Danone’s commitments and achievements regarding its sustainability priorities are externally assessed.
The Environmental, Social and Governance (ESG) ratings, which assess us on our overall sustainability strategy (MSCI, Vigeo-Eiris, Sustainalytics...), address mainly financial audience whereas thematic rankings, which assess us on specific topics such as nutrition and health issues (ATNI), climate change (CDP) or gender equality (Bloomberg Gender Equality Index), address a broader scope of stakeholders.
Today there are several ratings and rankings in which we take part, but we cannot actively participate in all of them. We have therefore prioritized our participation according to the following criteria:
- Their relevance in regard to our strategic priorities and commitments.
- The robustness of their approach and methodology as well as their expertise on the topics they deal with. They represent external proofpoints for the stakeholders they target.
- The efficient allocation of our resources which should not prevent us from focusing our efforts on our priorities and our performance.
- Their rating process which provide us with insights enabling us to improve our performance and strategic focus.
- The assessment of our main competitors and industry peers, allowing our stakeholders to compare and benchmark.
Since the latest evaluation of food and beverage sector’s companies by the extra-financial rating agency Vigeo-Eiris, as of September 2019, Danone was given the CSR (Corporate Social Responsibility) score of 72/100, achieving a sector-leading score (Vigeo Eiris' Global Food Universe), and is considered as an “advanced performer”. In addition, since their latest update in December 2019, Danone has been included in the ESI Excellence Europe, ESI Excellence Global, Euronext Vigeo Eiris Europe 120, Euronext Vigeo Eiris Eurozone 120, Euronext Vigeo Eiris France 20 and Euronext Vigeo World 120.
Danone remains a constituent of the FTSE4Good Index Series following the June 2019 index review.
FTSE Russell (the trading name of FTSE International Limited and Frank Russell Company) confirms that Danone has been independently assessed according to the FTSE4Good criteria, and has satisfied the requirements to become a constituent of the FTSE4Good Index Series. Created by the global index provider FTSE Russell, the FTSE4Good Index Series is designed to measure the performance of companies demonstrating strong Environmental, Social and Governance (ESG) practices. The FTSE4Good indices are used by a wide variety of market participants to create and assess responsible investment funds and other products.
In 2019, Danone has been recognized as a global environmental leader, becoming one of only 6 companies – among 8,400 organizations assessed – with a ‘triple A’ score by CDP, the international nonprofit charity that runs the global disclosure system allowing investors, companies, cities, states and regions to manage their environmental impacts.
Being included in these three prestigious lists is a great recognition of Danone’s environmental actions and progress towards its ambition of becoming carbon neutral, achieving zero deforestation in its supply chain and protecting water cycles. It also demonstrates the high degree of transparency of Danone’s reporting.
Danone is among the Top 3 performing companies.
On May 2018, the third edition of the Global Access to Nutrition Index (ATNI) was released by the Access to Nutrition Foundation (ATNF)*. This edition ranked Danone among the top 3 performing food companies. Danone is ranked first in the Breast-milk substitutes Marketing sub-ranking.
*The ATNI assesses major food and beverages companies on their nutrition-related performance every two years.
Danone is one of the 325 companies headquartered in 42 countries and regions across 11 sectors included in the 2020 Bloomberg Gender-Equality Index (GEI) which distinguishes companies committed to transparency in gender reporting and advancing women’s equality.
Bloomberg’s standardized reporting framework offers public companies the opportunity to disclose information on how they promote gender equality across five separate areas – female leadership and talent pipeline, equal pay and gender pay parity, inclusive culture, sexual harassment policies, and pro-women brand. Reporting companies that score above a globally-established threshold, based on the extent of disclosures and the achievement of best-in-class statistics and policies, are included in the GEI.
In 2019, Danone received a rating of AAA (on a scale of AAA-CCC) in the MSCI ESG Ratings assessment.
MSCI ESG Research provides MSCI ESG Ratings on global public and a few private companies on a scale of AAA (leader) to CCC (laggard), according to exposure to industry-specific ESG risks and the ability to manage those risks relative to peers.
THE USE BY DANONE OF ANY MSCI ESG RESEARCH LLC OR ITS AFFILIATES (“MSCI”) DATA, AND THE USE OF MSCI LOGOS, TRADEMARKS, SERVICE MARKS OR INDEX NAMES HEREIN, DO NOT CONSTITUTE A SPONSORSHIP, ENDORSEMENT, RECOMMENDATION, OR PROMOTION OF DANONE BY MSCI. MSCI SERVICES AND DATA ARE THE PROPERTY OF MSCI OR ITS INFORMATION PROVIDERS, AND ARE PROVIDED ‘AS-IS’ AND WITHOUT WARRANTY. MSCI NAMES AND LOGOS ARE TRADEMARKS OR SERVICE MARKS OF MSCI.
In June 2019, Danone was awarded with the “Prime” Status by the ISS ESG Corporate Rating, which evaluates companies’ Corporate Responsibility performance using a comprehensive and mainly industry specific approach.
Danone obtained a B- rating and was particularly well rated in terms of equal opportunities and non-discrimination, climate change strategy, energy and water efficiency, and community involvement. Danone positioned itself among the industry leaders.
In 2019, Danone was recognized by RobecoSAM and S&P Dow Jones Indices within the Dow Jones Sustainability Indices series - which each year selects the best performing companies based on criteria such as social and environmental responsibility, innovation and economic performance - as a benchmark company in the food and beverage sector, particularly in terms of climate strategy, packaging and water related risks. In 2019, Danone scored 75/100 for its previous year performance.
Since 2015, Danone has become a part of BBFAW (a Business Benchmark on Farm Animal Welfare).
In 2019, Danone was ranked in the Tier 2 of the Benchmark, recognizing the work done with our farmers to improve animal welfare practices.
Danone is also included in the Ethibel Index, which provides potential investors with an overview of companies that are leaders in sustainable development and corporate social responsibility.
Danone has been reconfirmed as a constituent of the Ethibel Sustainability Index (ESI) Excellence Europe and the Ethibel Sustainability Index (ESI) Excellence Global since 08/05/2020.