Kathleen Neufeld :
NSK named to Dow Jones Sustainability World Index for the sixth year in a row
Kathleen Neufeld :
NSK Corporation, a leader in the motion and control industry, is very proud to announce that it has, once again, been selected by the Dow Jones Sustainability World Index (DJSI) for 2006/2007 as one of the top 10% of the biggest 2,500 global companies in terms economic, environmental and social performance. That makes NSK one of only 318 companies from 23 companies around the world to meet this standard.
Sustainability is a business approach that creates long-term shareholder value by embracing opportunities and managing risks deriving from economic, environmental and social developments. Corporate sustainability leaders achieve long-term shareholder value by gearing their strategies and management to harness the market´s potential for sustainability products and services while at the same time successfully reducing and avoiding sustainability costs and risks. Companies are assessed in critical areas of strategies, financial indicators, customer loyalty and product innovation, and human resources.
Launched in 1999, the Dow Jones Sustainability Indexes are the first global indexes tracking the financial performance of the leading sustainability-driven companies worldwide. Based on the cooperation of Dow Jones Indexes (USA) and the SAM Group (Switzerland) they provide asset managers with reliable and objective benchmarks to manage sustainability portfolios. Currently 56 DJSI licenses are held by asset managers in 14 countries to manage a variety of financial products including active and passive funds, certificates and segregated accounts. In total, these licensees presently manage over 4 billion EURO based on the DJSI.
“Increasingly, investors around the world are looking for the long-term growth and security of investing in companies the follow best practices with regards to sustainability”, observed Tom Rouse, President of NSK Corporation. “We are very proud to have been selected as part of the sustainability index for the sixth consecutive year as it demonstrates to our employees, our customers and our shareholders the strength and long-term vision of NSK.”
ABOUT NSK LIMITED
Headquartered in Tokyo, Japan, NSK Limited is a world-class producer and innovator of motion and control products. Established in 1916, NSK became a world leader in the industry because of an intense commitment to engineering research, modern manufacturing processes and superior quality.
Today, the company is the world’s second largest bearing manufacturer, employs over 20,000 people worldwide, has more than 47 global manufacturing facilities and over 100 sales operations, operates 13 technology centers and produces and distributes over 100,000 different
types of bearings, linear motion and automotive component products.
ABOUT DJSI WORLD
For further details regarding the DJSI World, go to www.sustainability-indexes.com