Lenovo Selected For UN Global Compact Stock Index
OREANDA-NEWS. Lenovo announced that it has been selected for inclusion in the very first United Nations Global Compact 100 (GC 100) - a new global stock index that combines corporate sustainability and baseline financial performance. The GC 100 marries corporate performance on environmental and social issues with a requirement of basic profitability. Lenovo has reported sales and profit gains for 15 consecutive quarters to become the world's leading PC manufacturer.
Developed and released by the UN Global Compact in partnership with research firm Sustainalytics, the GC 100 is composed of a representative group of Global Compact signatory companies selected based on their adherence to the Global Compact's ten principles as well as evidence of executive leadership commitment and consistent baseline profitability.
The GC 100 tracked the stock market performance of these companies during the past three years, comparing the results against a broad market benchmark, the FTSE(r) All World. The data for total returns is as follows:
* GC 100 rose 26.4% during past 1 year; FTSE(r) All World rose 22.1%
* GC 100 rose 19.0% during past 2 years; FTSE(r) All World rose 17.7%
* GC 100 rose 12.0% during past 3 years; FTSE(r) All World rose 12.0%
In addition to Lenovo, China-based constituents featured in the GC 100 include Baoshan Iron & Steel Co., Ltd. and China Vanke Co. Ltd.
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