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Latest DJSI ‘Supersector’ leaders announced

So Coke, HP and EnCana corp have all been deleted from DJSI World. But no indication has been given as to why.

Perhaps DJSI can post a comment on this blog and let us know.

As many readers will know, I’m not a huge fan of rankings and ratings of companies on sustainability/smarter business.

My view is a simple one (and well trodden): Companies should only really be compared to themselves, ie past performance.

Any other comparison is methodologically unsound at best, and intellectually dishonest at worst.

So DJSI only matters to me for two reasons:

1) My customers talk about it. So if it matters to them, it has to matter to me.

2) Any company listed (unlike some of the more spurious rankings/listings in the US and elsewhere) is always interesting to look at for articles, blog posts, or conference speaking invitations. You don’t get in unless you are pretty good, compared with others.

That alone makes it far more useful than the “1000 greenest companies in the world, ever, so there” type-listings that are borderline fraudulent.

Here’s who is ‘in’ for 2011-12 in terms of large companies who apparently (?) lead their sectors.

2011 – 2012 Supersector leaders (alphabetically listed)

Air France-KLM
BMW AG
Enagas S.A.
Hyundai Engineering & Construction Co. Ltd.
Itausa-Investimentos Itau S/A
Koninklijke DSM N.V. Chemicals
Koninklijke Philips Electronics N.V.
KT Corp.
Lotte Shopping Co. Ltd.
Pearson PLC
PepsiCo Inc.
PostNL N.V.
Repsol YPF S.A.
Roche Holding AG
Samsung Electronics Co. Ltd.
Stockland
Swiss Re Limited
Westpac Banking Corp.
Xstrata PLC

According to a press release: “The largest additions (by free-float market capitalization) to the DJSI World include Medtronic Inc., Schneider Electric S.A. and Societe Generale S.A., while the largest deletions (by free-float market capitalization) are Coca-Cola Co., Hewlett-Packard Co. and EnCana Corp. All changes will become effective with the open of the stock markets on September 19, 2011.”

3 Comments

  1. Alison Braybrooks

    HP were awarded best CR report in this year's reporting awards http://www.corporateregister.com/crra/
    – they must be feeling confused today

  2. Anonymous

    Your acceptance and score on the DJSI is determined on how diligent you are in responding to the questions and providing the detail needed to support your responses. If the person responding to the data, feels ill or lazy for whatever reason, it can impact your score (lower) which may lead to be excluded. Or the business may have decided not to participate at all as they feel like you do, that they rather compare themselves internally. It is surprisign to see Coca-Cola be off as they publish a strong CSR report and have s strong CSR supply chain program.

  3. Anonymous

    These awards are only as good as the value positive or negative they generate for the business. If stakeholders put value behind participation and score level, then business will participate. Participating for the sake of participating is wasteful energy and effort. Corporations are better off performing against their own performance with a continual improvement process as duty of care.

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