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Contact tops NZ companies in leading sustainability index

ESG11 December 2023CENUtilities

Contact Energy Limited Level 2 Harbour City Tower, 29 Brandon Street, Wellington 6011 | PO Box 10742, Wellington 6143
P: +64 4 499 4001 | W: contactenergy.co.nz


Tuesday 12 December 2023


Contact tops NZ companies in leading

sustainability index

Contact Energy (Contact) has scored the highest of five New Zealand companies included in

the 2023 Dow Jones Sustainability™ Index Asia-Pacific (DJSI Asia-Pacific), reflecting

significant progress within the Environment, Social and Governance (ESG) objectives of the

business.

DJSI is the longest running and leading global benchmark for corporate sustainability and is

based on an analysis of ESG performance. It assesses issues such as risk management,

branding, corporate governance, climate change mitigation, supply chain standards and

labour practices.

To gain entry to the 2023 DJSI Asia-Pacific, companies needed to achieve a Corporate

Sustainability Assessment (CSA) score of 68. As of 11 December 2023, Contact achieved a

score of 74.

Each year the CSA criteria seeks greater sustainability outcomes from corporates, meaning

it’s more challenging to achieve a high score.

“It’s now been almost three years since we set our Contact26 strategy to lead the

decarbonisation of our country. The place we call home,” says CEO Mike Fuge.


“Our vision to build a better Aotearoa New Zealand means being good stewards of the

environment, helping our communities thrive by being a good neighbour, and creating

collaborative respectful partnerships with tangata whenua.


“We are focused on our strategic pillars to grow demand for renewable electricity, to develop

flexible renewable electricity generation, to decarbonise our portfolio and to create

outstanding customer experiences.


“As a company we are an integral part of daily life in New Zealand and we’re acutely aware

that our every action, good and bad, has a marked impact on the wellbeing of our

communities - today and in the future.”

This is Contact’s second year on the index; and in 2022 Contact achieved the second

highest score of any New Zealand company.

The DJSI Asia-Pacific inclusion comes just days after Contact won the Sustainability

Leadership Award at Deloitte’s Top 200 Awards, which celebrates outstanding performance

among New Zealand’s largest companies.






Contact Energy Ltd

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Investor enquiries

Shelley Hollingsworth

Investor Relations and Strategy Manager

+64 27 227 2429

shelley.hollingsworth@contactenergy.co.nz


Media enquiries

Louise Wright

Head of Communications and Reputation

+64 21 840 313

louise.wright@contactenergy.co.nz

Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.

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