SAM and Dow Jones Indexes Announce Adjustments to 2010 Dow Jones Sustainability Indexes
NEW YORK (November 4, 2010) ― SAM, the investment boutique focused exclusively on Sustainability Investing, together with Dow Jones Indexes, a leading global index provider, announce today that the review of the 2010 Corporate Sustainability Assessments is complete. As communicated on October 8, SAM conducted a review of companies’ sustainability scores from the 2010 Corporate Sustainability Assessment. The scores are used to determine a company’s eligibility for the Dow Jones Sustainability Indexes (DJSI).
SAM has undertaken every effort to ensure the new scores meet its high standards for quality and accuracy. After a thorough inspection of all results, SAM and Dow Jones Indexes have determined which score modifications will require adjustments to the DJSI.
Out of the initial 318 component companies from the 2010 Dow Jones Sustainability World Index (DJSI World), 8 companies will join the index, while 3 firms will need to be removed. The companies that will no longer be included in the index were very close to achieving best-in-class results with regard to sustainability in their respective sector. However, according to index construction rules, only the highest ranking companies can be included in the index.
The review also leads to 8 additions to and 2 removals from the Dow Jones Sustainability Europe Index, 2 additions to and 1 removal from the Dow Jones Sustainability North America Index, as well as 2 additions to and no removals from the Dow Jones Sustainability Asia Pacific Index. All adjustments will take effect at the close of trading on December 17, 2010.
For more information on the Dow Jones Sustainability Indexes and the changes resulting from the review please visit: www.sustainability-indexes.com.