Tuesday, January 10, 2023

For the second straight year, Salmones Camanchaca is one of the most sustainable companies in the Pacific Alliance

A new version of the Dow Jones Sustainability Index (DJSI) has been launched to assess the different dimensions of sustainable corporate performance. The MILA Pacific Alliance version of the index examines 68 companies rated as Best In Class to analyse their environmental risk and opportunity levels based on ESG (Environmental, Social and Corporate Governance) criteria. In 2022, Salmones Camanchaca is part of the best-performing group for the second consecutive year and first in the Chilean food, beverage and tobacco category.

The index, which includes companies in the Chilean, Colombian, Mexican and Peruvian markets, awarded the company 72 points this year, eight points higher than last year and 33 points above its 2020 score. The new score places it in the 97th percentile this period (vs. 92 in 2021). This improvement ranks the company above the industry average in the Environmental, Social, Governance and Economic assessments.

"The circumstances of today's world demand an industry with more sustainable practices. More than just a challenge, we have the obligation to steer our corporate culture in that direction. Salmon farming is, in essence, a renewable activity. As a very healthy protein, it has the potential to contribute to people's nutrition and well-being. The results of this index encourage us to continue improving our processes to add value for current generations without compromising the needs of future generations," said Vice President of Salmones Camanchaca Ricardo García.

The Dow Jones MILA Pacific Alliance includes 27 other Chilean companies in the financial, food and commodity retail, construction, energy, real estate, retail, technology services, telecommunication and utility industries. 

S&P Global, the international company in charge of the index, selected the most relevant criteria from each ESG sustainability dimension according to their current importance for the industry. These include management and innovation and supply chain management, which were the criteria in which Salmones Camanchaca came closest to industry-best scores, with 96 out of 100 points for the former and 81 out of 99 in the latter.

For more information about Salmones Camanchaca visit the website, HERE.


The Aquaculturists

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