GE, McDonald’s, Starbucks, Nike Cut from DJSI World
Amgen, Commonwealth Bank of Australia and GlaxoSmithKline are among the new additions to the Dow Jones Sustainability Indices World.
Meanwhile Bank of America, General Electric, McDonald’s, Starbucks and Nike are among the companies to get cut from the DJSI World this year. These companies did, however, make the North American Index.
The DJSI World is the first global index to track the financial performance of the leading sustainability-driven companies based on an analysis of financially material economic, environmental and social factors.
Each year, the Down Jones Index Committee and RobecoSAM, an investment specialist focused exclusively on sustainability investing, review the DJSI and assess thousands of companies’ corporate sustainability programs to help investors realize the financial materiality of sustainability.
Following this assessment, RobecoSAM identifies the top company in each of the 24 industry groups (see chart). LG Electronics, Unilever, Akzo Nobel and Air France are among the most sustainable companies in their respective industries groups, according to the 2014 review.
Some 16 firms have made the list all 15 years: Baxter International, Bayer, Bayerische Motoren Werke, BT Group, Credit Suisse, Deutsche Bank, Diageo, Intel, Sainsbury, Novo Nordisk, RWE, SAP, Siemens, Storebrand and Unilever.
Last year Volkswagen, Siemens, Nestle, Air France, SAP, BG Group and Citigroup lead their respective industry groups.
Correction: An earlier version of this story incorrectly said Bank of America, General Electric, McDonald’s, Starbucks and Nike are among the companies to get cut from the indices this year.
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