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Latam Airlines Group is The Leading Airline in the Americas On The Dow Jones Sustainability ‘World’ Index as Responsible Investment Reaches New Heights
September 07, 2017
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  • The Dow Jones  Sustainability Index (DJSI) is the most internationally respected index among  investors and the ‘World’ category recognizes the performance of the top 10% of  major companies in the area of sustainability
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  • As part of the  corporate sustainability assessment, LATAM achieved perfect scores for  ‘efficiency’, ‘reliability’ and ‘climate strategy’
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  • Responsible  investment – based on sustainability criteria – is growing significantly and is  now applied to 26.3% of all assets under management (AUM) worldwide
 

Santiago, Chile, 7 September 2017 - LATAM Airlines Group (‘LATAM') today was  named in the ‘World' category of the Dow Jones Sustainability Index (DJSI) for  the fourth consecutive year, representing one of only three airline groups in  this category globally.  

 The DJSI World index  comprises the leading 10% of global companies in the ‘S&P Global Broad  Market Index' in terms of sustainability, based on an annual independent  assessment of economic, social and environmental criteria.

 As part of the corporate  sustainability assessment, LATAM achieved 100% scores for ‘efficiency',  ‘reliability' and ‘climate strategy', and was the only airline group in the  world to achieve this score in this final category.

 "In a world where responsible investment and sustainable practices are  increasingly important, it is encouraging to be considered once again as a  global leader in this field and it reflects our goal of building a strong and  robust company for both today and tomorrow," said Enrique Cueto, CEO of  LATAM Airlines Group. "As an airline  group, we are committed to incorporating sustainable thinking and practices  into every aspect of the business, not only to deliver value for our  passengers, shareholders and partners, but also for the communities in which we  operate. As part of this commitment, we will continue to advocate sustainable  tourism to support the social and economic development of Latin America as well  as the preservation of its cultural and natural heritage."

 The Global Sustainable  Investment Alliance reports that responsible investment – based on the same economic, social and  environmental criteria – is growing significantly and was applied to 26.3%  (US$22.89 trillion) of worldwide assets under management (AUM) in 2016. This  marked a 25.2% increase from 2014, when US$18.28 trillion of assets were  managed under responsible investment strategies.

 As of August 2017, there  were also more than 1,750 signatories to the Principles for Responsible Investment (PRI), a United Nations partner and the  leading proponent of responsible investment. Together, its signatories are  responsible for approximately US$70 trillion of assets under management,  representing more than a seven-fold increase from when the PRIs were published  in April 2006.

 LATAM Airlines Group is  currently one of two Chile-based companies on the DJSI World Index. Only 11  other companies from the region were listed on this index – six from Brazil and  five from Colombia.

 

Criteria measured by the Dow Jones Sustainability  Index
  The Dow Jones Sustainability  Index evaluates and recognizes companies based on economic, environmental and  social criteria including: corporate governance and compliance, social  reporting, development of human capital, efficiency, customer relations  management as well as environmental reporting and management.

   

The evaluation system adopts  a ‘best in class' logic which selects the companies with the leading  performance in their respective industries each year.

   

This year, DJSI invited  3,484 companies – covering 60 industries in 47 countries – with the best  financial performance measured by market capitalization in the S&P Global  Broad Market Index to participate in its annual corporate sustainability  assessment. Out of the companies invited, 319 (including LATAM Airlines Group)  qualified for the DJSI World Index.

 

About LATAM Airlines Group S.A.
  LATAM Airlines Group  is Latin America's leading airline group with one of the largest route networks  in the world, offering air services to around 140 destinations in 25 countries,  and is present in six domestic markets in Latin America: Argentina, Brazil,  Chile, Colombia, Ecuador and Peru, in addition to its international operations  in Latin America, Europe, the United States, the Caribbean, Oceania and Africa.
  The Group employs  over 43.000 people worldwide, operating more than 1,300 flights per day and  transporting 67 million passengers per year.

   

LATAM Airlines Group  has a young and modern fleet. Its 304 aircraft average an age of around seven  years and feature the latest models including the Boeing 787, Airbus A350, A321  and A320neo.

   

LATAM Airlines Group  (formerly LAN Airlines) comprises affiliates in Peru, Argentina, Colombia and  Ecuador as well as LATAM CARGO and its affiliates; in addition to TAM S.A and  its affiliates, TAM Linhas Aéreas S.A. (LATAM Airlines Brasil) and its business  units TAM Transportes Aéreos Del Mercosur S.A. (LATAM Airlines Paraguay) and  Multiplus S.A.

   

LATAM is the brand  adopted by LATAM Airlines Group member airlines and is being rolled-out in its  products and services, as part of a gradual integration plan.

   

LATAM Airlines Group  is the only airlines group in Latin America and one of two worldwide to be part  of the Dow Jones Sustainability ‘World' Index.   In 2016, it was recognized by the index for sustainable practices, based  on economic, social and environmental criteria, for the third consecutive year.

   

LATAM Airlines Group  shares are traded on the Santiago Stock Exchange and the New York Stock  Exchange in the form of ADRs.
  For any commercial  or brand related query, visit www.latam.com. Further financial information is  available via www.latamairlinesgroup.net