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Are stock exchanges interested in a sustainability index?

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Are stock exchanges interested in a sustainability index?

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Yes! It was reported on 6 August 1999 that Dow Jones were set to launch a Sustainability Index to “meet the growing demand from ‘ethical’ fund managers and retail investors for clearly defined instruments to assess companies social and environmental credentials.” Dow Jones believes that “over the past 5 years sustainability-driven companies had better financial performance than their peers.” [Source: Independent 6 August 1999]. The ENDS Daily reports that Europe is the “clear front runner” in a new global Dow Jones index ranking companies according to sustainability principles, according to one of the scheme’s organisers this is believed to be the first such exercise on a world scale. The index aims to boost investor interest in companies prioritising environmental and social concerns alongside economic results by showing that they often outperform the market average. European companies top nine of the 18 economic sectors within the index, according to Reto Ringger from Zurich-based SA

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