Logitech Named to Dow Jones Sustainability Europe Index for Fifth Consecutive Year
December 26 2024 - 2:01AM
Business Wire
Continued Excellence in Environmental, Social,
and Governance Leadership Recognized
Logitech International (SIX: LOGN) (Nasdaq: LOGI) has been
selected for inclusion in the Dow Jones Sustainability Index (DJSI)
for Europe for the fifth consecutive year. The company’s ambitious
climate action strategy, including its actions to reduce 50%
indirect carbon emissions by 2030, drives transparency and
accountability at Logitech.
“Inclusion on the prestigious Dow Jones Sustainability Index for
Europe is a testament to our unwavering commitment to action and
designing for sustainability,” said Prakash Arunkundrum, chief
operating officer at Logitech. “Consumers and businesses
increasingly rank sustainability as a value driver — a priority we
embraced early on. By using innovative materials, technologies, and
processes, we aim to cut carbon emissions and advance scalable
circular solutions. Designing for sustainability shapes our
products, operations, and business practices.”
The DJSI Europe recognizes Logitech’s outstanding performance in
advancing Environmental, Social, and Governance (ESG) criteria, a
benchmark for global sustainability leadership. The company made
advancements in areas such as Supply Chain Management, Product
Stewardship, Climate Strategy, Biodiversity, Human Capital
Management and Human Rights. Its score and advancements in these
areas reflect Logitech’s enduring dedication to performance,
accountability, and transparency.
Highlights of Logitech’s achievements over the past year
include:
- Three out of four products use Next Life, recycled plastic
material across the categories, and over 66 product lines use
low-carbon aluminum for lower carbon impact.
- Transparency: 66% of Logitech products are now carbon labeled.
The company is on target to carbon label all its products by the
end of 2025, and has open-sourced its learnings and methodology for
any company to use.
- Logitech collaborates with suppliers to support their
transition to renewable electricity. In recognition of this, CDP
awarded Logitech with Supplier Engagement Leader status for the
third year in a row.
- Across the globe, 94% of the company’s electricity footprint
comes from direct and indirect renewable electricity
purchases.
Additionally, Logitech was recognized this year for its
sustainability performance by MSCI with a “AAA”1 rating
representing the top 15% in the technology, hardware, and
peripherals industry globally; achieved “Prime” status in the ESG
assessment carried out by Institutional Shareholder Services (ISS);
and was ranked among the Top 5 in Vontobel's Swiss Equities ESG
Report. Learn about all of Logitech’s sustainability programs in
the 2024 Impact Report or on the website.
About Logitech
Logitech designs software-enabled hardware solutions that help
businesses thrive and bring people together when working, creating
and gaming. As the point of connection between people and the
digital world, our mission is to extend human potential in work and
play, in a way that is good for people and the planet. Founded in
1981, Logitech International is a Swiss public company listed on
the SIX Swiss Exchange (LOGN) and on the Nasdaq Global Select
Market (LOGI). Find Logitech and its other brands, including
Logitech G, at www.logitech.com or company blog.
(LOGIIR)
1 MSCI AAA rating as of 14th December 2024. The use by Logitech
of any MSCI ESG Research LLC or its affiliates ("MSCI") Data, and
the use of MSCI logos, trademarks, service marks or index names
herein, do not constitute a sponsorship, endorsement,
recommendation, or promotion of Logitech by MSCI. MSCI services and
data are the property of MSCI or its information providers, and are
provided "as-is" and without warranty. MSCI names and logos are
trademarks or service marks of MSCI.
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version on businesswire.com: https://www.businesswire.com/news/home/20241226596300/en/
Editorial Contacts: Marie Perriard, Head of
Sustainability Communications - USA mperriard@logitech.com Ben
Starkie, Corporate Communications - Europe +41 (0) 79-292-3499
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