Dow Jones Indexes and sustainability investment specialist SAM announced that the Dow Jones Sustainability World Index has been licensed to The Dreyfus Corporation to serve as the stock selection pool for the firm’s first-ever global sustainability-themed mutual fund.
This is the first time that the Dow Jones Sustainability World Index, which tracks the performance of top sustainability leaders, will serve as the selection basis for a mutual fund available in the U.S.
"The Dow Jones Sustainability Indexes have gained recognition and acceptance by the global investment community as the established benchmarks of companies that are leaders in long-term economic, environmental and social sustainability practices. Along with SAM, as the first index providers to create global sustainability indexes, we’ve observed growing interest among market participants in ways to incorporate sustainability principles in their investment strategies and portfolios," said Michael A. Petronella, president, Dow Jones Indexes.
Launched in 1999, the Dow Jones Sustainability World Index measures
the performance of global sustainability leaders. Since then the Dow
Jones Sustainability Indexes (DJSI) have expanded to include European,
euro zone, North American and U.S. benchmarks.
Index components are selected based on the comprehensive SAM assessment process that identifies the leading companies from each of 57 sectors based on long-term economic, environmental and social criteria.
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