Sigma-Aldrich Corporation (SIAL) has became the only St. Louis-based company to have been listed on the Dow Jones Sustainability Indices (:DJSI). Sigma-Aldrich’s management recognized it to be a great honor for the company.
Sigma-Aldrich had introduced GC1015 Initiative in 2010, which included seven sustainability goals to be achieved by 2015. In tune with this initiative, Sigma-Aldrich has taken measures to reduce waste, energy and water usage and carbon emissions. The measures were taken to improve supply chain transparency, and to increase its greener alternative product offerings and employee volunteerism globally.
As per 2012 records, Sigma-Aldrich was successful in reducing its absolute water usage for the second year in a row and also achieved an absolute reduction in natural gas usage. The company decreased overall energy intensity by 10% keeping 2010 as the basic standard usage level.
Earlier this month, Newmont Mining Corp. (NEM) was enlisted in the Dow Jones Sustainability World Index (DJSI World) for its sustainable development and responsible resource management. It has been named to DJSI World for the seventh straight year.
Developed with investment specialist RobecoSAM, the Dow Jones Sustainability Indices invite 3,300 companies from around the world that are focused on sustainability to complete its annual assessment. DJSI World records the performance of 2,500 leading companies worldwide and separately assesses their long-term economic, environmental and social performances. The top 10% performers are then selected from 59 industry groups.
Sigma-Aldrich carries a Zacks Rank #4 (Sell). Ferro Corp. (FOE), with a Zacks Rank #1 (Strong Buy), and Sensient Technologies Corp. (SXT), with a Zacks Rank #2 (Buy), are good investment options in the specialty chemical industry.