For the 4th consecutive year, Aracruz is classified for the Dow Jones Sustainability Index
Aracruz Celulose has been included for the fourth year in row in the select rank of companies on the Dow Jones Sustainability Index (DJSI World) 2008/2009. The company is the leader in the "Forestry and Paper Resources" category selected out of 14 worldwide forestry companies. Of these, only two - Aracruz and VCP - are included on this year's list.
The 2008/2009 index, announced this morning in Zurich by SAM, the institution responsible for the classification, is made up of 320 companies active in 57 industrial sectors. A total of 35 Brazilian companies were invited to participate in the selection process and only eight were classified. More than 2,500 companies from 51 countries listed on the Dow Jones Index were analyzed for their economic, environmental and social performance.
"Our continued presence on this index, one of the most desired on the part of large global companies, reflects Aracruz's commitment to the future. We continuously strive to improve our practices, always focused on the effective creation of value for shareholders and society," said Aracruz president and CEO Carlos Aguiar.
Created in 1999, the DJSI World Index became a worldwide benchmark for institutions that manage foreign funds. The index takes into account not only their financial performances but also, and mainly the quality of management, which must merge economic value with transparency, good corporate governance and social and environmental responsibility in order to achieve long-term sustainability."
