Herman Miller Lands On DJSI

September 23, 2004
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ZEELAND — Herman Miller has been named to the 2004-2005 Dow Jones Sustainability World Index (DJSI), an international stock portfolio that evaluates corporate performance using economic, environmental, and social criteria, the so-called “triple bottom line” of sustainability.

This year’s DJSI includes more than 300 companies representing 60 industries from 24 countries. Other “Best in Class” U.S. corporations on the list include General Electric, Motorola, and Procter & Gamble.

Herman Miller remains the only U.S. home and office furniture manufacturer to appear on the Dow Jones Sustainability World Index since its inception in 1999.

The DJSI tracks the financial performance of the world’s leading sustainable-driven companies, providing asset managers with reliable and objective benchmarks to manage their sustainability-focused portfolios.

Companies are selected for the DJSI based on a thorough assessment of general and industry-specific sustainability criteria including corporate governance, environmental performance and labor practices. The analysis is verified by an external auditor.

“I’m really pleased to be part of a company that’s been recognized by one of the world’s most comprehensive reviews of sustainable business practices,” said Paul Murray, Herman Miller’s environmental affairs manager. “The DJSI listing not only acknowledges the long-term commitment to sustainability that our leadership has made, but the day-to-day efforts of employees throughout our organization, as well.”

This year’s selection was effective Sept. 20. Herman Miller is the only company in the Furniture and Appliances Industrial group to be included in the index. Whirlpool was identified as the “best of the rest” in the industrial group and is an on-deck position should Herman Miller be removed during the year.         

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