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Kraft Foods has been named to the Dow Jones Sustainability Index for the sixth year in a row on the North America Index and fifth year running on the World Index, an honor that recognizes the company’s economic, environmental and social performance.
Kraft achieved the food industry’s leading scores in operational eco-efficiency for a third year in a row, and this year had leading scores in innovation management, codes of conduct and compliance, and corporate citizenship and philanthropy.
“Making the index for the sixth straight year is a fantastic accomplishment and is evidence that all our employees are contributing to our success,” said Steve Yucknut, Kraft VP of sustainability. “Business teams and functions around the world have fostered empowerment at the grass roots level, which is transforming behaviors and delivering change. And it is this focus, support and enthusiasm that will take us even farther.”
Kraft reports making steady progress against its aggressive 2011 sustainability goals, using 2005 as a base year and measured against total production:
- 174 million pounds of packaging material eliminated
- 15 percent reduction in plant energy use (towards a goal of 25 percent)
- 17 percent reduction in plant energy-related carbon dioxide emissions (towards a goal of 25 percent)
- 32 percent reduction in plant water consumption (exceeding 15 percent goal two years early)
- 30 percent reduction in plant waste (doubling goal of 15 percent two years early)
For more information, see Kraft’s responsibility report .
Launched in 1999, the Dow Jones Sustainability Indexes are the first global stock indexes tracking financial performance of leading sustainability-driven companies.
Northfield, Ill.-based Kraft Foods is the world’s second largest food company, with a portfolio including brands such as Oreo, Nabisco, Cadbury, Trident, Maxwell House and Oscar Mayer.