The results of the Dow Jones Sustainability Indices (DJSI) review were announced today with a few major additions — and deletions — to the annual sustainability benchmark.
After being cut in 2015, Cisco Systems is back and one of the three largest additions to the DJSI World this year. The other two are Shell and Adobe.
Meanwhile, the three largest deletions are Intel, Samsung Electronics and British American Tobacco.
Unilever, Nestle, LG Electronics and Hewlett Packard Enterprise Co are among the top scoring companies in each of the 24 industry groups. Additionally, BMW has replaced Volkswagen as the top sustainability-driven automaker.
On Monday, when the component lists are published on the RobecoSAM website, we’ll know if VW made the 2016 Dow Jones Sustainability Indices.
Launched in 1999, the DJSI World is the first global index to track the leading sustainability-driven companies based on RobecoSAM’s analysis of financially relevant environmental, social and governance (ESG) factors and S&P DJI’s index methodology. RobecoSAM invited the world’s largest 3,400 companies from developed and emerging markets to take part in its annual corporate sustainability assessment.
Last year S&P Dow Jones Indices launched three new climate change index series: S&P Global 1200 Carbon Efficient Index Series, S&P Global 1200 Carbon Efficient Select Index Series and S&P Global 1200 Fossil Fuel Free Index Series.