ROCKWOOL Group a first-mover using S&P Global’s Trucost SDG Evaluation Tool

May 11, 2018

ROCKWOOL Group is among the inaugural companies utilising leading-edge evaluation tool to identify business risks and opportunities aligned with the United Nations Sustainable Development Goals (SDGs).

At ROCKWOOL Group, we are in the privileged position of creating a more positive impact on the planet by selling more of our products. We nonetheless need to continue working hard to produce even better products and leaving a smaller environmental footprint in the process. That’s why we prioritise the 10 SDGs that are most strategically aligned with our business competencies and where we can have the greatest impact.

The Trucost SDG Evaluation Tool will provide ROCKWOOL Group with data-led insights to better understand our quantitative performance against the SDGs as well as help guide our efforts to achieve the greatest possible impact.

An update on our work with the 10 SDGs will be published in the ROCKWOOL Group’s annual sustainability report on 18 May.

ROCKWOOL Group is participating in the inaugural application of the tool together with other companies including Aguas Andinas, Advanced Micro Devices (AMD), Arm, Hewlett Packard (HP), Iberdrola, Ingersoll Rand, Ørsted, S&P Global, and Tarkett.

An external stakeholder advisory panel representing investment professionals, interest groups and academics consist of American Chemistry Council, APG, Calvert Research and Management, Impax Asset Management LLC/Pax World Funds, London School of Economics, Nordic Investment Bank, PGGM, S&P Dow Jones Indices, UN Global Compact, and World Business Council for Sustainable Development.

About Trucost and S&P Dow Jones Indices

Trucost is part of S&P Dow Jones Indices, a division of S&P Global. A leader in carbon and environmental data and risk analysis, Trucost assesses risks relating to climate change, natural resource constraints, and broader environmental, social, and governance factors. Companies and financial institutions use Trucost intelligence to understand their ESG exposure to these factors, inform resilience and identify transformative solutions for a more sustainable global economy. S&P Global’s commitment to environmental analysis and product innovation allows us to deliver essential ESG investment-related information to the global marketplace. For more information, visit www.trucost.com.

S&P Dow Jones Indices is the largest global resource for essential index-based concepts, data and research, and home to iconic financial market indicators, such as the S&P 500® and the Dow Jones Industrial Average®. More assets are invested in products based on our indices than products based on indices from any other provider in the world. Since Charles Dow invented the first index in 1884, S&P Dow Jones Indices has been innovating and developing indices across the spectrum of asset classes helping to define the way investors measure and trade the markets.

S&P Dow Jones Indices is a division of S&P Global (NYSE: SPGI), which provides essential intelligence for individuals, companies, and governments to make decisions with confidence. For more information, visit www.spdji.com.

Read more on how ROCKWOOL Group contributes to meeting 10 of the 17 SDGs