Describe corporate sustainability assessment criteria under the Dow-Jones Sustainability Index.
CS Professional · Ethics, Governance and Sustainability · PYQS · December 2015
Describe corporate sustainability assessment criteria under the Dow-Jones Sustainability Index.
Answer & Explanation:
The Dow Jones Sustainability Indices launched in 1999 are the first global indices tracking the financial performance of the leading sustainability-driven companies worldwide. The Dow Jones Sustainability World Index (DJSI World) comprises more than 300 Companies that represent the top 10% of the leading sustainability Companies out of the biggest 2,500 Companies in the Dow Jones World Index. In addition to the composite DJSI World, there are six specialized subset indexes excluding alcohol, ex gambling, ex tobacco, ex armaments & firearms, ex alcohol, tobacco, gambling, armaments & firearms indexes, and ex alcohol, tobacco, gambling armaments & firearms, and adult entertainment. Corporate Sustainability Assessment Criteria under the Dow-Jones Indices is as under: Dimension Criteria Weightage (%) Economic Codes of Conduct / Compliance / Corruption & Bribery 5.5 Corporate Governance 6.0 Risk & Crisis Management 6.0 Industry Specific Criteria Depends on Industry Environment Environmental Performance (Eco-Efficiency) 7.0 Environmental Reporting 3.0 Industry Specific Criteria Depends on Industry Social Corporate Citizenship/Philanthropy 3.5 Labour Practice Indicators 5.0 Human Capital Development 5.5 Social Reporting 3.0 Talent Attraction & Retention 5.5 Industry Specific Criteria Depends on Industry
Topics: Sustainability
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