Logitech International (SIX: LOGN) (Nasdaq: LOGI) announced today that it achieved a 75th percentile ranking in the computer peripherals and office electronic industry worldwide, retaining its status as a member of the Dow Jones Sustainability Europe Index (DJSI), a widely recognized standard for measuring and advancing Environmental, Social, and Governance (ESG) criteria, for the second consecutive year.
“This has been another year of outstanding progress at Logitech delivered by people throughout the company,” said Bracken Darrell, Logitech president and chief executive officer. “We have just begun to hit our stride publicly on sustainability and we will continue to ramp up our work going forward because so much is at stake. We have a lot of work to do, but I love our momentum and the passion our people have for sustainability.”
Logitech’s performance resulted in a 36% overall improvement on the Corporate Sustainability Assessment (CSA), with the company scoring 60 out of 100 this year (Score date: Nov. 12, 2021), compared to 44 out of 100 last year. The company made advancements in areas such as Risk & Crisis Management, Cybersecurity & Privacy Protection, Materiality, Environmental Reporting, and Social Reporting. Expanded reporting of Social Impact led to an uplift in scores for multiple topics including Supply Chain Management, Human Capital Development, Corporate Citizenship and Philanthropy, and Labor Practice Indicators. The actual improvement reflected in these scores translates into real and tangible benefits to people and our environment, which continues to be Logitech’s primary focus and motivation.