We’re pleased to announce that we’ve been included in a new index series launched on 12 October by the JSE (Johannesburg Stock Exchange) in partnership with FTSE Russell (Financial Times Stock Exchange, based in London): The FTSE/JSE Responsible Investment Index Series, which includes the following:
- the FTSE/JSE Responsible Investment Index
- the FTSE/JSE Responsible Investment Top 30 Index
Our platinum (Anglo American Platinum) and iron ore (Kumba Iron Ore) businesses are also included in the FTSE/JSE Responsible Investment Top 30 Index.
The FTSE/JSE Responsible Investment Index Series, which replaces the JSE’s SRI Index, offers an objective methodology that further promotes the aims of stimulating greater transparency by corporates on environmental, social and governance (ESG) considerations, and enabling investors to integrate these considerations into investment and stewardship.
The companies eligible for the FTSE/JSE Responsible Investment Indices are those that are constituents of the FTSE/JSE Shareholder Weighted All Share Index and are also listed in the FTSE All World Index. Therefore Anglo American, Anglo American Platinum and Kumba Iron Ore were eligible. Inclusion in the FTSE/JSE Responsible Investment Indices is determined in accordance with the FTSE/JSE Responsible Investment Index Series Ground Rules.
Speaking on our inclusion in the new indices, Dave Morris, group head of safety and sustainable development said: “As a business with significant environmental, social and governance responsibilities, achieving a place on these two indices provides us with the confidence that we are meeting the stringent criteria our shareholders and stakeholders expect from us and that we are taking the business in the right direction. Being rated by both the JSE and FTSE affirms our continuous efforts in sustainability.”
Corli Le Roux, head of sustainability at the JSE, said “These new indices indicate a firm commitment by both the JSE and FTSE Russell to advance responsible investment and builds on the JSE’s decade-long experience in helping companies integrate the principles of the triple bottom line and good corporate governance into their business practices.”
“Collaborating with FTSE Russell on expanding our efforts in sustainability offers a number of synergies and benefits for both organisations and our clients, and was thus a logical opportunity for us to pursue,” concludes Le Roux.
With the new FTSE/JSE Responsible Investment Index Series, JSE listed companies have the opportunity to be assessed and rated alongside over 3,000 companies from across the globe against best practice ESG practices and performance metrics.
To read more about these indices, please click here.