Dow Jones Sustainability Index Tops 3 Billion Euros

Dow Jones Sustainability Index Tops 3 Billion Euros

SAM Group has announced that in March 2005 assets managed against the Dow Jones Sustainability Indexes crossed the 3 billion Euro mark. Launched in 1999, the Dow Jones Sustainability Indexes track the market performance of the leading sustainability-driven companies worldwide.

"This is a significant milestone for us," said Alexander Barkawi, managing director of SAM Indexes, the operating company for SAM's indexing business. "Asset managers in 14 countries use the DJSI family for a variety of financial products -- including mutual funds, structured products and separate accounts. Their success in growing their offering and making sustainability-driven products available to their clients is a very encouraging and important feedback."

The reached milestone coincides with the start of this year's annual sustainability assessment for the DJSI family. Last week, SAM sent out invitations to the biggest 2,500 companies worldwide including the biggest 600 companies in Europe to take part in its annual review for the indexes. The assessment will score companies with regard to general as well as industry-specific sustainability trends based on economic, environmental as well as social criteria. Research results and the new composition of the DJSI World as well as the European DJSI STOXX will be announced on September 7, 2005.

This year, SAM has also identified the biggest 600 companies in North America as the starting universe for a new addition to its series of sustainability benchmarks. Following the successful introduction of the DJSI World in 1999 and the DJSI STOXX in 2001, SAM will introduce the DJSI North America and DJSI United States on 21 September 2005.

"These new benchmarks are significant expansions of the family of Dow Jones Sustainability Indexes," said John Prestbo, editor of Dow Jones Indexes. "Interest in the integration of economic, environmental, and social criteria into global and regional portfolios is constantly on the rise. Based on the same corporate sustainability assessment as the existing DJSI family, the DJSI North America, and DJSI United States will offer solid platforms for investors to implement sustainability criteria within their North American and U.S. equity allocation."

The Dow Jones Sustainability World Indexes cover the top 10% of the biggest 2,500 companies in the Dow Jones World Index in terms of economic, environmental, and social criteria. As a benchmark for European sustainability investments, the Dow Jones STOXX Sustainability Indexes cover the leading 20% in terms of sustainability of the companies in the Dow Jones STOXXSM 600 Index. The Dow Jones EURO STOXX Sustainability Index is the European subset of the DJSI STOXX and tracks the financial performance of sustainability leaders in this particular region.