- 30 new companies added to Index Series
- Geographical spread of represented companies continues to increase
- FTSE4Good Series and ESG Ratings helps investors integrate environmental, social and governance (ESG) factors into their investments
- Plans to adopt new methodology and data provision announced
FTSE Group (“FTSE”), the award-winning global index provider, today announces changes following the September 2013 FTSE4Good Index Series and ESG ratings semi-annual review.
The September semi-annual review sees 30 new additions to the FTSE4Good Index Series. The largest number of additions at this review is from the USA, contributing eleven companies followed by the UK with five companies. Representation of Asia-Pacific countries continues to rise, with two South Korean and one company from Japan joining the index. More details are available on FTSE’s website. The changes to the index will be effective after the close of markets on 20 September 2013.
The FTSE4Good Series is designed to help investors integrate environmental, social and governance (ESG) factors into their investments. The indices identify companies that better manage ESG risks and are used as a basis for tracker funds, structured products and as a performance benchmark. The ESG Ratings are used by investors who wish to incorporate ESG factors into their investment decision making processes, or as a framework for corporate engagement and stewardship.
Furthermore, after a long and successful collaboration, FTSE and EIRIS have agreed that they will cease to work together on the FTSE4Good product range from 30 September 2013. FTSE will develop a new methodology as the basis of the FTSE4Good index and related products and EIRIS and its research partners will not be collecting data on behalf of FTSE for use in these products with effect from 30 September 2013. More details regarding FTSE’s new approach will be provided in due course.