The newly re-named Dow Jones Sustainability World Index (DJSI World) is two years old and is on its way to fulfilling its mission as a carrot for sustainability.
Each year, the Zurich-based SAM Group analyzes the 2,500 largest companies in the Dow Jones Global Index looking for cream of the crop of companies that meet sustainable business criteria – the top 10 percent of each industry group.
A year ago, the index consisted of 236 companies around the world. This year, the number of companies increased to 312 – 62 industries in 26 countries. SAM credits this increase to a greater interest among companies in incorporating sustainable business practices.
” It is encouraging to see the progress different sectors and companies made during the last twelve months,” says Ivo Knoepfel, Head of Index Research at SAM. ” The increasing level of sustainability competition creates value for the companies and for investors.”
Alcoa and Starbucks are new additions to the index this year. Placer Dome, a Canadian mining company and Bethlehem Steel have been dropped.
New indexes will be added to the Dow Jones Sustainability Indexes family. Dow Jones Indexes, SAM Group and STOXX Limited just launched a regional index that focuses on European companies. Some of the companies include Volkswagen (Germany – carmakers), Henkel (Germany – chemicals, Boots (UK – retail), ING (Netherlands – financial), Royal Dutch Shell (energy) and Swiss Reinsurance (insurance).
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