RobecoSAM, the investment specialist focused exclusively on Sustainability Investing, and S&P Dow Jones Indices announced the launch of the Dow Jones Sustainability Diversified Indices Family (DJSI Diversified Family). The new offering provides investors with a family of indices designed to have risk/return characteristics similar to standard global equity benchmarks, but with significantly greater representation to more sustainable companies.
The DJSI Diversified Family is designed for investors who measure their performance against a standard benchmark, but also value the integration of sustainability criteria. Sustainable companies from the S&P Global LargeMidCap Index or regional subindices are selected while seeking to ensure that the resulting index has a low tracking error by avoiding any regional, size or industry bias.
The DJSI Diversified Family follows the same construction approach used in standard benchmark index families. It covers 26 developed market and 20 emerging market countries and replicates the regional and sector allocation of the S&P Global LargeMidCap Index while taking sustainability performance into account. Companies' sustainability profiles are evaluated using RobecoSAM's proprietary Corporate Sustainability Assessment (CSA) methodology.
The DJSI Diversified Family leverages the same research capabilities used to construct the existing DJSI. In addition, the DJSI Diversified Family uses specific rules to ensure country, sector and size diversification. Due to the fact that sustainability score distributions differ depending on company size, the DJSI Diversified Family makes use of a size-adjusted relative score (rather than an absolute Total Sustainability Score as is used for the DJSI).
Overview of DJSI Diversified index family (effective as per 30 May 2013):
- Dow Jones Sustainability World Diversified Index
- Dow Jones Sustainability World Developed Diversified Index
- Dow Jones Sustainability Emerging Markets Diversified Index
- Dow Jones Sustainability Europe Diversified Index
- Dow Jones Sustainability North America Diversified Index
- Dow Jones Sustainability Asia Pacific Diversified
- Dow Jones Sustainability Emerging Markets Plus Diversified Index
- Dow Jones Sustainability World Developed ex Korea Diversified Index