McGraw-Hill Companies named to sustainability indexes
The McGraw-Hill Companies announced it has
been named to the Dow Jones Sustainability Indexes (DJSI) in
recognition of the Corporation’s commitment to superior sustainable
development in its business operations. McGraw-Hill has been
recognized as a sustainability leader by both the DJSI World
Index and DJSI North America Index.
Launched in 1999, the Dow Jones Indexes together with SAM, an
investment boutique focused exclusively on sustainability investing,
review companies annually on a range of issues including corporate
governance, environmental policy, climate strategy, supply chain
standards and labor practices. Only ten percent of the world’s
largest corporations are selected for the DJSI World Index.
In 2009, McGraw-Hill underscored its commitment to enhancing
the economic, social and environmental well-being of the communities
it serves through several initiatives, which have led to:
- Reducing the consumption of printing paper by a third in
2009 as compared to 2008. In addition, 30 percent of the office
paper used in 2009 had recycled content.
- Use of 100 percent corrugated recycled paper and plastic
shrink wrap for all packaging within the United States.
- Cutting the number of total shipping cartons used from
2.59 million in 2008 to 2.37 million in 2009.
The corporation’s commitment to corporate social responsibility
was also recently spotlighted by being listed on the FTSE4 Good
Index Series, and the company has been ranked highly on Newsweek’s
Green Rankings Index and Corporate Responsibility Magazine’s
“100 Best Corporate Citizens.”