Published:
Baxter Named to Dow Jones Sustainability Index for Tenth Consecutive Year
DEERFIELD, Ill., Sept. 5 /PRNewswire-FirstCall/ -- Baxter International
Inc. (NYSE: BAX) announced today that it has been named 2008 Medical Products
Industry Leader of the Dow Jones Sustainability World Index (DJSI World) and
the Dow Jones Sustainability North America Index (DJSI North America). This
marks the tenth consecutive year that the company has been listed in the DJSI
and the seventh year the company has been named Medical Products Industry
Leader since the launch of the DJSI in 1999.
Baxter's leadership position resulted from best scores across a number of
performance areas including bioethics, codes of conduct, environmental
policy/management, occupational health and safety, and social and
environmental reporting.
"We believe our efforts in sustainability enhance shareholder value by
making Baxter a more competitive company," said Robert L. Parkinson, Jr.,
Baxter's chairman and chief executive officer. "Baxter's approach to
sustainability inspires innovation and discipline, and reflects the quality of
our people and our company culture."
The Dow Jones Sustainability indices, derived from the Dow Jones Global
Index, are the world's first benchmarks tracking the financial performance of
leading sustainability-driven companies worldwide. The DJSI World Index tracks
the financial performance of the top 10 percent of the 2,500 largest companies
in the Dow Jones Global Index in terms of social, economic and environmental
performance. The DJSI North America Index includes the top 20 percent in each
of 57 sectors out of the largest 600 North American companies in the Dow Jones
Global Index.
In addition to Baxter's inclusion in the DJSI, the company has been
recognized by Innovest Strategic Value Advisors as one of the Global 100 Most
Sustainable Corporations in the World and by Corporate Responsibility Officer
magazine as one of the 100 Best Corporate Citizens inthe United States.
Baxter is a member of the Center for Corporate Citizenship at Boston College,
the Business Environmental Leadership Council of the Pew Center on Global
Climate Exchange, the Chicago Climate Exchange, the U.S. EPA's Climate
Leaders, the Ethics & Compliance Officer Association and Hospitals for a
Healthy Environment. Baxter endorses the Ceres principles and is an
organizational stakeholder of the Global Reporting Initiative.
Baxter International Inc. develops, manufactures and markets products that
save and sustain the lives of people with hemophilia, immune disorders,
cancer, infectious diseases, kidney disease, trauma, and other chronic and
acute medical conditions. As a global, diversified healthcare company, Baxter
applies a unique combination of expertise in medical devices, pharmaceuticals
and biotechnology to create products that advance patient care worldwide.
SOURCE Baxter International Inc.
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Copyright © 2008, NewsBlaze,
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