J.C. Penney Recognized for Sustainability Efforts
17220 Thu, 10/22/2009 - 12:40pm
PLANO, Texas–J.C. Penney’s sustainability efforts have been acknowledged by both the Dow Jones Sustainability Index (DJSI) and Newsweek. DJSI North America included the retailer on its 2009 index, which includes the top 20 percent of the 600 largest companies in North America for corporate sustainability. In addition, J.C. Penney placed No. 44 in Newsweek’s inaugural Green Rankings, which selected the 500 “Greenest Big Companies in America.”
“Being named to the Dow Jones Sustainability Index and included in Newsweek’s first Green Rankings is welcome recognition for the work being done by our associates across the company to incorporate sustainable practices into our business,” said Mike Ullman, chairman and chief executive officer. “Operating in an environmentally and socially responsible manner benefits our business, our customers and our communities, and it’s integral to achieving our goal to become America’s preferred place to shop.”
The retailer’s green initiatives build on its corporate social responsibility platform, called J.C. Penney C.A.R.E.S., which address the five areas of community, associates, responsible sourcing, environment and sustainable products.