2012 DJSI Review Results Announced
The results for the 2012 Annual Review were recently released with the largest additions to the DJSI World index including Canadian National Railway Company, Target Corp and Microsoft Corporation. Deletions from this category included International Business Machines Corporation, United Technologies Corporation and GlaxiSmithKline PLC. In the Dow Jones Sustainability Europe Index there were 17 additions and 23 deletions; the Dow Jones sustainability north America Index had 17 additions and 16 deletions; the Dow Jones Sustainability Asia Pacific Index had 14 additions and 15 deletions; and the Dow Jones Sustainability Korea Index had 3 additions and 3 deletions.
SAM’s Head of Indexes, Guido Giese noted that the participation rate for the 2012 Corporate Sustainability Assessment was up by 8.4 percent compared with last year. This is seen as an indication that the participating companies appreciate the importance of incorporating sustainability into their business strategies. Managing Director and Chairman of the S&P Dow Jones Index Committee, David Blitzer, noted that there has been a continued and growing interest in long-term investment strategies that incorporate sustainability investing.
Press releases have been made by a number of companies keen to make known their inclusion in the 2012 Dow Jones Sustainability Index. These include Weyerhaeuser company (NYSE: WY), one of only three forest products companies that have been included in the World Index. Weyerhaeuser also remains in the Dow Jones North America Index, as it has since its inception. President and CEO of Weyerhaeuser, Dan Fulton noted that the DJSI is “the most important third-party validation” the company receives. Other companies mentioned in the press include Coca-Cola Hellenic; Goldcorp Inc. (TSX: G, NYSE:GG); Wipro Ltd; CSX Corporation; Sprint; NiSource Inc.; Liberty Global; AU Optronics Corp.; Unilever; Praxair; Spectra Energy Corp; BMW; GPT Group and Alcoa, to mention but a few.