Who or What is SAM?
SAM is an acronym, that stands for Sustainable Asset Management, while CSR stands for Corporate Social Responsibility.
Sustainability, was once only a core value and concern for a few niche companies.
As few as 500 companies, back in 1999, filed sustainability reports. Today, that number has grown to about 3,500 companies, that file sustainability reports. Concern for the environment and sustainability, have gone mainstream and become a core value of the corporate sector. Therefore, there is a reward, known as the SAM Sector Mover award, and this years winner is Bombardier.
SAM- Bombardier receives award
MONTREAL, QUEBEC–(Marketwire – Feb. 2, 2012) – Following its fifth consecutive listing as an index component on both the Dow Jones Sustainability World and the Dow Jones Sustainability North America Indexes, Bombardier (TSX:BBD.A)(TSX:BBD.B) was awarded SAM Sector Mover, and SAM Gold Class in this year’s SAM Sustainability Yearbook 2012.
As the SAM Sector Mover, Bombardier ranks within the top 15% of its sector, Aerospace & Defense, and has achieved the largest proportional improvement in its sustainability performance over last year. Additionally, Bombardier received the SAM Gold Class award, ranking within 1% of the Sector Leader’s score.
“These awards represent international recognition of our sustainability practices, and are a testament to our performance over the past year. These results are a significant achievement in CSR ( corporate social responsibility) at Bombardier and our commitment to continue moving forward responsibly,” said Mr. Daniel Desjardins, Senior Vice President, General Counsel and Corporate Social Responsibility Committee Chairman, Bombardier Inc.
SAM – documenting and assessing sustainability performance since 1999
Sustainable Asset Management (SAM), provides benchmark indicators of sustainability. SAM has been assessing and documenting the sustainability performance of over 2,000 corporations on a yearly basis since 1999, and currently holds one of the largest global databases on corporate sustainability.
The world’s 2,500 largest companies (based on the Dow Jones Global Total Stock Market Index) are invited to participate in SAM’s Corporate Sustainability Assessment every year. The survey results determine inclusion in the Dow Jones Sustainability Indexes. Only the top 15%, from each of the 58 SAM sectors, qualify for inclusion in the Sustainability Yearbook.
The Corporate Sustainability Assessment evaluates criteria within the Economic Dimension, the Environmental Dimension and the Social Dimension. SAM assessed 19 of the total 31 companies within the Aerospace and Defense sector.
For more information about CSR at Bombardier, visit their dedicated website www.csr.bombardier.com For more information about the SAM Sustainability Yearbook 2012, visit: http://www.sam-group.com/int/sustainability-insight/the-sustainability-yearbook.jsp
A world-leading manufacturer of innovative transportation solutions, from commercial aircraft and business jets to rail transportation equipment, systems and services, Bombardier Inc. is a global corporation headquartered in Canada. Its revenues for the fiscal year ended January 31, 2011, were $17.9 billion, and its shares are traded on the Toronto Stock Exchange (BBD). Bombardier is listed as an index component to the Dow Jones Sustainability World and North America indexes. News and information are available at www.bombardier.com or follow them on Twitter @Bombardier. With major corporations stepping up and practicing SAM- sustainable asset management, we are all working toward a better tomorrow!