BP Removed from Dow Jones Sustainability Indexes - A blog by Cindy Tickle
Cindy Tickle is an Editor at The Inspire Economist, and you can Follow her on Twitter @ethicalbiz
Jun 2, 2010 8:30 PM ET
BP Removed from Dow Jones Sustainability Indexes
Another nail in BP’s coffin. The oil company responsible for the worst environmental disaster in U.S. history was removed from the Dow Jones Sustainability Indexes (DJSI) effective May 31, 2010.
The DJSI are the first global indexes tracking the financial performance of leading sustainability-driven companies worldwide. Socially responsible investors use the DJSI to help them determine where their investing dollars should go. Many of us have 401(k) or IRA accounts, and we can choose to align our investments with our values.
Corporations pay very close attention to Wall Street, and socially responsible investing is a great way to get your point across. BP is learning that the hard way.
