- January 21th, 2021
Viña Concha y Toro is included in new Dow Jones index
Santiago Stock Exchange and S&P Dow Jones Indices launched the S&P IPSA ESG Tilted Index that measures environmental, social and corporate governance criteria, which highlights the company among 25 other Chilean companies.
S&P Dow Jones Indices, the world’s leading index provider, and the Santiago Stock Exchange, recently launched the S&P IPSA ESG Tilted Index, which seeks to measure the performance of some of the largest shares and liquidity in environmental, social and corporate governance criteria (ESG).
At the time of the launch of this index, Viña Concha y Toro was featured alongside 25 other Chilean companies. ‘As Viña Concha y Toro we are proud to be in this new S&P Dow Jones index, as it recognises our commitment to Sustainability, community relations and corporate governance. As a company we are convinced that the challenge of growth must be approached in a responsible and balanced way, with all dimensions of Sustainability moving forward together. It is very gratifying to see that the efforts that the company has made over the years, today are visible in scale indices as relevant as Dow Jones,’ said Valentina Lira, the company’s Sustainable Development Manager.
Since 2015, Viña Concha y Toro has formed part of the Dow Jones Sustainability Chile Index (DJSI Chile), the country’s leading sustainability index developed by the New York Stock Exchange and S&P Dow Jones Indices, since 2019. This is a global sustainability indicator in which only the leading companies in each sector are asked to participate. Due to its market capitalization, Viña Concha y Toro was invited to form part of the DJSI MILA and DJSI Chile indices, and is the only wine company in Chile and globally to participate in this category, which is highly competitive and one of the industries with the highest performance in the evaluation.
‘This new index will help investors to position the ESG principles at the heart of their investment portfolios with the aim of achieving performance that largely coincides with the Chilean securities market,’ said Reid Steadman, Managing Director and Global of S&P DJI ESG Indices.