Platinum Plus Ranking
We are proud to announce that in the Maala Index, published this morning, Strauss Group achieved Platinum+ ranking for Corporate Responsibility management.
This is the highest possible ranking with only four publicly-traded companies, including Strauss, attaining it. Strauss is the only Food & Beverage company to be included in the Platinum ranking.
In the ranking published today, Strauss achieved a Platinum+ ranking (an absolute 90+ mark) with a weighted 92% mark compared to a 75% average mark of all ranked companies. This accomplishment reflects our ongoing responsibility, investment in and commitment to responsible business practices across the Group
A particularly significant improvement was recorded in CR management and in social-environmental reporting. This is attributed, in part, to the establishment of a designated website that reports in detail on our day-to-day CR activities.
Corporate Responsibility has long become an integral part of our business activity and our organizational culture at Strauss. We set a goal of leading this field, and have worked this year to improve our performance in the core issues we impact under our business, social, economic and environmental activity.
With 85 participating companies, the Maala Index ranks Israeli businesses according to their level of CR management. This ranking enables leading companies in the Israeli economy to examine and rank their CR performance, and be listed in the Maala Index and Maala Ranking in the Israel Securities Authority.
The ranking is based on detailed criteria in six major areas of corporate responsibility: environment, business ethics, human rights and work environment, corporate governance, community involvement, social and environmental reporting.