Dutch specialty chemicals supplier AkzoNobel has been ranked number one by the Dow Jones Sustainability Index (DJSI) for the fourth year running. The company beat some 350 other companies in the Materials industry group to the top spot.

“This result reinforces our belief that sustainability should sit at the heart of our business strategy,” said AkzoNobel CEO Ton Büchner. “The DJSI is an extremely effective strategic tool for managing sustainability and business performance, and today’s ranking reflects the importance we attach to working closely with customers in order to develop more sustainable solutions.”

The company has now been placed in the top three for the past decade and aims to generate 20 percent of its revenue from sustainable solutions by 2020.

“We’ve developed great products but innovation is only part of the story,” added Büchner. “The DJSI also helps us to make advances in terms of becoming more eco-efficient, improving the safety of our products, attracting and retaining talent and improving relationships with our customers.”