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Semi-Annual Review of FTSE4Good Index Series Is Completed

By Robert Krop, socialfunds.com

September 14, 2009

Widely-used benchmark for responsible investment adds 33 companies, and deletes 15 for failing to meet standards of corporate responsibility.

SocialFunds.com -- FTSE Group, a global provider of more than 120,000 equity, bond, and alternative asset class indexes, has announced the results of its semi-annual review of the FTSE4Good index series. The FTSE4Good indexes use data provided by EIRISto provide responsible investors with a tool to identify companies that meet standards of corporate responsibility (CR), and asset managers with a benchmark for socially responsible investment (SRI).

In its September review, FTSE added 33 companies to the FTSE4Good index series, and deleted 15. Of the companies added to the series, 10 were from Japan, 10 were from the United Kingdom, and five were from the US. Nine of the deleted companies were from Japan, and five were from the US.

Four companies were deleted from the index series for failing to meet environmental criteria, one for not meeting climate change criteria, seven for not meeting human and labor rights criteria, three for not meeting countering bribery criteria, and one for activities in weapons, an excluded sector.

http://www.socialfunds.com/news/article.cgi/2779.html



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