Russell/Mellon, KLD Launch New Social Indexes

May 30, 2001 ( - Kinder, Lydenberg, Domini & Co. (KLD) has reached an agreement with Russell/Mellon Analytical Services to jointly market a new family of social investing indexes and associated performance analytics.

KLD’s index family now consists of three benchmarks:

  • the KLD Large Cap Social Index (LCSI) based on the Russell 1000 Index
  • the KLD Broad Market Social Index (BMSI) based on the Russell 3000 Index
  • the Domini 400 Social Index(DSI 400)

In addition, KLD will soon introduce a screened Russell 2000 Index, as well as several custom indices. All are available for licensing.

KLD is a provider of social research services to institutional investors, while Frank Russell Company’s 21 US equity indices serve as performance standards against which money managers and mutual funds are evaluated.