The Calvert Social Index is a stock market index created by Calvert Investments as a benchmark of large companies that are considered socially responsible or ethical. It currently consists of 680 companies, weighted by market capitalization, selected from approximately 1,000 of the largest publicly traded companies in the United States using Calvert's social criteria. These criteria relate to the environment, workplace issues, product safety, community relations, weapons contracting, international operations, and human rights.
This index was created following the success of the Domini 400 Social Index by KLD Research & Analytics, Inc. The Calvert index is used by so-called socially responsible or ESG mutual funds as a benchmark for their performance.
See also
References
- Clarke, Thomas (2007). International Corporate Governance: A Comparative Approach. London and New York: Routledge. p. 300. ISBN 978-1-134-35088-9.
- Little, Ken (2008). The Complete Idiot's Guide to Socially Responsible Investing: Put Your Money Where Your Values Are. New York: Penguin. p. 216. ISBN 978-1-4406-3650-9.
- Ali, Paul A. U.; Yano, Kanako (2004). Eco-finance: The Legal Design and Regulation of Market-based Environmental Instruments. The Hague, Netherlands: Kluwer Law International B.V. p. 152. ISBN 978-90-411-2310-7.
- Keinert, Christina (2008). Corporate Social Responsibility as an International Strategy. Heidelberg, Germany: Springer Science & Business Media. p. 52. ISBN 978-3-7908-2024-9.
External links
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