Wake up daily to our latest coverage of business done better, directly in your inbox.
Get your weekly dose of analysis on rising corporate activism.
The best of solutions journalism in the sustainability space, published monthly.
Select Newsletter
By signing up you agree to our privacy policy. You can opt out anytime.
UPS delivered, Bank of America earned its dividend and UBS banked a win, as all three landed inclusion into the 2013/2014 Dow Jones Sustainability Indices (DJSI).
The three biggest deletions (by free-float market capitalization) were Johnson & Johnson, HSBC Holdings plc and Vodafone Group plc.
Guido Giese, Head of Indices, RobecoSAM, said: “The DJSI have a double impact. They enable investors to integrate sustainability into their portfolios and at the same time they provide an engagement platform that encourages companies to adopt sustainable best practices.”
David Blitzer, md and chairman of the S&P Dow Jones Index Committee, S&P Dow Jones Indices commented: “The market upheavals and high debt levels of the last few years should remind investors that a long term view of the world and the markets is essential.”
The Corporate Sustainability Assessment provides an in-depth analysis of financially material economic, environmental and social practices, such as innovation or supply chain management, climate strategy and stakeholder engagement and places a special focus on industry-specific risks and opportunities.
Based on the Global Industry Classification System (GICS), RobecoSAM annually identifies the top company in each of the 24 industry groups.
The 2013-2014 Industry Group Leaders are: Volkswagen AG (Automobiles & Components); Australia & New Zealand Banking Group Ltd (Banks); Siemens AG (Capital Goods); Adecco SA (Commercial & Professional Services); Panasonic Corp (Consumer Durables & Apparel); Tabcorp Holdings Ltd (Consumer Services); Citigroup Inc (Diversified Financials); BG Group PLC (Energy); Woolworths Ltd (Food & Staples Retailing); Nestlé SA (Food, Beverage & Tobacco); Abbott Laboratories (Health Care Equipment & Services); Henkel AG & Co KGaA (Household & Personal Product); Allianz SE (Insurance); Akzo Nobel NV (Materials); Telenet Group Holding NV (Media); Roche Holding AG (Pharmaceuticals, Biotechnology & Life Sciences); Stockland (Real Estate); Lotte Shopping Co Ltd (Retailing); Taiwan Semiconductor Manufacturing Co Ltd (Semiconductors & Semiconductor Equipment); SAP AG (Software & Services); Alcatel-Lucent SA (Technology Hardware & Equipment); KT Corp (Telecommunication Services); Air France-KLM (Transportation); and EDP – Energias de Portugal SA (Utilities).
The index now lists 333 companies in total.
TriplePundit has published articles from over 1000 contributors. If you'd like to be a guest author, please get in touch!
