Empresa de Energía de Bogotá (EEB) positions itself as the energy company with the longest history in the Dow Jones Sustainability Index in Colombia
11 September 2017
- Dow Jones is the most renowned sustainability index worldwide and analyzes the performance of leading companies in the social, environmental and economic areas.
Bogotá, D.C., September 11, 2017. For the sixth year in a row, Empresa de Energía de Bogotá (EEB) has been ratified as one of the Colombian companies listed in the stock exchange with the best performance in terms of sustainability management.
According to the Dow Jones Sustainability Index, EEB stands out in the emerging market category thanks to its world class good practices in relation to labor indicators, biodiversity and environmental management. It has also stood out due to its code of conduct, risk management, Entrepreneurial Social Responsibility practices and relations with groups of interest.
EEB scored more than 89% among companies in the same sector that were included in the global index.
Dow Jones is the most renowned sustainability index worldwide and analyzes the performance of leading companies in relation to the social, environmental and economic areas. It was created in 1999 with the aim of recognizing firms with high standards in the abovementioned areas, which is why being included in the index is a big recognition. Nine Colombian companies are included in the Index in 2017.
For Astrid Álvarez, Grupo Energía de Bogotá’s CEO, remaining in the Dow Jones Sustainability Index “is a proof of the positive impact of our corporate strategy and an opportunity to continue to build confidence among the groups of interest in terms of legitimacy, transparence and attractive and sustainable investment.”
EEB, and all the companies making up the Grupo Energía de Bogotá (GEB), reaffirm their commitment to creating value, shared with all their groups of interest and in all territories in which it is active as a strategic ally for sustainable development.
About Grupo Energía Bogotá
Grupo Energía de Bogotá (GEB), led by Empresa Energía de Bogotá, is a joint stock company listed in the Colombian Stock Market, whose main purpose is the generation, transmission, distribution and marketing of energy, gas and liquid fuels in all of their forms.
Today, Grupo Energía de Bogotá is the region's main Multi-Latin company of electric energy and natural gas with presence in Colombia, Peru, Guatemala and Brazil. Acting as a “strategic connector”, focused on three Business Groups:
- Urban Energy Solutions, seeking to develop and operate the infrastructure needed to meet the demand of electric energy and natural gas of big cities;
- Interconnection for Market Development, business unit in charge of connecting energy generation sources with consumer's megacenters and big users; and
- Low-Emission Generation, seeking new opportunities in renewable energies in countries undergoing a transition from the energy matrix to this sustainable generation low-emission source.
Dow Jones Sustainability Index
Since 1999, the Dow Jones Sustainability Index every year invites a group of companies from around the world, which represent 60 production sectors of the industry, to report their performance in terms of corporate sustainability. S&P, Dow Jones Indices and RobecoSAM, which gather experience in corporate and sustainable investment indices, collaborate in applying the evaluation methodologies employed in their indices.
The evaluation methodologies comprise economic, environmental and social criteria, with a long-term perspective to create value. The companies that are part of the index have better capabilities and are better prepared to take advantage of the opportunities of sustainable development.
The evaluation is oriented toward identifying the best companies and provides comparative analysis tools that promote the integration of sustainability with corporate strategies.
Jacqueline Guevara Gil
External Communications Adviser