Ericsson Named the Sustainability Leader in the Communications Technology Industry.Business Editors & Telecommunications Writers STOCKHOLM, SWEDEN--(BUSINESS WIRE)--Oct. 15, 2001 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 today announced that Ericsson (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :ERICY) was rated the sustainability leader in the communications technology Noun 1. communications technology - the activity of designing and constructing and maintaining communication systems engineering, technology - the practical application of science to commerce or industry industry in the Dow Jones Sustainability World Index (DJSI DJSI Dow Jones Sustainability Index ). This index includes the top 10% of the 2,500 companies in the DJSI, tracking the leading sustainability-driven companies worldwide in terms of economic, environmental and social criteria. In addition to being named the leader in the communications technology industry, Ericsson has been named the leader in the entire Technology Market Sector in the new Dow Jones STOXX Sustainability Index, tracking European sustainability leaders. This recognition verifies Ericsson's commitment to 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 and corporate responsibility. Part of this recognition is due to the quality and scope of Ericsson's management information systems that are in place providing details, set goals and manage for results on the broad spectrum of environmental, social and economic standards. "Being recognized for our achievements by Dow Jones verifies the seriousness with which we approach our Corporate Responsibility in the broader concept of sustainability," says Kurt Hellstrom, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. and President of Ericsson. Ericsson is shaping the future of Mobile and Broadband Internet See broadband. communications through its continuous technology leadership. Providing innovative solutions in more than 140 countries, Ericsson is helping to create the most powerful communication companies in the world. Read more at http://www.ericsson.com/press About DJSI The DJSI World Index consists of more than 200 companies that represent the top 10% of the leading sustainability companies, in 64 industry groups in the 33 countries covered by the DJGI DJGI Dow Jones Global Index . For more information on the DJSI World and the STOXX Index, visit: http://www.sustainability-indexes.com/ Dow Jones's highlights of Ericsson's program: Dow Jones cited some highlights of our program: - commitment to and communication about sustainability - product safety and public concerns about electromagnetic fields (EMF) and health - participation in the UN Global Compact, a UN sponsored program for improving corporate social responsibility - conducts comprehensive Life Cycle Analyses of our products - strict environmental standards for suppliers - avoids specified hazardous substances in production - commitment to the energy efficiency of products - European take back program for end-of life treatment of our products - customer satisfaction tracking system - integration of stakeholder input into development of future business activities. |
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