The company retained its place on the DJSI Chile, where it is the only constituent from the transportation industry, and it will also continue on the MILA Pacific Alliance Select.
Santiago, November 16, 2021. SAAM -a company of which SAAM Towage is a part- was selected for both the Dow Jones Sustainability Chile Index (DJSI Chile)—for the sixth year in a row—and the S&P MILA Pacific Alliance Select, which measure corporate sustainability performance in three dimensions: economic, environmental and social.
“We have worked hard to continuously improve our performance in sustainability and market transparency. Being on these indices ratifies our commitment to continue along this path and our intention for our company and each of our employees to prioritize safety, fortifying stakeholder relations, social commitment, environmental protection and a culture of ethics,” explained the company’s CEO, Macario Valdés.
The company, which provides port, airport, towage and logistics services in 14 countries in the Americas, made strides this year in areas like corporate governance and human capital development.
The Dow Jones Sustainability Index was launched in 1999 and is currently one of the most important indicators in the world for measuring leading companies in sustainability. The index was created in Chile in 2015 and presently has 27 constituents, among which SAAM stands out as the only organization from the transportation industry.
For the fourth year, SAAM was also selected for the S&P MILA Pacific Alliance Select Index, which is designed to measure the performance of the largest companies in the Pacific Alliance region (Chile, Peru, Colombia and Mexico).
“We congratulate SAAM for being included in the Dow Jones Sustainability Chile Index (DJSI Chile) and the S&P MILA Pacific Alliance Select. A DJSI distinction is a reflection of being a sustainability leader in your industry. The record number of companies participating in the 2021 S&P Global Corporate Sustainability Assessment is testament to the growing movement for ESG disclosure and transparency,” remarked Manjit Jus, Global Head of ESG Research and Data, S&P Global.
SAAM is a multinational corporation providing services for international trade through its three divisions: Port Terminals, Towage and Logistics.
With 60 years in business, SAAM has operations in 14 countries in North, Central and South America, creating jobs for more than 8,500 employees.
It is the leading provider of towage services in the Americas and an important port and logistics operator in the region.