Telenor Excels on Dow Jones

Press release
2 minute read
For the fifth consecutive year, Telenor has achieved a world leading position on the prestigious Dow Jones Sustainability Indexes (DJSI).

Dow Jones Sustainability Indexes - Member 2006/07This index ranks companies worldwide based on an overall assessment of financial, environmental and social performance. Telenor has achieved a number 2 position in competition with the top 24 mobile operators, only beaten by Vodafone.

Outperforming competitors

"I hope everyone throughout the group will take pride in this achievement. It shows that the Telenor Group has a way of working that outperforms our competitors along financial, social and environmental dimensions, said Olav Peter Hypher, Vice President and Head of Corporate Responsibility.

Olav Peter Hypher, Vice President of Corporate Responsibility.The Dow Jones analysts want to know what lies behind our financial results. They focus on how we conduct our business. Telenor's policies, work methods, management systems and our stakeholder relations are assessed in such areas as business ethics, customer relations, risk assessment, strategic management, employee satisfaction, work environment and many more. These factors are then reviewed together with our financial results.

Number one next year?

"We have every reason to be proud of our performance. Next year, we aim for the number one position," Hypher concluded.

"We know that many investors place a lot of emphasis on responsible business conduct and we believe our standing on these indexes will contribute to making Telenor an attractive option to investors all over the world," said Erling Thune, Director of Investor Relations at Telenor.