Herman Miller Selected for SAM "Sustainability Yearbook 2011"
April 04, 2011
The Sustainable Asset Management (SAM) group has selected Herman Miller, Inc., for inclusion in "The Sustainability Yearbook 2011" and has awarded Herman Miller both the "SAM Sector Leader" and "SAM Sector Mover" distinctions. The Sustainability Yearbook provides an overview of the results of the 12th SAM Corporate Sustainability Assessment (CSA). Only the top-scoring 15% of participating companies, with a minimum score of at least 60% of the score of the SAM Sector Leader in each of the 58 sectors assessed, are eligible for inclusion in The Sustainability Yearbook.
Each year, the world's largest 2,500 companies in terms of free float market capitalization from all sectors, as reflected in the Dow Jones Global Total Stock Market Index, are invited to participate in SAM's Corporate Sustainability Assessment (CSA). The CSA consists of an in-depth analysis featuring about 100 questions on economic, environmental and social issues with a focus on companies' long-term value creation. The SAM CSA is the primary tool for identifying companies that are better equipped to identify and respond to emerging opportunities and risks presented by global trends.
SAM looks for evidence of companies' awareness of sustainability issues and for indications that they have implemented strategies to address these issues. SAM also looks at a company's progress in implementing such strategies and the quality of reporting on these issues. Therefore, the CSA questions are structured to focus on the following elements: policies and processes, implementation through appropriate management systems, monitoring, performance indicators, and reporting practices.
Founded in 1995 as an independent asset management company, SAM is an investment group focused exclusively on Sustainable Investing. The firm's offering comprises asset management, indexes, and private equity. Its asset management capabilities include a range of single-theme, multi-theme, and core sustainability investment strategies catering to institutional asset owners and financial intermediaries in Europe, the United States, Asia-Pacific, and the Middle East. Through its index activities, SAM has partnered with Dow Jones Indexes and STOXX Limited for the publication and licensing of the globally recognized Dow Jones Sustainability Indexes (DJSI) as well as customized sustainability benchmarks.
About Herman Miller, Inc.
Herman Miller works for a better world around you—with inventive designs, technologies and related services that improve the human experience wherever people work, heal, learn, and live. Its curiosity, ingenuity, and design excellence create award-winning products and services, resulting in more than $1.3 billion in revenue in fiscal 2010. Innovative business practices and a commitment to social responsibility have also established Herman Miller as a recognized global company. In 2011, Herman Miller again received the Human Rights Council (HRC) Foundation's top rating in its annual Corporate Equality Index and was also cited by FORTUNE as the "Most Admired" company in the contract furniture industry. Herman Miller trades on the NASDAQ Global Select Market under the symbol MLHR.