FTSE Group, the award-winning global index provider, today confirms the results of the September review of the FTSE4Good global index series. An additional 24 companies worldwide have met the index criteria that assess companies’ Corporate Social Responsibility (CSR) practices based on principles of Socially Responsible Investment (SRI). Globally, 9 existing constituents will be removed from the index as they no longer meet the criteria. The largest number of new companies is from the UK (13). Changes to the index will take place after the close of the markets on Friday 15th of September 2006.
The four UK companies entering into the FTSE4Good index series are Drax Group, Mapeley, Metalrax Group, and Zetex.
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 |
3 |
- |
Switzerland |
1 |
- |
|
Canada |
1 |
- |
Spain |
1 |
- |
|
France |
3 |
- |
UK |
4 |
2 |
|
Italy |
- |
2 |
USA |
3 |
5 |
|
Japan |
9 |
- |
|
|
|
|
TOTAL |
25 |
9 |
|||
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 and human rights criteria have been tightened significantly - 9 companies will be removed from the index next week because they no longer meet these criteria. For a list of these companies, please visit, www.ftse.com
