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September 18, 2008
FTSE4Good Index Series Updates Component Companies and Eligibility Components
    by Robert Kropp

FTSE Group added 36 companies and removed 12 in semi-annual update of its leading SRI index.

Expanding its eligibility criteria to include climate change, the FTSE Group, a London-based provider of stock market indices, has released an updated FTSE4Good Index Series.

The updated Index, which takes effect after the close of markets on September 19, 2008, adds 36 companies—including Toyota Motor Corp., which had been removed in 2007 for not meeting human rights criteria—while removing 12 that fail to meet the Index's evolving selection criteria.

The FTSE4Good Index Series analyzes corporate annual reports and other data to assess criteria requirements in the areas of environmental sustainability, relationships with stakeholders, human rights, supply chain labor standards, and countering bribery.

The objectives of the FTSE4Good Index Series include providing information for responsible investing, providing SRI benchmarks for asset managers, and contributing to responsible business practice.

Of the 36 companies newly added to the FTSE4Good Index Series, seven are headquartered in the United States: Autodesk, Capital One Financial, First Solar, Reliant Energy, Robert Half International, Telephone and Data Systems, and Tellabs.

No US-based companies were deleted from the index in 2008.


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