The 2010 editions of the Dow Jones Sustainability Indexes (DJSI) were published on 9th September 2010, and Provident Financial has again been included in the Dow Jones Sustainability World Index (DJSI World) and Dow Jones STOXX Sustainability Europe Index (DJSI Europe, formerly the Dow Jones STOXX Sustainability Index) for the sixth year running. Provident achieved an overall score of 59% - 21% higher than the average score of other companies from the financial services sector.
The DJSI World index includes the top 10% of the world’s largest 2500 companies in terms of combining financial profitability with awareness and management of social, environmental and ethical issues. DJSI Europe captures the top 20% in terms of sustainability of the biggest 600 companies in Europe, and Provident’s inclusion indicates that it is at the leading edge of sustainable development issues in Europe.
Rob Lawson, Corporate Responsibility Manager at Provident Financial, commented:
“Being included in these indexes for the past six years indicates that we are doing the right things and are continuing to deliver a corporate responsibility programme that addresses the issues that are material to our activities. Our presence on the indexes also underlines our commitment to sharing information about our CR programme with investors and other stakeholder groups, and provides demonstrable evidence of the measures we have taken to ensure that we operate in a responsible and sustainable way”.
Notes to editors:
Provident Financial
Established in Bradford in 1880, Provident Financial is one of the UK’s leading suppliers of personal credit products to the non-standard lending market. Provident employs 3,600 people nationwide who serve over 2 million customers throughout the UK and Ireland. The largest part of the Provident Financial group is the Consumer Credit Division, which offers home credit loans through a network of 11,700 local, Customer Experience Managers. The other division is Vanquis Bank, which is a credit card provider.
Our approach to managing corporate responsibility is at the heart of our mission ‘to be the leading non-standard lender in the UK, acting responsibly in all our relationships and playing a positive role in the communities we serve’. For more information on Provident Financial and our approach to corporate responsibility, visit www.providentfinancial.com
Provident Personal Credit, a subsidiary of Provident Financial, specialise in short term loans from £50 – £500.
The DJSI
Launched in 1999, the DJSI track the financial performance of the world’s leading companies in terms of corporate sustainability performance. The indexes use a ‘best in class’ approach designed to identify best practice across the economic, social and environmental dimensions of corporate sustainability performance.
For more information on the DJSI please visit: www.sustainability-indexes.com