On 11 March 2011, the results of the semi-annual review of the FTSE4Good Index were announced. The FTSE4Good Index is a responsible investment index calculated by global index provider FTSE Group, with the stated purpose to “to measure the performance of companies that meet globally recognised corporate responsibility standards, and to facilitate investment in those companies”.
The index constituents are reviewed semi-annually. Additions and deletions are based on environmental and social criteria set out in the FTSE4Good Index Rules. At this review (March 2011), seven companies were removed from the index for failing to meet the Countering Bribery, Human and Labour Rights, and Environmental Management criteria.
54 companies were added to the index after meeting the index criteria, and 11 South Korean companies and 8 Israeli companies were added as a result of the South Korean and Israel markets being added to the FTSE4Good universe.
AGL Energy continues to be included in the index.