Twelve companies have been added to
the index, and 12 have been removed. The US-based companies that have been added include Agilent
Technologies, Bristol-Myers Squibb, Dow Chemical, Eli Lilly, and Motorola. US-based companies
removed from the index include Barrick Gold and Pfizer.
Also removed from the index was
BP, the oil and gas company whose Gulf of Mexico oil spill disaster was only the most recent of its
major environmental and safety calamities. Removed from the index as well was Royal Dutch Shell,
whose pipelines in Nigeria spilled 14,000 tons of oil in 2009.
Launched one year ago, the
NASDAQ OMX CRD Global Sustainability 50 Index includes companies that have taken leadership roles
in “disclosing their carbon footprint, energy usage, water consumption, hazardous and non-hazardous
waste, employee safety, workforce diversity, management composition and community investing.”
Components of the Index must produce a publicly available corporate sustainability report, and
disclose sustainability data according to the guidelines of the Global Reporting Initiative (GRI).