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Ranked # 12 worldwide in the Computer Peripherals & Office Electronics Industry for ESG Rating
LAUSANNE, Switzerland & NEWARK, Calif .– (BUSINESS WIRE) – Logitech International (SIX: LOGN) (Nasdaq: LOGI) today announced it has reached the 75th percentile in the computer peripherals and office electronics industry globally, 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 year in a row.
“This has been another year of remarkable progress at Logitech, made by people across the company,” said Bracken Darrell, President and CEO of Logitech. “We have only just started making public progress on sustainability and will continue to step up our work in the future because the stakes are high. We have a lot of work to do, but I love our drive and the passion our people have for sustainability. ”
Logitech’s performance resulted in a 36% overall improvement in the Company’s Sustainability Rating (CSA), with the company scoring 60 out of 100 this year (score date: November 12, 2021 ), compared to 44 out of 100 last year. The company has made progress in areas such as risk and crisis management, cybersecurity and privacy, materiality, environmental reporting and social reporting. The expansion of social impact reporting resulted in increased scores for several topics, including supply chain management, human capital development, corporate citizenship and philanthropy, and best practice indicators. of work. The real improvement reflected in these scores translates into real, tangible benefits for people and our environment, which continues to be Logitech’s primary focus and motivation.
“We congratulate Logitech on being included in the Dow Jones Sustainability Index (DJSI) for Europe. A DJSI distinction is a reflection of being a sustainability leader in your industry. The record number of participating companies The S&P 2021 Global Corporate Sustainability Assessment is a testament to the growing movement for ESG disclosure and transparency, ”said Manjit Jus, Global Head of ESG Research, S&P Global.
Logitech has the ambition to positively impact sustainability in the consumer electronics industry and proactively takes an innovative approach to environmental and social sustainability. The company recently committed to taking a positive climate approach, addressing its carbon footprint across the entire value chain (Scope 1, 2 and 3) to achieve carbon neutrality this year, placing the company on the path to a positive climate beyond 2030 in order to capture more carbon than we create. Logitech is also the first consumer electronics company to commit to providing detailed carbon impact labeling on product packaging across its portfolio.
This year, Logitech officially became a signatory of the United Nations Global Compact (UNGC), accelerating action towards the goals of the Paris Agreement, ranked in Fast Company 2021’s top 5 most innovative companies for social responsibility of companies, and was recently ranked in the Forbes ranking. Global Best Women-Friendly Companies in 2021. Learn more about all of Logitech’s sustainability initiatives in the 2021 Sustainability Report or on the website.
Logitech helps everyone pursue their passions by designing experiences so that everyone can create, achieve, and enjoy more. Logitech designs and creates products that bring people together through computing, games, video, streaming and creation, and music. Logitech brands include Logitech, Logitech G, ASTRO Gaming, Streamlabs, Blue Microphones, Ultimate Ears, and Jaybird. Founded in 1981 and headquartered in Lausanne, Switzerland, Logitech International is a Swiss public company listed on the SIX Swiss Exchange (LOGN) and the Nasdaq Global Select Market (LOGI). Find Logitech at www.logitech.com, the company blog, or @Logitech.
Nicole Kenyon, Global Corporate and Employee Communications Manager – USA (510) 988-8553
Marie Perriard, Sustainable Development Communication Manager – United States [email protected]
Ben Starkie, Corporate Communications – Europe +41 (0) 79-292-3499
Source: Logitech International