Pepsi fizzes, Coca-Cola goes flat as Dow Jones names sustainability index adds and deletions

Major sustainability index adds 41 companies and drops 23.

Coca-Cola Co., Hewlett-Packard Co. and EnCana Corp, the US natural gas company, are amongst the biggest companies to be dropped this year from the Dow Jones Sustainability World Index (DJSI World) – one of the major RI indices tracked by investors – after it judged in its annual review that their sustainability performance had faltered. By contrast, Coca-Cola’s main rival PepsiCo was named as a supersector leader in food and beverage. Each year, the index identifies the top company in 19 supersectors into which the total of 57 sectors of the DJSI World roll up. The review, which is carried out by SAM, the Swiss sustainability asset manager, will add 41 companies this year to the global benchmark, while 23 will be deleted. The changes will become effective with the open of the stock markets on September 19. The largest additions (by free-float market cap) included Medtronic Inc., the US medial care company, and France’s Schneider Electric S.A. and banking group Société Générale S.A. Other French corporate additions this year included, Television Francaise 1 and Alcatel-Lucent, the communications group. UK insurer, Standard Life, also joined the index. Following the review, the DJSI World comprises 342 companies. Each year, SAM invites the world’s 2,500 largest companies to report on their sustainability performance for inclusion in the index.2011 – 2012 Supersector leaders (alphabetically listed)
Air France-KLM Travel & Leisure
BMW AG Automobiles & Parts
Enagas S.A. Utilities
Hyundai Engineering & Construction Co. Ltd. Construction & Materials
Itausa-Investimentos Itau S/A Financial Services
Koninklijke DSM N.V. Chemicals
Koninklijke Philips Electronics N.V. Personal & Household Goods
KT Corp. Telecommunications
Lotte Shopping Co. Ltd. Retail
Pearson PLC Media
PepsiCo Inc. Food & Beverage
PostNL N.V. Industrial Goods & Services
Repsol YPF S.A. Oil & Gas
Roche Holding AG Healthcare
Samsung Electronics Co. Ltd. Technology
Stockland Real Estate
Swiss Re Limited Insurance
Westpac Banking Corp. Banks
Xstrata PLC Basic Resources

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