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    KESKOB   FI0009000202

KESKO OYJ

(KESKOB)
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Dow Jones ranks Kesko among the world's leading companies in sustainability

11/15/2021 | 05:46am EST

KESKO INVESTOR NEWS 15.11.2021 AT 12.45

Kesko has been included in the esteemed Dow Jones Sustainability Index, the DJSI World. Kesko's sustainability was assessed on criteria such as supply chain transparency and sustainable selections and personnel responsibility. New criteria this year included biodiversity and food waste.

"The Dow Jones Sustainability Indices are one of the key tools for investors to assess the ESG level of corporations. Sustainability and mitigating climate change are central to Kesko's strategy, and we are committed to corporate responsibility and sustainability actions with a long-term focus. Our aim is to reach carbon neutrality in K Group by 2025, and to cut emissions from our own operations and transports down to zero by 2030. We also encourage our suppliers, our entire supply chain, and our customers to reduce their emissions," says Riikka Joukio, Kesko's EVP of Sustainability and Public Affairs.

Top industry companies globally selected for the Dow Jones Sustainability Indices

The Dow Jones Sustainability Indices provide ESG investors an independent assessment of a company's sustainability goals and efforts.

Companies are selected for the indices based on an extensive, independent corporate sustainability assessment conducted by S&P Global. This year, more than 10,700 listed companies were invited to participate in the assessment. The top 10% of companies in each industry are selected for index inclusion in the DJSI World.

In the corporate sustainability assessment for Dow Jones, Kesko received the industry best overall scores, for example, in the areas of climate-related targets, eco-efficiency, emissions, packaging commitment, human rights assessment and codes of conduct.

Other Finnish companies included in the DJSI World this year were Neste, UPM-Kymmene, Valmet and Wärtsilä.

Besides Kesko, European grocery trade companies included in the index were Ahold Delhaize, Carrefour and Metro. In Asia, top companies were President Chain Store and CP All Public Company.

Further information:
Riikka Joukio, EVP, Sustainability and Public Affairs, Kesko, tel. +358 105 323 712, riikka.joukio@kesko.fi
K Group media desk (Mon-Fri 9-16), tel. +358 105 350 200, viestinta@kesko.fi

https://www.spglobal.com/esg/csa/

Kesko and K-retailers together form K Group, whose retail sales total €14 billion.
K Group is the third biggest retail operator in Northern Europe and it employs some 39,000 people. Kesko operates in the grocery trade, building and technical trade, and car trade. Its divisions and chains act in close cooperation with retailer entrepreneurs and other partners. Kesko's net sales total €11 billion and it employs approximately 18,000 people. Kesko has around 1,800 stores engaged in chain operations in Finland, Sweden, Norway, Estonia, Latvia, Lithuania and Poland. Kesko's shares are listed on Nasdaq Helsinki. The company's domicile and main premises are located in Helsinki. Kesko is the world's most sustainable grocery trade sector company (The Global 100 Most Sustainable Corporations in the World). www.kesko.fi

https://news.cision.com/k-ryhma/r/dow-jones-ranks-kesko-among-the-world-s-leading-companies-in-sustainability,c3453849

(c) 2021 Cision. All rights reserved., source Press Releases - English

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Sales 2021 11 199 M 12 678 M 12 678 M
Net income 2021 557 M 630 M 630 M
Net Debt 2021 2 190 M 2 479 M 2 479 M
P/E ratio 2021 19,3x
Yield 2021 3,27%
Capitalization 10 429 M 11 828 M 11 807 M
EV / Sales 2021 1,13x
EV / Sales 2022 1,10x
Nbr of Employees 17 407
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Last Close Price 27,02 €
Average target price 26,93 €
Spread / Average Target -0,32%
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Managers and Directors
Mikko Matias Helander President & Chief Executive Officer
Jukka Henrik Erlund Chief Financial Officer & Executive Vice President
Esa Mikael Kiiskinen Chairman
Arto Hiltunen Chief Information Officer & Vice President
Jannica Charlotta Fagerholm Independent Non-Executive Director
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