Cencosud ADVANCES IN ITS SUSTAINABLE PERFORMANCE, IMPROVING ITS RATINGS IN THE DOW JONES SUSTAINABILITY INDEX AND THE MSCI ESG RATING
  • In the DJSI, Cencosud was ranked within the top 6% in the Food & Retail category worldwide, remaining a member of DJSI Chile and DJSI MILA.

Santiago, January 3, 2023.- Cencosud made significant progress in its sustainable performance during 2022. The preceding, after improving its classification in both the Dow Jones Sustainability Index (DJSI) and the MSCI ESG rating.

In the DJSI - an index that evaluates the sustainability of thousands of companies listed on the world's leading stock exchanges -Cencosud obtained 68 points, increasing three compared to 2021, remaining a member of DJSI Chile and DJSI MILA. With this, the Company is located within the 6% with the best evaluation in the Food & Retail category worldwide.

Meanwhile, in the MSCI ESG -rating that measures the management of financially relevant ESG risks and opportunities of a company-, Cencosud was classified in the BBB category.

"The results are due to proactive management of sustainability in the Company, which is based on four pillars: Corporate Governance, People, Product, and Planet. At Cencosud, sustainability and ESG criteria are at the center of our business strategy, and we move forward with determination on these issues throughout the value chain, leading us to achieve positive results that are recognized by all our stakeholders, including clients and investors, among others."

commented María Soledad Fernández, Investor Relations and Sustainability Officer of Cencosud, after the announcement of the positive performance for Cencosud.

These indicators reflect a series of initiatives that are part of the Company's Sustainability strategy. In this sense, Cencosud's regional Food Rescue programstands out, which since 2021 has managed to recover more than 3,200 tons of food in Argentina, Brazil, Colombia, Chile, and Peru -countries where the Company is present in Latin America- benefiting thousands of social organizations; the launch of the new regional strategy for Diversity and Inclusion, through which the Company seeks to generate solid organizational cultures focused on people; and the recent inauguration of the #HubCenco offices in Santiago, new and modern spaces with high standards that seek to reflect the flexibility and diversity where the same values and culture of Cencosud are shared.

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Cencosud Shopping achieves significant progress in its sustainability management and improves its ranking in the Dow Jones Sustainability Index and MSCI ESG rating

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  • In the DJSI, the Company grew 21 points over last year, reaching 70. This allows it to be part of the top 4% in the Real Estate category worldwide.
  • For more information, check the link: https://static1.squarespace.com/static/5429bbc9e4b06a1d711a4542/t/63ab39c7a39d77620ce0ad63/1672165831722/CP+-+Cencosud+Shopping+Indices+DJSI+y+MSCI+Dic22.pdf

About Cencosud

Cencosud is one of the largest and most prestigious retailers in America. It has operations in Argentina, Brazil, Chile, Peru, Colombia, Uruguay, and the United States - in addition to a commercial office in China -where day by day, it develops a successful multi-format strategy that today employs more than 122 thousand collaborators. Its operation covers various lines of business, such as Supermarkets, Home Improvement, Department Stores, Shopping Centers, and Financial Services.

Additionally, it develops other business lines that complement its core operation, such as Cencosud Media and Cencosud Ventures. They stand out for their quality, excellent service, and customer satisfaction.

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Cencosud SA published this content on 05 January 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 05 January 2023 15:07:02 UTC.