Ladbrokes Wins Recognition in D.J.Sustainablity Index

Published Saturday, November 07, 2009 - Online-Casinos.com

Ladbrokes has been around in the world of gambling for a long time now and is now also being recognized as a good sustainable business. Ladbrokes has been ranked as a world leader in sustainability by the DJSI. Launched in 1999, the Dow Jones Sustainability Indexes are the first global indexes tracking the financial performance of the leading sustainability-driven companies worldwide. Based on the cooperation of Dow Jones Indexes, STOXX Limited and SAM they provide asset managers with reliable and objective benchmarks to manage sustainability portfolios. Currently more than 70 DJSI licenses are held by asset managers in 16 countries to manage a variety of financial products including active and passive funds, certificates and segregated accounts. In total, these licensees presently manage over 8 billion USD based on the DJSI. SAM is a Swiss organization that takes care of billions of Euros in funds that was the first carbon neutral company in Switzerland since 2001.

Ladbrokes was one of three hundred and seventeen companies recognised in the index. Corporate governance, risk management, branding, climate change mitigation, supply marketing standards and labour policies are all part of the criteria used by the DJSI to judge participants in the index. Using the Industry Classification Benchmark as a baseline general and industry specific sustainability issues are analysed in the 58 sectors defined. Ladbrokes was praised in the index for its human resources practices, anti-money laundering and crime prevention policies and security systems, promoting responsible gambling and eco friendly operational standards. One of only two online gambling operations listed in the index Ladbrokes has come out on top in the world wide competition.

Chief Executive Officer of Ladbrokes Christopher Bell commented on the recognition from the DJSI. "Corporate responsibility runs through everything we do and I'm pleased that Ladbrokes has been recognised as the top ranked gambling company in the world in this area."

 

 

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