The FTSE4Good Index Series is gaining widespread acceptance as a global standard for SRI investment. In the UK 14 companies have been added to the series and 3 companies deleted at the latest review. The FTSE4Good UK benchmark now represents 84.5% of the investible market-cap of the FTSE All-Share. See the attached sheet for a full list of UK additions and deletions.
Since the launch of the series just over a year ago, FTSE Group has consulted with both companies and NGOs to develop and evolve the criteria. The environmental criteria have already been developed to ensure the index remains relevant to current thinking and acts as an up to date measure for SRI investors. This will be followed later in the year by revision to the human rights criteria, based on feedback from a market consultation that took place this summer.
Mark Makepeace, Chief Executive of FTSE Group said: "In the first year of the FTSE4Good series, the indices have had a significant impact on the debate surrounding CSR. We hope that all debate in this area will go towards encouraging companies to disclose more and more information on CSR, therefore leading towards more consistency and transparency in this field."
