FTSE Group, the global index provider, added 61 companies to the FTSE4Good global index as a result of its semi-annual review.
An additional 61 companies worldwide met the index criteria that assess companies’ Corporate Social Responsibility (CSR) practices. 27 companies will be removed from the index, as they no longer meet the criteria.
The largest number of new companies are from Japan (21). The largest number of deletions are from the U.S.
The FTSE4Good criteria, which cover areas of environmental sustainability, developing positive relationships with stakeholders and upholding and supporting universal human rights, have evolved since the index was launched in July 2001. The environmental criteria have been tightened significantly – 23 companies will be removed from the index next week because they no longer meet these criteria.
About FTSE4Good Index Series FTSE4Good is a series of real-time indices designed to reflect the performance of socially responsible equities. The series, created and managed by global index provider FTSE Group, covers five markets: UK, Europe, Japan, US and Global. Four tradable and five benchmark indices make up the FTSE4Good index series. A committee of independent practitioners in socially responsible investment, (SRI) and corporate social responsibility (CSR) review the indices to ensure that they are an accurate reflection of current CSR best practice.
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