New SRI index launched in Mexico

The world’s third large-scale, dedicated SRI index has been launched in Mexico. The Mexican stock exchange, the second-largest in Latin America, has set requirements for companies on performance in and disclosure of stakeholder engagement, health and safety, and corporate governance, as well as impact on water, biodiversity and climate change. Members must also adhere to a number of external, international standards such as those set by the ISO and UN. The Mexican Sustainability Index will be monitored by the UK-based Eiris and the South Anahuac University in Mexico itself. Initially comprised of 23 companies, the index currently counts Coca-Cola, Kimberly Clark Mexico, TV Azteca, the glassmaker Vitro and Walmart Mexico among its members, though it has said it will consider further applications later in the year.