Controversial sustainability
plays a lively coming and going there was also this year at the annual reformulation of the Sustainability Index Dow Jones Sustainability World Index (DJSI World). 48 companies were in the best-known index of sustainable re-recorded, based on which many large investors.
A total of 46 tracks away from it. Among others, the German company Daimler, Lufthansa now no longer included in the DJSI World. Other prominent exclusions are the former Primus sustainability the auto industry, Japan's Toyota, and the oil company Shell. The scandal companies BP was of the initiators of the 1999 Sustainability of the specialized asset management, SAM Sustainable Asset Management in Zurich and the U.S. index provider Dow Jones DJSI World in a special regime on 1 June has been removed.
for the index in question the sustainability best come from 19 different sectors such as automotive, banking, chemicals, technology from the Dow Jones Industrial Average index. Each year in September updated titles are selected according to the so-called best-in-class approach (by Opens external link in new window mouse click takes you to a ECOreporter.de contribution, of this approach takes a closer look). Specifically, this means that for the DJSI World is the 2,500 companies on the Dow Jones Global Index, the ten percent of the companies in an industry are determined and recorded to meet the economic, environmental, ethical and social criteria best. Be analyzed for performance in areas such as corporate governance, climate change, supply standards and working conditions. The orientation of the Dow Jones Global Index means that only multinational companies get large capitalization for the index in question. The result is that many good companies are left out. Count it so, only a newly recorded Vestas Wind turbine manufacturer, Gamesa, the English had to evacuate their place in the index. But in the DJSI tracks are included, the selection is controversial. Even critics of the current selection offers starting points.
that a part of the 21 companies represented among the 318 selected for the Sustainability Index, the German economy, with RWE and E. ON energy group, which are among the largest emitters of greenhouse gases in Europe. is also mentioned, the German bank, far from being a pioneer of sustainability and a kind of counter-model to alternative banks such as the GLS bank or the banking environment. BMW has been selected as the world's best sustainability value of the automotive industry, including Volkswagen is included in the DJSI World. The Frankfurt airport operator Fraport is included, also the chemical companies BASF and Bayer, all of them are under the critical observation of environmentalists. However, examples of companies which are deemed by sustainability experts as an example, belong to the current DJSI World: about Henkel Dusseldorf with its large range of environmentally friendly products, the Bonn telecommunications group Telekom, has invested heavily in energy efficiency, and strong in the climate engaged Munich Re, formerly Munich Re. The remaining German positions in the index are: Allianz, German Stock Exchange, German Post, Hochtief, Metro, Puma, SAP, Siemens, Tui. No German company has been included in the index.
more critical in the DJSI World tracks is about the Korean company Samsung, which has been criticized by Greenpeace among others for the use of harmful chemicals (we reported window Opens external link in new), and Nestle of Switzerland. Nestle has already received some anti-award for corporate behavior and received a warning this spring by the U.S. Food and Drug Administration Food and Drug Administration (FDA), claiming that the subsidiary had made misleading statements about the ingredients of baby food (we Opens external link window reported in new as well). In addition to presenting Nestle and Pepsi and Coca-Cola in the DJSI World the food sector as the best company in sustainability.
Source: is EcoReport
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