A new ranking by the Wall Street Journal, places Ericsson
in the top percentile for its ability to create long-term shareholder value
through sustainable business practices.
Sustainability is central to Ericsson’s purpose – and the
company was recently ranked #12 on The Wall Street Journal’s list of the 100
Most Sustainably Managed Companies in the World.
"The ranking shows that Ericsson is positioned to
adapt and thrive in the long term," says Heather Johnson, Vice
President, Sustainability and Corporate Responsibility.
"We firmly believe in sustainability practices based
on science and embedded throughout our business can help create value for
employees, customers, investors and – ultimately – society. It’s excellent
recognition of cross-company collaboration to reduce risks and create positive
impacts across our value-chain."
The ranking was developed by the Wall Street Journal's
environmental, social and governance analysts, who assessed more than 5,500
publicly traded businesses based on sustainability metrics in areas such as
business models and innovation, external social and product issues, employee
and workplace issues, and the environment. The ranking’s methodology takes a
broad view of sustainability, one which assesses a company’s leadership and
governance practices for their ability to create value for shareholders over
the long term.
For all of the companies, transparency was key. Scores
reflect the amount of publicly available information about each company’s
policies, initiatives and performance metrics—all of which can be important
indicators of a company’s long-term financial performance and the effects it
could have on the planet and people. Read more about the methodology here.
Ericsson’s Sustainability and Corporate Responsibility
strategy focuses on three pillars: responsible business, environmental
sustainability and digital inclusion.