Sustainalytics Announces 2019 Changes to the Jantzi Social Index
March 11, 2019, Toronto – Sustainalytics, a leading global provider of ESG and corporate governance research, ratings and analytics, today announced several changes to the Jantzi Social Index (JSI) as part of its annual review process. The changes will take effect at the open of trading on March 18, 2019.
As a result of the annual review process, Linamar Corporation (TSX:LNR), Vermilion Energy Inc. (TSX:VET) and WSP Global Inc. (TSX:WSP) will be added to the JSI. Canadian Imperial Bank of Commerce (TSX:CM), Corus Entertainment Inc. (TSX:CJR.B) and Husky Energy Inc. (TSX:HSE) will be removed from the index.
Launched in 2000, the JSI is a market capitalization-weighted common stock index consisting of 50 Canadian companies that pass a set of broad-based ESG rating criteria. In creating the JSI, Jantzi Research, now Sustainalytics, set out to create an index which could be used by institutional investors to benchmark the performance of socially-screened portfolios and by financial institutions to develop investment products such as index mutual funds, exchange traded funds, index portfolios, index futures and options. The JSI’s underlying universe is the TSX Composite Index.
The cumulative performance of the JSI has surpassed that of the S&P/TSX Composite Index and the S&P/TSX 60. For more information on how Sustainalytics constructs the JSI as well as its annual review process, please visit here.
Disclaimer: Company additions to and removals from the JSI® do not in any way reflect an opinion on the investment merits of the company.