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OXFORD 4 February 2008. Electrocomponents plc was recently recognised on the fourth Global 100 list of the most sustainable corporations in the world at the World Economic Forum in Davos on Thursday, January 24, 2008.
Initiated by Corporate Knights Inc., with Innovest as the exclusive research provider, The Global 100 includes companies from 16 countries in sectors ranging from Oil and Gas to Wireless Telecommunication Services. Companies are evaluated according to how effectively they manage environmental, social and governance risks and opportunities, relative to their industry peers. This year, the UK accounted for the most constituents, at 24, plus two that are jointly headquartered in the UK.
“Management of environmental and sustainability issues is an integral part of our company’s strategy and approach to Corporate Responsibility and good governance. As the only distributor on the list, we appreciate the recognition for our management of the wider environmental impacts of our business and our commitment to reducing them” explains Ian Mason, Group Chief Executive of Electrocomponents plc.
With increased scrutiny on corporate social responsibility management by investors, the admission of Electrocomponents plc puts its in good company. The live three year performance of the Global 100, as a group, outperforms the MSCI World Index benchmark by over 700 basis points per year and the Dow Jones Titans Index by 900 basis points per year. Additionally, Electrocomponents is a member of the FTSE4Good index and we participate in the Carbon Disclosure Project.
About Electrocomponents
Electrocomponents plc is one of the largest global catalogue and web-based distributor of electronic, electro-mechanical and industrial components.
Operating under the trading brands of RS Components, Radiospares, Radionics and Allied Electronics in the U.S., the Group serves nearly 1.5 million customers worldwide. Through operations in 27 countries, a distribution network extending to over 150 countries and 19 warehouses, RS distributes over 500,000 products from 2,300 suppliers.
The Group has an annual turnover of over £800 million and is listed on the London Stock Exchange.
For more details on the Group please visit the corporate website (www.electrocomponents.com).
