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Coca-Cola Enterprises (CCE) has been named in the 2015 Dow Jones Sustainability Index (DJSI), the first time the company has been listed.
The DJSI, reviewed annually by the S&P Dow Jones Index Committee and RobecoSAM, is a global index which tracks the financial performance of leading sustainability-driven companies. It is based on an analysis of financially material economic, environmental and social factors. Companies are only listed in the annual ranking if they are best in class within their industry for sustainability.
The three largest additions (by free-float market capitalization) to the DJSI World this year include Bank of America Corp, Telefonica SA and BHP Billiton Ltd. Notable deletions include Cisco Systems Inc, PepsiCo Inc and Royal Bank of Canada.
The components list for the DJSI will be published on the Sustainability Indices website next week and all changes are effective from 21 September 2015.
David Blitzer, md and chairman of the Index Committee at S&P Dow Jones Indices commented: “More and more investors look at companies’ environmental policies and track records in making their investment decisions. The Dow Jones Sustainability Indices are comprehensive benchmarks that allow investors to gauge the collective performance of those companies that meet the RobecoSAM standard for corporate sustainability and to formulate global allocations consistent with sustainable investment standards and practices.”
Picture credit: © Clafko11 | Dreamstime.com
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