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September 18, 2008
FTSE4Good Index Series Updates Component Companies and Eligibility Components
by Robert Kropp
FTSE Group added 36 companies and removed 12 in semi-annual update of its leading SRI index.
SocialFunds.com --
Expanding its eligibility criteria to include climate change, the FTSE Group, a London-based provider of stock market indices, has
released an updated FTSE4Good Index Series.
 The updated Index, which takes effect
after the close of markets on September 19, 2008, adds 36 companies—including Toyota Motor Corp., which had been removed in
2007 for not meeting human rights criteria—while removing 12 that fail to meet the Index's evolving
selection criteria.
The FTSE4Good Index Series analyzes corporate annual reports and other
data to assess criteria requirements in the areas of environmental sustainability, relationships
with stakeholders, human rights, supply chain labor standards, and countering bribery.
The
objectives of the FTSE4Good Index Series include providing information for responsible investing,
providing SRI benchmarks for asset managers, and contributing to responsible business practice.
Of the 36 companies newly added to the FTSE4Good Index Series, seven are headquartered in
the United States: Autodesk, Capital One Financial, First Solar, Reliant Energy, Robert Half International, Telephone and Data Systems, and Tellabs.
No US-based companies were deleted from the
index in 2008.
©
SRI World Group, Inc. All Rights Reserved.
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