Plum Creek Timber Co. Inc. (NYSE:PCL) today announced that Dow Jones has
named the company to its Dow Jones Sustainability World Index (DJSI
World). The DJSI World comprises more than 300 of the leading
sustainability companies out of the biggest 2,500 companies worldwide.
The Dow Jones Sustainability Indexes are the first global indexes
tracking the financial performance of the leading sustainability-driven
companies worldwide.
The DSJI World captures the top 10 percent of companies based on
long-term economic, environmental and social criteria. The underlying
research evaluates corporations based on a variety of criteria including
climate change strategies, energy consumption, human resources
development, knowledge management, stakeholder relations and corporate
governance.
“At Plum Creek, we believe that our efforts to
be socially and environmentally responsible contribute to our overall
business success, and we are pleased that Dow Jones Sustainability World
Index has recognized the company’s ongoing
efforts in this regard,” said Rick Holley,
Plum Creek’s president and chief executive
officer.
“Plum Creek has long conducted its business
with a strong commitment to sustainability,”
Holley continued. “In 1999, Plum Creek was the
first company to have all of its lands third-party certified by
PricewaterhouseCoopers to the standards of the Sustainable Forestry
Initiative®. Today, Plum Creek continues this
commitment and is looking forward to helping resolve global
sustainability concerns by working on carbon sequestration initiatives
and researching emerging alternative energy sources such as biofuels.”
Plum Creek is the largest and most geographically diverse private
landowner in the nation with approximately 8 million acres of
timberlands in major timber producing regions of the United States and
10 wood products manufacturing facilities in the Northwest.
The Dow Jones Sustainability Indexes track the financial performance of
the leading sustainability-driven companies worldwide. Based on the
cooperation Dow Jones Indexes, STOXX Limited and SAM Group, the indexes
provide asset managers with reliable and objective benchmarks to manage
sustainability portfolios. The indexes cover companies in terms of
economic, environmental and social criteria. Full details about the
design philosophy, review methodology and index components are available
at www.sustainability-indexes.com.
Plum Creek Timber Co. Inc.
Robin Keegan, 1-888-467-3751
