S&P Dow Jones Indices Announces Dow Jones Sustainability Indices 2024 Review Results with New Name and Top Changes

S&P Dow Jones Indices announces Dow Jones Sustainability Indices 2024 review results, renaming the indices to Dow Jones Best-in-Class Indices in February 2025. The top three largest companies added to the DJSI World are Airbus SE, Schlumberger Ltd, and BAE Systems Plc, while Alphabet Inc, UnitedHealth Group Inc, and ASML Holding NV are deleted. The full results will be available on December 23, 2024, at spglobal.com/esg/csa/djsi-annual-review.

The S&P Dow Jones Indices (S&P DJI) have recently announced the results of their 2024 review, which includes a significant renaming and rebranding of their indices. Effective February 2025, the Dow Jones Sustainability Indices (DJSI) will be renamed to the Dow Jones Best-in-Class Indices [1]. This transformation reflects S&P DJI's commitment to recognizing and showcasing companies that lead their respective industries in environmental, social, and governance (ESG) practices.

The S&P Global Corporate Sustainability Assessment (CSA) plays a crucial role in determining the eligibility of companies for inclusion in the Dow Jones Best-in-Class Indices. This assessment applies a best-in-class approach, evaluating companies within each of the 62 industries covered by the CSA [1]. By adopting this methodology, S&P DJI ensures that the indices represent the most sustainable companies in their respective sectors.

The 2024 CSA saw a strong response from companies, with many recognizing the importance of disclosing their sustainability performance to capital markets. As of November 2024, companies are still participating in the CSA, which will end in January 2025 [1]. The CSA Scores, which are submitted by S&P Global Sustainable1 to S&P Dow Jones Indices, are a crucial factor in determining a company's eligibility for inclusion in the indices.

The top three largest companies added to the DJSI World in 2024 are Airbus SE, Schlumberger Ltd, and BAE Systems Plc [2]. These companies have demonstrated exceptional ESG performance within their respective industries. On the other hand, Alphabet Inc, UnitedHealth Group Inc, and ASML Holding NV were deleted from the DJSI World due to their lower ESG performance compared to their industry peers [2].

The full results of the 2024 DJSI review will be available on the S&P Global website on December 23, 2024 [1]. Companies that are invited to join the DJSI can access their membership information in the CSA Portal on December 16, 2024 [1].

In conclusion, the renaming and rebranding of the Dow Jones Sustainability Indices to the Dow Jones Best-in-Class Indices signify S&P DJI's commitment to recognizing and showcasing companies that lead their industries in ESG practices. The indices will continue to serve as valuable tools for investors seeking to integrate ESG considerations into their investment strategies.

References:
[1] S&P Global. (2024, November 22). S&P Dow Jones Indices Announces 2024 Review Results for the Dow Jones Sustainability Indices. Retrieved December 1, 2024, from https://www.spglobal.com/esg/csa/djsi-annual-review
[2] S&P Dow Jones Indices. (2021, November 12). S&P Dow Jones Indices Announces Dow Jones Sustainability Indices 2021 Review Results. Retrieved December 1, 2024, from https://press.spglobal.com/2021-11-12-S-P-Dow-Jones-Indices-Announces-Dow-Jones-Sustainability-Indices-2021-Review-Results