New Dow Jones Sustainability Index launched for emerging markets
- 22 February 2013
LONDON: A new index has launched that allows investors to measure the corporate sustainability performance of companies in emerging markets for the first time, which will encourage more sustainable business practices across the regions.
The Dow Jones Sustainability Emerging Markets Index (DJSI Emerging Markets) was launched by RobeccoSAM, a sustainable investment specialist and S&P Dow Jones Indices, the world’s largest provider of financial market indices.
The DJSI Emerging Markets aims to identify corporate sustainability leaders based on drivers such as resources efficiency.
The new Indices align with the Dow Jones Sustainability Indices, which work to measure the performance of the world’s sustainability leaders.
Guido Giese, PhD, Head of Indexes, RobecoSAM, said: “The steady increase in the number of emerging market companies that participate in our CSA shows that businesses around the world are embracing sustainable practices as an important factor in their future competitive position. As the emerging markets have come of age, demand for a regional benchmark for sustainability investors has increased and we can now offer an appropriate product.”
Alka Banerjee, Vice President of Global Equity Indices, S&P Dow Jones Indices, said: “An important strategic reference point for sustainability investors around the globe, the DJSI are continuously advanced to respond to market trends and requirements. The DJSI Emerging Markets, the first index of its kind in the market, is launched in response to the evolving needs of the global investment community.”
Changhua Wu, Greater China Director, The Climate Group said: “This new index will go some way in driving investment in low carbon businesses and is yet more proof that leading companies are taking sustainability seriously; and for those that aren’t yet, this certainly provides an extra incentive.”
By Clare Saxon