General Motors has received yet another nod for its achievements in environmental sustainability.
The company yesterday was named to the Dow Jones Sustainability Index, one of the leading benchmarks of corporate sustainability, according to GM.
While GM was the only automaker in North America to make the list, Volkswagen AG led the Automobile & Components industry group category as a whole.
First launched in 1999, the Dow Jones Sustainability Indices (DJSI) assesses corporations for performance in dealing with opportunities and risks deriving from economic, environmental and social developments.
This year, more than 1,800 companies were assessed.
The General received top marks in climate strategy and operational eco-efficiency, and a perfect score in environmental policy and management. The company actually generated an extra $2.5 billion in revenue through its sustainability efforts from 2007-2010 and today reels in about $1-billion in reuse and recycling revenue annually.
“We’re on a mission to transform transportation, from designing more efficient vehicles to redefining how they’re built to reduce environmental impact,” said Greg Martin, executive director of Global Public Policy at GM. “These efforts allow us to deliver top-line vehicles to customers and bottom-line benefits to investors.”