NortonLifeLock Named to Dow Jones Sustainability Indices
17 November 2020 - 1:00AM
Business Wire
NortonLifeLock Ranks in the 95thPercentile of
the Software Category
NortonLifeLock (NASDAQ: NLOK), a global leader in consumer Cyber
Safety, today announced its inclusion on the Dow Jones
Sustainability Indices (DJSI), one of the world’s leading
environmental, social, and governance (ESG) benchmarks.
NortonLifeLock earned a sustainability score of 55 and ranks in the
95th percentile in the software category.
“NortonLifeLock’s position as a global leader depends not only
on our technology, but also on our values as an ethical company
that operates with integrity and accountability,” said Vincent
Pilette, CEO of NortonLifeLock. “We are honored – in just our first
year as a standalone consumer company – to be named to the 2020 Dow
Jones Sustainability World and North America Indices and remain
committed to building a sustainable, diverse and safe world.”
DSJI, one of the leading benchmarks for ESG performance,
underscores NortonLifeLock’s ranking in the top 10% of the largest
2,500 companies in the S&P Global Broad Market Index practicing
long-term economic, environmental, and social criteria compiled
from SAM’s Corporate Sustainability Assessment (CSA). The annual
evaluation recognizes the company for global sustainability
practices, comparing 61 varied industries on both financial and
industry-specific criteria, against ESG factors.
In this year’s analysis, NortonLifeLock ranked especially high
for the following factors: Risk and crisis management, information
security/cybersecurity and system availability, and human capital
development.
Highlights of NortonLifeLock’s performance across ESG areas
include:
- Giving back to communities: NortonLifeLock team members
provided over 18,000 hours of volunteer service, including Cyber
Safety trainings to communities around the world.
- Increasing nonprofit access to technology:
NortonLifeLock product donations, with a retail value of nearly $11
million, helped nearly 15,000 nonprofits and public libraries keep
their devices and data secure.
- Working towards clean energy: 24% of the energy used in
FY20 was from renewable sources.
- Reducing packaging: 32% of all NortonLifeLock products
are currently made with and packaged in Forest Stewardship Council
(FSC) certified paper.
- Driving diversity: Globally, NortonLifeLock’s workforce
and annual pay equity review showed that the company’s pay ratios
are equitable across all workforce levels with 31% of its global
workforce including women.
“We congratulate NortonLifeLock for being included in the DJSI,”
said Manjit Jus, Global Head of ESG Research and Data, S&P
Global “A DJSI distinction is a reflection of being a
sustainability leader in your industry. With a record number of
companies participating in the 2020 Corporate Sustainability
Assessment and more stringent rules for inclusion this year, this
sets your company apart and rewards your continued commitment to
people and planet."
NortonLifeLock recently released its inaugural corporate
responsibility objectives in its 2020 Corporate Responsibility
Report, aligning to the company’s new and more focused business,
current business priorities and company values.
About NortonLifeLock Inc.
NortonLifeLock Inc. (NASDAQ: NLOK) is a global leader in
consumer Cyber Safety. NortonLifeLock is dedicated to helping
secure the devices, identities, online privacy, and home and family
needs of approximately 50 million consumers, providing them with a
trusted ally in a complex digital world. For more information,
please visit www.nortonlifelock.com.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20201116005393/en/
Media Contact Spring Harris NortonLifeLock Inc.
Press@NortonLifeLock.com Investor Contact Mary Lai NortonLifeLock
Inc. IR@NortonLifeLock.com
NortonLifeLock (NASDAQ:NLOK)
Historical Stock Chart
From Apr 2024 to May 2024
NortonLifeLock (NASDAQ:NLOK)
Historical Stock Chart
From May 2023 to May 2024