Packaging

Kraft Foods Named to Dow Jones Sustainability Index

Thursday 18. September 2008 - Third Year on World Index; Fourth Year on North America Index

Kraft Foods Inc. (NYSE:KFT) has once again been named to the Dow Jones Sustainability World Index and the Dow Jones Sustainability North America Index in recognition of the company’s economic, environmental and social performance. In the food sector category, Kraft is the only U.S.-based company to be a World Index Sustainability Leader. In addition, Kraft attained the food industry’s leading scores in the World Index in three areas — operational eco-efficiency, corporate governance and corporate citizenship/philanthropy.

“At Kraft, sustainability is doing what’s good for people, the environment and business,” said Steve Yucknut, Vice President, Sustainability. “For a number of years, we’ve been addressing sustainability issues and concerns, but it’s really our increased focus and strategic direction — coupled with a dedicated employee base and senior leadership guidance — that’s driving the results and successes we see today. Our hard work is paying off, and that’s very rewarding.”

Kraft’s six focus areas for sustainability include agricultural commodities, packaging, energy, water, waste and transportation/distribution. “By looking at our business through a sustainability lens, we identify ideas for positive change that grow our top line and reduce costs,” Yucknut said. “Each sustainability focus area plays a vital role in the long-term health of Kraft’s business and of the planet.”

Launched in 1999, the Dow Jones Sustainability Indexes are the first global stock indexes tracking financial performance of leading sustainability-driven companies. Updated annually, companies are reviewed based on a thorough analysis of corporate economic, environmental and social performance, assessing issues such as corporate governance, risk management, branding, climate change mitigation, supply chain standards and labor practices. The Dow Jones Sustainability World Index recognizes the top 10 percent of the biggest 2,500 companies worldwide based on long-term economic, environmental and social criteria. The Dow Jones Sustainability North America Index captures the leading 20 percent of the largest 600 North American companies of the Dow Jones Global Index in terms of sustainability.

http://www.kraft.com
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