Panasonic Awarded SAM Gold Class Distinction in Sustainability for Fourth Consecutive Year
Panasonic was awarded the Gold Class distinction in the CSR category on January 26 of this year by SAM (Sustainable Asset Management), one of the most highly recognized asset management companies for sustainability investments.
Panasonic received the Gold distinction for the fourth consecutive year, which validates Panasonic's efforts to achieve growth for the company while contributing to the environment, as demonstrated by the company's high scores on the environment in the Leisure Goods sector, which includes home-appliance makers and others.
Panasonic continues to contribute to the creation of a sustainable society through an open dialog with society based on its founding management philosophy of the company as a "public entity of society".
The Sustainability Yearbook
Each year SAM evaluates about 2,500 of the world's leading companies and rates their sustainability in the areas of economics, environment, and society, selecting the top CSR companies and awarding the best of these with Gold, Silver, or Bronze commendations.
Of the 433 top-ranking CSR companies this fiscal year, 87 were given a Gold commendation.
(Updated on July 18, 2012, below)
Panasonic was presented with the SAM Gold Class Distinction in Sustainability on July 4, 2012. SAM (Sustainable Asset Management), located in Switzerland, is the world's leading socially responsible investment (SRI) rating company. Each year SAM evaluates about 2,500 companies for their sustainability in the areas of economics, environment, and society, selecting the top CSR companies and awarding the best of these with Gold, Silver, or Bronze commendations.
Panasonic has been awarded the Gold Class distinction for four consecutive years, and on this occasion, SAM Executive Committee Member Daniel Wild presented the award at the Tokyo Panasonic Building.
When accepting the distinction, Senior Managing Executive Officer Takumi Kajisha said, "In our role as a Green Innovation Company, we believe that receiving high marks in the area of the environment is proof that Panasonic's vision and direction are aligned with everyone's expectations. We would like to continue to practice our management philosophy of contributing to society through our business activities and in this way live up to everyone's expectations."