Auckland Airport has become the first New Zealand company to feature in the Dow Jones Sustainability index, which is seen as the most reputable global measure for socially responsible investors.
The 2012 DJSI invited only three NZX50 companies invited to participate in this year's round and Auckland Airport was the only one of those three to make the cut.
The company's sustainability adviser Martin Fryer said it had worked hard on producing a comprehensive sustainability policy and implementing that over the past five years.
"We're delighted that we have been rewarded with visibility in this leading global sustainable business investment index, providing us with the ability to compare ourselves to other world-class companies in the industrial transportation sector."
Last year Auckland Airport also won the Strategy and Governance sector of the Fairfax Sustainable60 business awards. The judges said the company had been hugely successful in delivering business benefits due to buy-in across the company on the 41 targets under its sustainability policy.]
Meanwhile, fifteen companies have made the cut for overall performance in this year's Sustainable60 awards.
The 55 award entries were assessed by Massey University postgraduate students before being judged by an 11-strong panel from various sectors of the business community.
Senior lecturer from Massey University's School of Management, Dr Gabriel Eweje, who oversaw the postgraduate student judging, says companies of all sizes are focusing more on responsibility and engaging more closely with their stakeholders, communities, and customers.
"There are many diverse forms of sustainability now, it's not just about climate change or environmental concerns," he says.
"Companies are looking for ways of improving their social responsibility and having a presence in their local communities. Companies who give staff time off to do volunteer work for charities are a good example of this."
As well as making submissions in five categories, entrants could make submissions for the overall award for small, medium and large scale business sustainability.
The category finalists are:
Strategy and governance:
Aohangi, Inghams, Landcare Research, NZ Sugar Company, Outback NZ, Westpac
ASB, Mana Recovery, Outback NZ, Powersmart Solar, Vodafone, Westpac
La Nuova Apparelmaster, Landcare Research, NZ Sugar Company, Powersmart Solar, Sachie's Kitchen, Vodafone
La Nuova Apparelmaster, Landcare Research, NZ Sugar Company, Progressive Hydraulics, Westpac, Outback NZ
Auckland Council, Eco Insulation, Meridian Energy, Powersmart Solar, Scion, Westpac
The following companies were chosen as finalists for overall corporate sustainability:
Board Dynamics, Morphum, Powersmart Solar, Progressive Group of Companies, Resourceful Solutions, Sachie's Kitchen, Stone Paper Company
James & Wells, La Nuova Apparelmaster, Mana Recovery, Outback NZ
Landcare Research, NZ Sugar Company, Vodafone, Westpac
Winners will be announced at the awards event on November 28
- © Fairfax NZ News