Telenor ranked number one on Sustainability
(09 September, 2008) Telenor has been ranked number one on sustainability in mobile telecommunications on the Dow Jones Sustainability Indexes (DJSI) for the second year in a row. The DJSI ranked Telenor as the industry leader among 17 mobile telecommunications companies on the combined performance on a range of economic, social and environmental criteria.
This is the seventh year that Telenor has been ranked highly on the DJSI. The Indexes rank how well companies conduct their business based on 98 in-depth questions on economic, social and environmental aspects of Sustainability. This is the world's most comprehensive annual analysis of sustainability trends and corporate sustainability performance. The research is based on extensive internal and external documentation.
Long term investment in sustainability
Telenor’s achievement is the result of a sustained focus on improving the company’s corporate responsibility performance across the Group. “We are pleased that the DJSI recognise our long term investment in improving the sustainability of all our operations,” said Hilde Tonne, Executive Vice President, Communications and Corporate Responsibility.
Improvement needed on supply chain performance
The DJSI report recognised that Telenor still has some way to go in order to ensure sustainability across the supply chain, with a ranking of 51 per cent (compared to the industry average of 49 per cent). Telenor submitted information on the unacceptable working conditions revealed in Bangladesh as well as the comprehensive ongoing measures taken.
Compares favourably to competitors
The analysis covered a wide-range of non-financial aspects of Telenor’s business. Digital Inclusion and Climate Strategy were two areas where Telenor received a top score. “The combined score reflects that while there are areas where we need to improve, the overall sustainability performance of Telenor compares favourably to that of our competitors.” said Mai Oldgard, Vice President, Corporate Responsibility, Telenor Group.
The illustration shows Telenor’s performance according to social, environmental and economic criteria.
Related information
Please read more on Telenor's sustainability work on our corporate responsibility pages:
http://www.telenor.com/corporate-responsibility/
Read more about Telenor’s contribution to society:
http://www.telenor.com/corporate-responsibility/contribution-to-society/
For more information, please contact:
Mai Oldgard, Vice President, Corporate Responsibility, Telenor Group,
e-mail: mai.oldgard@telenor.com
Ola Jo Tandre , Manager, Corporate Responsibility, Telenor Group
tel.: +47 95174579, e-mail: ola-jo.tandre@telenor.com