Plum Creek Renamed to Dow Jones Sustainability Index


SEATTLE, Sep 17, 2009 (BUSINESS WIRE) -- Plum Creek Timber Co. Inc. (NYSE:PCL) today announced that Dow Jones has renamed the company to its Dow Jones Sustainability Index that tracks the economic, environmental and social performance of companies.

The review of companies is based on a thorough analysis of corporate economic, environmental and social performance, assessing such criteria as corporate governance, risk management, climate change mitigation, supply chain standards, labor practices and more.

"At Plum Creek, we believe that our efforts to be socially, environmentally and economically responsible contribute to our overall business success, and we are pleased that our commitment to sustainability has been reinforced through our inclusion in the Dow Jones Sustainability Index," said Rick Holley, Plum Creek's president and chief executive officer.

"Plum Creek has long conducted its business with a strong commitment to sustainability," Holley continued. "In 1999, Plum Creek was the first company to have all of its lands third-party certified by PricewaterhouseCoopers to the standards of the Sustainable Forestry Initiative(R). Today, Plum Creek continues this commitment and looks forward to helping address global sustainability concerns through carbon sequestration initiatives and by working to supply renewable energy markets."

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