Once again Glenmark featured in Dow Jones Sustainability Emerging Markets Indices

  1.    Dow Jones Sustainability Index is one of the world’s premier benchmark for sustainable business practices
  2.    Glenmark is ranked 15th among the companies in pharmaceuticals, biotechnology and life sciences sector globally
  3.    Glenmark is among the only 12 companies from India and one of the two companies from the pharmaceutical sector to be listed in the DJSI Emerging Markets Index this year

Glenmark Pharmaceuticals Ltd. (Glenmark), a research-led global integrated pharmaceutical company, today announced that the company has been listed in the Dow Jones Sustainability Index (DJSI), under the category of emerging markets for the second consecutive year in a row. DJSI is one of the world’s most respected and widely accepted sustainability benchmarks globally with only the top ranked companies in terms of Corporate Sustainability within each industry are featured in the index.

The DJSI analyses companies on the corporate economic, environmental and social performance, in order to assess issues such as but not limited to corporate governance, risk management, branding, climate change mitigation, supply chain standards and labor practices amongst others. The inclusion in this list is considered highly prestigious by global investors, financial analysts and other stakeholders and also serves as a benchmark for investors who integrate sustainability considerations into their portfolios.

“The goal of achieving sustainability is inherent in our motto of enriching lives, and is a continual process encompassing all our operations, stakeholders, communities and the planet at large. DJSI is one of the most respected and widely accepted sustainability benchmarks globally and we are proud to be included in this list for the second consecutive time. It reflects our promising performance and strong commitment towards advancing our sustainability practices,” said Glenn Saldanha, Chairman and Managing Director, Glenmark Pharmaceuticals.

Over 800 companies from the emerging markets were assessed, out of which 98 made it to this prestigious index this year including 12 from India. Glenmark is one of the only two companies from Indian Pharmaceutical sector to be featured in the DJSI, Emerging Markets 2019. Glenmark is ranked 15th among the companies in pharmaceuticals, biotechnology and life sciences sector globally.

About Dow Jones Sustainability Indices (DJSI):

The DJSI is the foremost global benchmark for corporate sustainability. Launched in 1999, the DJSI World represents the gold standard for corporate sustainability and is the first global index to track the leading sustainability-driven companies based on RobecoSAM’s analysis of financially material Environmental, Social, and Governance (ESG) factors and S&P DJI’s robust index methodology.