Conoco Named to Dow Jones Sustainability World Index.Business/Energy Editors HOUSTON--(BUSINESS WIRE)--Sept. 27, 2001 Conoco (NYSE NYSE See: New York Stock Exchange :COCA) (NYSE:COCB) has been selected as a component of the Dow Jones Dow Jones the best known of several U.S. indexes of movements in price on Wall Street. [Am. Hist.: Payton, 202] See : Finance Sustainability World Index (DJSI DJSI Dow Jones Sustainability Index World) for the second consecutive year. Effective October 5, the DJSI World will include 312 companies chosen from the 2,500 largest companies in the Dow Jones Global Index. Covering more than 30 criteria in the three areas of sustainability, the index rates a company's economic, environmental and social performance. "We are thrilled to be recognized as a leader in the global energy sector for sustainable development Sustainable development is a socio-ecological process characterized by the fulfilment of human needs while maintaining the quality of the natural environment indefinitely. The linkage between environment and development was globally recognized in 1980, when the International Union ," said Pogo Davis, Conoco's Manager of Sustainable Development. "Conoco was selected for membership in the 2000 Index. However, companies are reviewed annually and must demonstrate improvement from year to year." The DJSI World is the first global index tracking the performance of the leading sustainability-driven companies. A growing number of investors are aware of the competitive advantages that can result from integrating economic, environmental and social success factors into business strategy. Conoco issued its first sustainable growth report earlier this year to show how the company creates value for shareholders while maintaining respect for environmental and social considerations. Conoco has been guided by the basic tenets of sustainability for decades, as demonstrated by its commitment to core values of excellence in safety and occupational health, environmental stewardship The integration and application of environmental values into the military mission in order to sustain readiness, improve quality of life, strengthen civil relations, and preserve valuable natural resources. , valuing all people and conducting business in an ethical manner. Based on its achievements, the company was selected as a member of the FTSE FTSE A company that specializes in index calculation. Although not part of a stock exchange, co-owners include the London Stock Exchange and the Financial Times. Notes: The FTSE is similar to Standard & Poor's in the United States. 4Good U.S. 100 Index earlier this year. In addition, the company has been ranked first in safety in the U.S. in 16 of the past 22 years, according to data published by the American Petroleum Institute The American Petroleum Institute, commonly referred to as API, is the main U.S. trade association for the oil and natural gas industry, representing about 400 corporations involved in production, refinement, distribution, and many other aspects of the industry. (API). Conoco is a major, integrated energy company active in more than 40 countries. http://www.conoco.com |
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