GRUPO SURA has been included in the Dow Jones Sustainability Indices for the third year running
MEDELLIN, Colombia, Sept. 13, 2013 /PRNewswire/ -- GRUPO SURA (BVC: GRUPOSURA & PFGRUPSURA; ADR: GIVSY, GIVPY) is one of 333 companies chosen from all over the world to form part of the Dow Jones Sustainability World Index this year, in token of its commitment to maintaining a responsible and sustainable handling of its business strategy from all economic, environmental and social standpoints.
This Index provides the investor community with information regarding the sustainability of a range of listed companies on a global level. Since 1999 when it was first launched, this Index has served as a yardstick for all those investors interested in companies who are able to provide a responsible and comprehensive approach to their different business interests. It is also worth pointing out that in 2012 Dow Jones expanded its family of sustainability indexes to include another dedicated solely to the emerging markets.
GRUPO SURA was first admitted to the Dow-Jones Sustainability Index in 2011, the first Colombian company belonging to the Diversified Financial Services sector to do so. It was then readmitted last year and again this year, thereby completing three straight years. This year out of a total of 101 applicant companies from this sector, only 12 were admitted, with Grupo Sura figuring as the only Latin American company out of this select group.
With regard to the DJ Sustainability Emerging Market Index, out of a total of 81 candidate companies from different economic sectors, only 30 were Latin American companies, namely from Brazil, Mexico, Colombia and Chile.
David Bojanini Garcia, GRUPO SURA's Chief Executive Officer stated: "We are pleased to form part of this select group of companies throughout the world who set themselves apart for their best economic, social and environmental practices. For us, being admitted to the Dow Jones Sustainability Index is not a goal in itself, but rather the result of a history of responsible management, based on sound ethical principles, going back over the last 69 years. It is also a much appreciated recognition for more than 22 thousand employees belonging to GRUPO SURA and its Latin American subsidiaries."
It is also worth noting that for the first time ever, Grupo Argos and Cementos Argos made their debut on this Index joining Bancolombia and Grupo Nutresa who were also readmitted this year. These organizations form part of our investment portfolio and therefore share the same responsible and sustainable business practices for which GRUPO SURA has become known. There are now a total of 6 Colombian companies, including Ecopetrol, joining 8 other Brazilian companies making up a total of 14 Latin American companies included in the D Dow Jones World Index.
The role played by the Dow Jones Sustainability Index is becoming increasingly important for the global stock market, given the increasing significance of its evaluation and appraisal criteria with regard to advanced business management models and practices over the long term.
About the Dow Jones Sustainability Indices
The Dow Jones Sustainability Indices track the performance of leading companies from all over the world with regard to sustainability standards. It was first launched in 1999 as a global monitoring platform for sustainability issues, in collaboration with Robeco SAM (Sustainability Asset Management). Admittance is based on a rating given to a questionnaire drawn up by SAM, as well as public information regarding the candidate company and whether this is coherent with that reported by the media.
ABOUT GRUPO SURA
Grupo de Inversiones Suramericana –GRUPO SURA– is a Latin American company listed on the Colombian Stock Exchange and registered with the ADR- Level 1 program in the United States. We are also the only entity from Latin American diversified financial services sector to be admitted to the Dow Jones Sustainability Index (DJSI), which monitors companies who have become global benchmarks thanks to the good practices they have adopted from the economic, environmental and social standpoints. GRUPO SURA holds two types of investments, the first being its strategic investments in the financial service, insurance, social security as well as complementary service sectors; and the second corresponds to its portfolio investments in the processed food, cement and energy sectors.
Luis Eduardo Martinez
Director of Investor Relations
Luis Felipe Posada Jimenez
Grupo de Inversiones Suramericana
(574) 260 21 00 ext 2571
SOURCE GRUPO SURA