Asia Pacific gets two new indicesApril 2009
Two new financial indices for the Far East have been created by SAM, the sustainability investing specialist, and the Dow Jones Sustainability Indexes (DJSI), the global index provider.
The indices – the Dow Jones Sustainability Asia Pacific and the Dow Jones Sustainability Asia Pacific 40 – are based on SAM’s analysis of corporate economic, environmental and social performance.
Assessments are based on general as well as industry-specific sustainability criteria for each of the 57 DJSI sectors and cover issues such as corporate governance, risk management, branding, climate change mitigation, supply chain standards and human capital.
The Dow Jones Sustainability Asia Pacific Index tracks the top 20 per cent in the SAM analysis out of the largest 600 companies in the developed Asia Pacific markets. It includes 122 sustainability leaders – 77 from Japan, 30 from Australia, seven from South Korea, three each from Hong Kong and Singapore, and two from Taiwan.
The Dow Jones Sustainability Asia Pacific 40 Index is a subset of this broad index, measuring the performance of the region’s largest 40 sustainability leaders.
Alexander Barkawi, the SAM Indexes managing director, said: ‘Notwithstanding the current economic turmoil, sustainability remains firmly on investor agendas.
‘As many commentators have pointed out during the last few months, nature doesn’t do bailouts. Issues such as climate change, water scarcity and risk management will continue to drive corporate success, and increasingly so. Our new Asia Pacific index allows market participants to reflect this momentum for a key investment region.’