Top Sustainability Indexes
In one of my last posts I mentioned Socially Responsible Investing. I want to follow up and let you know about the sustainability stock market indexes I use to keep track of my “feel good” investing. Granted, as Grist pointed out in a recent article, just because a company is listed on a sustainability index DOES NOT MEAN they are “green”. It simply means that they are likely to benefit from increased attention on energy, water, toxics and carbon.
With that in mind, check out the sustainability indexes worth watching. You can also check out the complete list.
Calvert Social Index (U.S.A.)
“… the Calvert Social IndexTM, as a broad-based, rigorously constructed benchmark for measuring the performance of US-based socially responsible companies.”
Dow Jones Sustainability Indices (Global)
Dow Jones Sustainability Indices are North American and global socially and environmentally screened stock indices.
KLD Broad Market Social Index (U.S.A.)
“The KLD Broad Market SocialSM Index (BMS)… capturing the best environmental, social and governance (ESG) performers in each sector of the Russell 3000… represents 98% of the capitalization of the US equity market.”
LOHAS Index (U.S.A.)
“LOHAS is an acronym for Lifestyles of Health and Sustainability. [Companies in this index] practice ‘responsible capitalism’ by providing goods and services using economic and environmentally sustainable business practices.” There are three indices: the LOHAS Index, Healthy Living Index, and Sustainable Economy Index.WilderHill Clean Energy Index (U.S.A.)
WilderHill Clean Energy Index is an American Stock Exchange based index”… comprised of publicly traded companies whose business’s stand to benefit substantially from societal transition toward the use of cleaner energy and conservation.”.