Last month, Siemens was awarded the number one spot on the Dow Jones World Sustainability Index.
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Although the company has created a sustainability index, it still sells a lot of cheap, unnecessary stuff at really low prices.
The Arkansas-based company is the primary funder behind the Sustainability Consortium, a multi-stakeholder initiative that is developing a sustainability index at the product level.
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For example, the Sustainable Apparel Coalition, led by Patagonia, has engaged over 30% of the global apparel and footwear companies who are now held accountable to a single sustainability index.
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Recognized for its industry-leading performance across a range of economic, environmental and social criteria, Samsung Electronics was named the world's most sustainable technology company in the 2011 Dow Jones Sustainability Index.
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The Wal-Mart Sustainability Index may just be a beginning.
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Phase two will involve collaborating with a consortium of research universities called the Sustainability Index Consortium to work with suppliers, retailers, non-governmental agencies and government to develop a comprehensive, global database on the lifecycle of the products that Wal-Mart carries.
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Siemens AG has been named once again to the prestigious Dow Jones Sustainability World Index (DJSI), capturing the No. 1 spot in the sector Diversified Industrials, which also includes ITT, General Electric and Toshiba.
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Target Rock released on March 19 at an EnergyBiz forum its top-performing utility in its sustainability and socially-responsible investing index: Sempra Energy, which is evaluated on everything from its generation portfolio to its community-wide investments to its overall financial performance.
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Several of the companies involved have already been using their own internal lifecycle assessment tools to improve the sustainability of their products, and those tools have helped to inform the Index.
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Oman is ranked 110 out of 132 nations surveyed in environmental sustainability over the past decade, according to Yale University's 2012 Environmental Performance Index.
If one defines true sustainability as having components related to profit, planet, and people, then the Eco Index is well on its way.
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