MOL has kept its position and remained a leader in sustainability in Central Europe: the company has been included every year in the Dow Jones Sustainability Index (DJSI) since 2016, in the Upstream & Integrated Oil & Gas category.
2020 is the fifth consecutive year that MOL has been recognised for its corporate sustainability leadership and made it into the DJSI. The company was already listed in the Dow Jones Index between 2010 and 2011 and after a five-year absence, MOL has made it in every single year.
Following the annual sustainability assessment, MOL continued to improve its scores compared to previous years and is ranked in the top 10 of Upstream & Integrated Oil & Gas companies worldwide, based on sustainability performance.
“We are very proud that our sustainability efforts have once again been recognized by inclusion into the prestigious Dow Jones Sustainability World Index,” said József Simola, MOL Group Chief Financial Officer. “It is reassuring to see that in an increasingly competitive environment we were able to further improve our performance across multiple elements. DJSI inclusion is an important accomplishment, but more than that, it is also a reflection of the efforts of all our employees and partners as we all work hard to transform MOL Group as we transition to a low-carbon world.”
The DJSI are float-adjusted market capitalisation weighted indices that measure the performance of companies selected with environmental, social and governance (ESG) criteria. The DJSI is based on a rigorous analysis of a company’s sustainability performance, hence membership in the DJSI is restricted to corporations judged to be best-in-class.
MOL remains one of the leaders in sustainability in CEE being the only company from the region included in the index, a benchmark for the other members of the Upstream & Integrated Oil & Gas market in Central Europe.