Life Technologies Tops Life Sciences Sector of Dow Jones 2013 Sustainability Index Company's sustainability record ranks among top 10 percent of large companies worldwide
CARLSBAD, Calif., Sept. 18, 2013 /PRNewswire/ -- Life Technologies Corporation (NASDAQ: LIFE) today announced that the Dow Jones Sustainability Index (DJSI) has named the company the 2013 Life Sciences Tools & Services industry sector leader, and the only life sciences company listed on both the DJSI North America and World Indexes. The DJSI leaders are chosen from among the 3,000 largest companies worldwide based on a comprehensive assessment of long-term economic, environmental and social criteria including corporate governance, employee satisfaction, stakeholder engagement, and product innovation.
Life Technologies earned the highest sector scores across all three top-level areas of evaluation -- economic, environmental, and social performance. Within these three areas, the company received highest marks in bioethics, human capital development, occupational health & safety, marketing practices, and risk & crisis management.
"We are pleased to be a part of the Dow Jones Sustainability Index for the sixth consecutive year," said Cristina Amorim, chief sustainability officer for Life Technologies. "It is an indication that our stakeholders are increasingly recognizing the value inherent in a corporate strategy that maximizes the economic, environmental, and social performance of a company. And this is only possible with the contributions of every employee at Life Technologies." Amorim was named Ethical Corporation's Sustainability Executive of the Year in 2012.
Notable achievements in 2013 include the installation of the company's second fuel cell system, supplying 95 percent of the energy needed to power its Pleasanton, California, campus, while boosting energy reliability and cutting CO2 emissions. The company also certified two more of its facilities ‑ Lohne, Germany and Eugene, Oregon ‑ as zero waste. Life Technologies supported public education by instituting InnovatioNation,™ a program that brings cutting-edge science education curricula to more than 1,000 K-12 students across the United States; achieved 99% completion rate for employee ethics training; and was recognized as a Top Veteran-Friendly Company by U.S. Veterans Magazine.
"As a life sciences company, we are dedicated to enhancing human health and wellbeing," said Amorim. "It is therefore vital that we embody that mission throughout our organization at every level from developing products that revolutionize scientific research in medicine and food safety to providing outstanding health and wellness programs to our employees to disclosing ethics and compliance policies that demonstrate our adherence to high global standards."
Life Technologies is also ranked among Corporate Responsibility Magazine's 100 Best Corporate Citizens and the Corporate Knights' Global 100 Most Sustainable Corporations.
Life Technologies' sustainability report content is housed at lifetechnologies.com/sustainability.
Launched in 1999, the DJSI were the first global indices to track the financial performance of the leading sustainability-driven companies worldwide.
About Life Technologies
Life Technologies Corporation (NASDAQ: LIFE) is a global biotechnology company that is committed to providing the most innovative products and services to leading customers in the fields of scientific research, genetic analysis and applied sciences. With a presence in more than 180 countries, the company's portfolio of 50,000 end-to-end solutions is secured by more than 5,000 patents and licenses that span the entire biological spectrum -- scientific exploration, molecular diagnostics, 21st century forensics, regenerative medicine and agricultural research. Life Technologies has approximately 10,000 employees and had sales of $3.8 billion in 2012.
Life Technologies' Safe Harbor Statement
This press release includes forward-looking statements about Life Technologies' anticipated results that involve risks and uncertainties. Some of the information contained in this press release, including, but not limited to, statements as to industry trends and Life Technologies' plans, objectives, expectations and strategy for its business, contains forward-looking statements that are subject to risks and uncertainties that could cause actual results or events to differ materially from those expressed or implied by such forward-looking statements. Any statements that are not statements of historical fact are forward-looking statements. When used, the words "believe," "plan," "intend," "anticipate," "target," "estimate," "expect" and the like, and/or future tense or conditional constructions ("will," "may," "could," "should," etc.), or similar expressions, identify certain of these forward-looking statements. Important factors which could cause actual results to differ materially from those in the forward-looking statements are detailed in filings made by Life Technologies with the Securities and Exchange Commission. Life Technologies undertakes no obligation to update or revise any such forward-looking statements to reflect subsequent events or circumstances.
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