STOCKHOLM, Sweden, Sept. 7, 2004 (PRIMEZONE) -- Again this year, Skanska is ranked as a world-leading company with a commitment to sustainable development. In this year's edition of the Dow Jones Sustainability Indexes, Skanska is one of the companies assessed as fulfilling demands on companies that combine sustained profitability with long-term sustainable development.
Skanska is listed among the 300 international companies chosen for the index in 2004. There are just a few Swedish companies included in the index. In addition to Skanska, only Industrivarden, Gambro, Ericsson, ForeningsSparbanken, H&M, SKF and Volvo are listed.
The Dow Jones Sustainability Group Indexes are updated annually following careful analysis of several thousand companies worldwide. In its assessment, Dow Jones places heavy emphasis on how companies have succeeded in integrating financial, social and environmental aspects into the company's strategy. In recent years, the requirements were extended to also include ethical policies and corporate governance. Skanska has continually been listed on the Dow Jones Sustainability Indexes since 1999.
"It is a great honor to continue to be ranked among this select group of global companies that are also assessed to fulfill the extended requirements," says Axel Wenblad, Senior Vice President Sustainability at Skanska AB. "It also reaffirms that our focus on such values as ethics, environment, competence and commitment is well-founded and successful."
Sustainable development is an important element of Skanska's strategy and brand. The principles under which Skanska shall conduct operations, in terms of business ethics, the environment and work environment, are established in the company's Code of Conduct. Specific guidelines have been established for the employees and training regarding the Code of Conduct is conducted in all business units. Skanska is also focusing on an improved health and safety, with the aim of achieving injury-free work sites.
For further information please contact:
Axel Wenblad, SVP Sustainability, Skanska AB, tel +46 8 753 88 98 Peter Gimbe, SVP Communications, Skanska AB, tel +46 8 753 88 38
See also www.sustainability-indexes.com
This and previous releases can also be found at www.skanska.com
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The following files are available for download:
http://www.waymaker.net/bitonline/2004/09/07/20040907BIT20080/wkr0001.pdf