S&P Dow Jones Indices Announces Dow Jones Sustainability Indices 2020 Review Results
NEW YORK and AMSTERDAM, Nov. 13, 2020 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI"), the world's leading index provider, today announced the results of the annual Dow Jones Sustainability Indices (DJSI) rebalancing and reconstitution. The DJSI are float-adjusted market capitalization weighted indices that measure the performance of companies selected with environmental, social and governance (ESG) criteria.
Launched in 1999, the DJSI including the Dow Jones Sustainability™ World Index (DJSI World) were among the very first set of global indices to track the largest and leading sustainability-driven publicly listed companies. The DJSI World, for example, is comprised of corporate leaders in global sustainability as identified by SAM, now a part of S&P Global, and represents the top
As a result of this year's review, the following top three largest companies based on free-float market capitalization have been added to and deleted from the DJSI World. All changes are effective on Monday, November 23, 2020.
Additions: Humana Inc, Ecolab Inc, Fast Retailing Co Ltd
Deletions: Alphabet Inc, Bank of America Corp1, United Parcel Service Inc2
The DJSI combine S&P DJI's transparent rules-based index methodology with robust data from SAM's Corporate Sustainability Assessment (CSA), an annual evaluation of companies' sustainability practices. Each year, SAM evaluates more than 7,300 companies around the world, while the plan for 2020 is to evaluate more than 10,000. Furthermore, 2020 saw a record
Earlier this week, S&P Global announced that companies participating in the 2020 CSA will receive access to their S&P Global ESG Scores at the question level for the first time. Earlier this year, the DJSI methodology was updated to ensure that the indices continue to meet their stated objectives using a best-in-class approach whereby companies are scored based on a range of financially relevant and industry-specific ESG considerations.
The DJSI also include regional and country-level versions. The full results and list of DJSI constituents are available at https://www.spglobal.com/esg/csa/.
For more information about the DJSI methodology, please visit: www.spglobal.com/spdji.
ABOUT S&P DOW JONES INDICES
S&P Dow Jones Indices is the largest global resource for essential index-based concepts, data and research, and home to iconic financial market indicators, such as the S&P 500® and the Dow Jones Industrial Average®. More assets are invested in products based on our indices than products based on indices from any other provider in the world. Since Charles Dow invented the first index in 1884, S&P DJI has been innovating and developing indices across the spectrum of asset classes helping to define the way investors measure and trade the markets.
S&P Dow Jones Indices is a division of S&P Global (NYSE: SPGI), which provides essential intelligence for individuals, companies, and governments to make decisions with confidence. For more information, visit: www.spglobal.com/spdji.
S&P DJI MEDIA CONTACTS:
spdji.comms@spglobal.com
April Kabahar
Head of Communications
New York, USA
(+1) 917 796 3121
april.kabahar@spglobal.com
Asti Michou
Communications Manager, EMEA
London, UK
+44 797 088 7863
asti.michou@spglobal.com
1 Still member of DJSI World Enlarged and DJSI North America
2 Still member of DJSI World Enlarged and DJSI North America
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SOURCE S&P Dow Jones Indices