• 2024-12-23
  • SMU

SMU selected for the Dow Jones Sustainability Index Chile and Dow Jones Sustainability Index MILA

SMU S.A. was selected for the Dow Jones Sustainability Indices (DJSI) Chile and MILA (Latin American Integrated Market), marking a meaningful recognition of its sustainable development strategy.

The Dow Jones Sustainability Indices are globally recognized and aim to evaluate and identify companies with strong performance in the economic and governance, environmental, and social dimensions. The assessment system is based on a “best-in-class” methodology, which rates the topperforming companies in their respective industries, considering the results of the S&P Corporate Sustainability Assessment.

For SMU, which belongs to the food and staples retailing industry, the evaluation considers 24 criteria and 116 sub-criteria across the economic and governance, environmental, and social dimensions. In the 2024 version of the assessment, the Company achieved a score of 68/100, an improvement of six points compared to the previous year, positioning itself in the 97th percentile of its industry. With this result, SMU ranks first in the industry in Chile; second in Latin America, and eighth globally.

“Qualifying for the Dow Jones Sustainability Index is an achievement that serves as recognition of our sustainable management,” stated Marcelo Gálvez, chief executive officer of SMU. “Since we first participated in the Corporate Sustainability Assessment in 2019, we have achieved significant improvements in our score every year, reflecting the implementation of our Corporate Sustainability Model. With this year’s results, we are proud to be among the top 3% of companies worldwide in our industry".

SMU improved its results in each of the three assessed dimensions, positioning itself in the 98th percentile in economic and governance; the 97th percentile in social; and the 90th percentile in environmental. Regarding specific criteria, the Company’s performance stood out in risk management, labor practices, human rights, and environmental management, among others.

“When we look at the criteria considered in this evaluation, we can see that our strategic focus areas are aligned with the industry’s best practices. Having a committed and sustainable organization is one of the central pillars of our strategy for 2023-2025, and as a company, we have set ambitious goals to continue enhancing our sustainable performance", concluded Mr. Gálvez.