Investing November 26, 2001
FTSE Launches Two More Social Indexes
November 26, 2001 (PLANSPONSOR.com) - FTSE has
formally launched the FTSE4Good Global Index and the
FTSE4Good US Index, the last two in its series of eight
indexes covering the performance of companies adhering to its
measures of social responsibility.
Reported by Nevin E. Adams
The FTSE4Good series was introduced in March 2001 (see FTSE Introduces New Social Index Family ) and consists of four tradable indexes and four benchmark indexes. The four tradable indexes are:
- FTSE4Good UK 50 Index
- FTSE4Good Europe 50 Index
- FTSE4Good US 100 Index
- FTSE4Good Global 100 Index
Criteria List
The criteria for inclusion in the index was published in June (see FTSE Details Socially Responsible Index Criteria ), and includes:
- environmental sustainability
- upholding and supporting universal human rights
- positive relations with stakeholders
The index also excludes companies involved in the tobacco, weapons, and nuclear power industries.
As of October 31, 2001, the top five constituents (see FTSE Names FTSE4Good Constituents ) in the FTSE4Good US Index were:
- Microsoft
- AIG
- Johnson & Johnson
- Intel
- Merck