Seven companies from the UK will go into the FTSE4Good index. They are e2v technologies, Management Consulting Group, Morgan Crucible Co., Nord Anglia Education, Surfcontrol and Virgin Mobile Holdings.
The table below shows the breakdown of the number of companies that are joining and leaving the FTSE4Good index by country:
Country | No of additions | No of deletions | Country | No of additions | No of deletions |
Australia | 6 | 2 | Japan | 21 | 2 |
Canada | 1 | 3 | Netherlands | 1 | - |
France | 6 | - | Spain | 1 | - |
Germany | 5 | - | UK | 7 | 7 |
Italy | 1 | 2 | USA | 12 | 11 |
TOTAL | 61 | 27 |
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.