OREANDA-NEWS. March 01, 2011. Panasonic Corporation has been awarded the Gold Class distinction for the third consecutive year by SAM*1 (Sustainable Asset Management), one of the highly recognized asset management companies for sustainability investments. The distinction follows its recognition as Supersector Leader in Personal & Household Goods of the 2010 Dow Jones Sustainability Indexes*2 (DJSI) in November last year. The company was among the 19 Supersector Leaders with a strong commitment to corporate social responsibility.

Since its founding in 1918, Panasonic has maintained a consistent management philosophy of contributing to the society through its business activities. Panasonic believes its concerted efforts, involving all the group companies and employees, to implement this philosophy as a public entity have led to these honors.

Panasonic has been striving to achieve its vision to become the No.1 Green Innovation Company in the Electronics Industry by 2018, the 100th anniversary of its founding. By placing the environment at the center of all its business activities, the company will spur innovations and further contribute to the development of the society and comfortable life around the world.

Another Panasonic Group company, Panasonic Electric Works, was also recognized as Supersector Leader in Construction & Materials of the 2010 DJSI.

For more information about Panasonic's CSR efforts, please visit http://panasonic.net/csr/