Norway’s Oslo Stock Exchange recently introduced the latest ESG index, which is comprised of 40 blue-chip companies listed in Norway that demonstrate best Environmental, Social and Governance (ESG) practices. The index will provide reference for ESG investment in the capital market. Elkem was included in the index for its excellent performance in green, low-carbon and sustainable development.
ESG is an investment philosophy and enterprise evaluation criterion that focuses on corporate environment, society and corporate governance performance rather than financial performance. In addition, ESG is also a composite indicator that measures an enterprise’s real endogenous capacity for sustainable operation. In recent years, more and more institutional investors have incorporated ESG factors in their investment decisions.
As a world-leading provider of advanced silica-based materials, Elkem considers ESG an important part of its strategy. By providing its customers with advanced material solutions, Elkem actively fulfills its responsibilities for green development, addresses climate change and promotes green transformation in the industry.
The inclusion of Elkem in the ESG index further demonstrates Elkem’s commitment to customers, society and the environment and shows that Elkem is highly recognized in the capital market from the aspect of sustainable development.