New Zealand energy company recognised in global sustainability index
Contact Energy Limited (Contact) has joined the Dow Jones Sustainability™ Asia Pacific Index (DJSI Asia-Pacific) for the first time, reflecting significant strides forward under its ESG-led Contact26 strategy. Contact is the only new inclusion from New Zealand this year and has achieved the second highest ranking of any New Zealand company.
DJSI is the longest running and most prestigious global benchmark for corporate sustainability and is based on an analysis of environmental, social and governance (ESG) performance. It assesses issues such as risk management, branding, corporate governance, climate change mitigation, supply chain standards and labour practices. By entering the DJSI Asia-Pacific, Contact joins the top 20% of the 600 largest companies in the Asia-Pacific developed region.
“As leaders in sustainability, we are delighted with this result, which reflects the positive difference we’re making for all our stakeholders. We continue to deliver on our Contact26 strategy which aims to build a better Aotearoa New Zealand by leading the country’s decarbonisation,” says CEO Mike Fuge.
“We are focused on our pillars to grow demand for renewable electricity, develop new, flexible renewable electricity generation, decarbonise our portfolio and create outstanding customer experiences. Underpinning this is our commitment to strong environmental, social and governance practices.
“As a company we are an integral part of daily life in New Zealand and we’re acutely aware that our every action, good and bad, has a marked impact on the wellbeing of our communities - today and in the future.
“When you look at our trajectory, and see the pace at which we are moving, with our ESG score increasing nearly fourfold in the last five years, the results are testament to the degree of focus and commitment our Contact team has.
“Our strategy on decarbonisation ensures we are part of New Zealand’s transition solution, that we have proven impact, and as leaders in our field, we will continue to do so.”
About DJSI Asia Pacific
The Dow Jones Sustainability Asia Pacific Index tracks the performance of the top 20% of the 600 largest Australian, Hong Kong, Japanese, Korean, New Zealand and Singaporean companies in the S&P Global Broad Market Index that lead the field in terms of sustainability.
About Contact
Contact Energy is one of New Zealand’s largest energy retailer and generators. We generated 8.3 terawatt hours of electricity from hydro, geothermal and gas in the last financial year and have over 550,000 customers with electricity, gas and broadband connections. Our vision is to build a better Aotearoa New Zealand by leading New Zealand’s decarbonisation journey.
Investor enquiries
Shelley Hollingsworth
Investor Relations and Strategy Manager
+64 27 227 2429
shelley.hollingsworth@contactenergy.co.nz
Media enquiries
Louise Wright
Head of Communications and Reputation
+64 21 840 313
louise.wright@contactenergy.co.nz