BRF on UN Sustainability List03 October 2013
BRAZIL - BRF, Brasil Foods, is included on the United Nations new Global Compact index for companies that are committed to sustainability.
BRF is included in the list making up the 100 companies in the Global Compact 100 (GC100), an index incorporating those companies embracing the 10 United Nations Global Compact principles with the best performance in the equities’ market.
“The index demonstrates that it is possible to combine two major objectives of companies and shareholders - to have a sustainable business and create value. This is great recognition for BRF which deems sustainability as a strategic pillar,” said Luciana Ueda, BRF’s Sustainability Manager.
Designed and launched by the United Nations Global Compact in partnership with the research company Sustainalytcs, GC100 selected companies based on their adherence to the Global Compact principles and their commitment to profitability.
The track record of appreciation of this new portfolio exceeds the performance of the principal market benchmark, the FTSE® All World, over the last year, GC100 companies have:
- over the last year, appreciated 26.4 per cent while the FTSE All World rose 22.1 per cent
- over the last two years, appreciated 19.0 per cent while the FTSE All World rose 17.7 per cent, and
- over the last three years, appreciated 12.0 per cent while the FTSE All World rose 12.0 per cent.
“Although the GC100 should not be interpreted strictly as evidence of a relationship between a commitment to sustainability and share performance, it shows an incredible correlation between both,” said Georg Kell, Global Compact’s Executive Director. “Results suggest that companies with sustainable practices have been creating growing investor interest.”
The GC100 lists companies’ environmental and social performance contingent on the basic requirement of profitability.
Mr Kell added; "The performance of sustainability should not be considered in isolation and for this reason we assess the basic premise of good financial health. Both factors are frequently seen as standard when examining the quality of management and thus are critical to the expected return on investments.”
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