Dow Jones Sustainability Index Review 2010 – Effective Sept 20/2010

For those of you interested in indexes and indexing, this morning we’re putting forward the changes in the Dow Jones Sustainability Index Review.  This year in the review of corporate sustainability leadership, 48 companies will join the Dow Jones Sustainability World Index (DJSI World), 46 firms will be deleted, resulting in a total of 318 index components.  Largest addtions (by free-float market cap) are Standard Chartered, Morgan Stanley and ArcelorMittel, while the largest deletions are Toyota Motors, Royal Dutch Shell and UniCredit.

For those looking for more of a Canadian perspective, the following are the Canadian companies that find themselves on the DJSINA (North American Index), plus additions or deletions.  (Here’s the link for the full North American list: http://www.sustainability-indexes.com/djsi_protected/djsi_na/SAM_DJSINA_Components.pdf)

  • Agnico-Eagle – Addition
  • Bank of Montreal
  • Bank of Nova Scotia
  • Barrick Gold Corp.
  • BCE Inc — Deletion
  • Bombardier Inc. Cl. B.SV
  • Canadian Imperial Bank of Commerce
  • Canadian National Railway Co.
  • Canadian Oil Sands Trust — Addition
  • Cenovus Energy Inc.
  • CGI Group Inc. Cl. A SV — Addition
  • Enbridge Inc.
  • EnCana Corp
  • Goldcorp — Deletion
  • Kinross Gold Corp — Addition
  • Manulife Financial Corp
  • National Bank of Canada
  • Nexen Inc.
  • Potash Corp of Saskatchewan Inc.
  • Royal Bank of Canada
  • Sun Life Financial Inc.
  • Suncor Energy
  • Talisman Energy
  • Teck Resources Ltd. Cl. B
  • Telus Corp.
  • Toronto Dominion Bank
  • TransAlta Corp.
  • TransCanada Corp.

It’s noted by SAM and Dow Jones that they’ve had a 20% growth rate in participation for this year’s review.   The use a best-in-class approach and include sustainability leaders from each industry on a global and regional level respectively.  As much as it sounds like companies are beginning to understand the importance of being in the index, I’ll admit I’m a bit surprised by the lack of Canadian retail / consumer product companies who show up.

For those who are looking for a more global perspective,  SAM also indentified the top company for each of the 19 Supersectors that the 57 sectors roll up to.  This could be a valuable list if you’re look to compare to the leaders in your sector in regards to their actions / movement towards sustainability.

The 2010-2011 Supersector leaders in sustainbility are:

  • Air France – KLM (Travel & Leisure)
  • AkzoHobel (Chemicals)
  • ANZ Banking Group (Banks)
  • BMW (Automobiles & Parts)
  • EDP Energias de Portugal (Utilities)
  • GPT Group (Real Estate)
  • Investimentos Itau (Fiancial Services)
  • Lotte Shopping (Retail)
  • Nokia (Technology)
  • Pearson (Media)
  • Philips Electronics (Personal & Household Goods)
  • Roche (Health Care)
  • Sasol (Oil & Gas)
  • Siam Cement (Construction & Materials)
  • Swiss Re (Insurance)
  • Telefonica (Telecommunications)
  • TNT (Industrial Goods & Services)
  • Unilever (Food & Beverage)
  • Xstrata (Basic Resources)

Here’s the link the SAM/DJSI website:  http://www.sustainability-indexes.com/

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