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Sep

24 Companies added to the FTSE4Good Index Series

Written on September 7, 2006 by Max Oliva in Corporate Responsibility

Max Oliva, Associate Director of IE’s Social Impact Management
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The FTSE4Good Index Series, a benchmark and tradable index for socially
responsible investors, today confirms the results of their September review. 24 companies have been newly added, having met the index criteria that assess “companies’ Corporate Social Responsibility (CSR) practices based on principles of Socially Responsible Investment (SRI)”. 9 existing constituents will be removed from the index, not having reached the updated criteria of the index. Changes to the index will take place after the close of the markets on Friday 15th of September 2006.
Launched in 2001, the FTSE4Good Index Series appeal to a broad range of institutional and retail socially responsible investors who are looking to:
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• Only invest in companies that demonstrate good standards in corporate responsibility
• Minimalize the social, ethical and environmental risks within their portfolios
• Capitalize on the benefits of good corporate responsibility (e.g. eco-efficiencies, improved brand image, etc.)
• Avoid investing in traditionally excluded SRI sectors such as tobacco, defence and nuclear power
• Actively encourage companies to be more responsible
The indices are used as a basis for regional and global index tracker funds, a range of structured products, and as a stock selection universe for actively managed funds.
Take a closer look at the FTSE4Good Index Series.

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