Benchmarking our Performance

To create real value for all our stakeholders, we are committed to improving the quality and quantity of data we use to report. This requires benchmarking our performance against other companies in the chemicals sector and sharing our findings.

The DJSI is widely recognised as the leading reference point in the growing field of sustainability investing due to the robustness of the assessment process. Since 2010 IPL has been included in the Dow Jones Sustainability Indices (DJSI) and our performance is benchmarked against peers in the global ‘Chemicals’ sector. 

FTSE Group confirms that IPL has been independently assessed according to the FTSE4Good criteria, and has satisfied the requirements to remain a constituent of the FTSE4Good Index Series in 2018. Created by the global index company FTSE Group, FTSE4Good is an equity index series that is designed to facilitate investment in companies that meet globally recognised corporate responsibility standards. Companies in the FTSE4Good Index Series have met stringent environmental, social and governance criteria, and are positioned to capitalise on the benefits of responsible business practice.

EcoVadis assists companies in improving environmental and social practices by leveraging the influence of global supply chains. It operates the first collaborative platform that enables companies to monitor the Sustainability performance of their suppliers, across 150 sectors and 99 countries.  Through participation, EcoVadis reliable ratings allow companies to manage risks and drive eco-innovations in their global supply chains. IPL was awarded a Bronze EcoVadis Rating in 2017, and completes the survey biennially.

The Bloomberg Gender Equality Index (GEI) standardised reporting framework offers public companies the opportunity to disclose information on how they promote gender equality across four separate areas – company statistics, policies, community engagement and products and services. Reporting companies that score above a globally-established threshold, based on the extent of disclosures and the achievement of best-in-class statistics and policies, are included in the GEI. Based on our 2018 reporting, IPL has been selected for the 2019 Bloomberg Gender-Equality Index.

Carbon Disclosure Project For over a decade CDP has worked with companies to catalyse action towards a more sustainable world. This is a world with significant opportunities for business.  Companies that measure their environmental risk are better able to manage it strategically. And those that are transparent and disclose this information are providing decision makers with access to a critical source of global data that delivers the evidence and insight required to drive action. Our most recent CDP report, for the 2017 IPL financial year, can be downloaded here.  

CDP is also working to catalyse action on corporate water stewardship to safeguard water resources and address the global water crisis - one of the most significant challenges facing the global economy. Through participation in CDP’s water questionnaire, IPL provides investors with access to material data, consistently reported, on assessment and actions that lead to more responsible use of freshwater resources. Importantly, participation in CDP’s water program will help ensure the right to water for current and future generations. As part of this reporting project, IPL uses the World Business Council for Sustainable Development Global Water Tool to assess our global water use and discharge.