State Street Corp. makes sustainability indexes

October 9, 2008 08:31 AM E-mail| |Comments ()| Text size +

statest109.jpg State Street Corp., the Boston company that provides financial services to institutional investors, said it has qualified for both the World and North America Dow Jones Sustainability Indexes, or DJSI's.

The indexes recognize a company's commitment to corporate social responsibility and citizenship, and it was the third straight year that State Street qualified for both indexes, the company said.

Launched in 1999, the DJSI's track the financial performance of the leading sustainability-driven companies worldwide and provide asset managers with reliable, objective benchmarks to manage sustainability portfolios, State Street noted in a press release. The annual review of the DJSI is based on an assessment of corporate economic, environmental, and social performance.

State Street added that it is one of only three financial services firms based in the United States that are currently listed on both indexes this year.
(By Chris Reidy, Globe staff)

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