UK – The socially responsible investment (SRI) index, FTSE4Good, has today (November 19) completed its line-up of SRI benchmarks with the launch of two new indices, the FTSE4Good Global Index and the FTSE4Good US Index.
As with the existing FTSE4Good benchmarks, the two new indices contain companies that meet international standards of corporate social responsibility (CSR) and are designed for use by the growing socially responsible investment (SRI) market.
The complete FTSE4Good index series now offers benchmark and tradable indices for four developed markets – the UK, Europe, US and Global. The series allows investors to track the performance of SRI-screened companies in all major financial markets. The base universe indices for FTSE4Good cover up to 90% of the world’s financial markets.
Mark Makepeace, Chief Executive of FTSE Group, comments: “SRI has increased by over 1000% in the last four years. FTSE created the FTSE4Good index series to provide this fast-growing investment sector with an independent and accurate tool to measure the performance of companies meeting international CSR standards.”
Constituent lists and full details of the new indices are available at www.ftse4good.com. The indices begin calculation today and are available from major data vendors. The next review of all FTSE4Good indices will take place in March 2002.