Calvert Social Index: Difference between revisions

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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.^[1] 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.^[2] These criteria relate to the environment, workplace issues, product safety, community relations, weapons contracting, international operations, and human rights.^[3]

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.^[4]

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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[1] Clarke, Thomas (2007). International Corporate Governance: A Comparative Approach. London and New York: Routledge. p. 300. ISBN 978-1-134-35088-9.

[2] 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.

[3] 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.

[4] Keinert, Christina (2008). Corporate Social Responsibility as an International Strategy. Heidelberg, Germany: Springer Science & Business Media. p. 52. ISBN 978-3-7908-2024-9.

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 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 investing|ethical]].<ref>{{Cite book|last=Clarke|first=Thomas|url=https://books.google.com/books?id=B8v_hDJTDOYC&q=Calvert+Social+Index&pg=PA300|title=International Corporate Governance: A Comparative Approach|publisher=Routledge|year=2007|isbn=978-1-134-35088-9|location=London and New York|pages=300|language=en}}</ref> 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.<ref>{{Cite book|last=Little|first=Ken|url=https://books.google.com/books?id=yQ0N59fv38gC&q=Calvert+Social+Index&pg=PA216|title=The Complete Idiot's Guide to Socially Responsible Investing: Put Your Money Where Your Values Are|publisher=Penguin|year=2008|isbn=978-1-4406-3650-9|location=New York|pages=216|language=en}}</ref> These criteria relate to the [[List of environmental issues|environment]], [[labor rights|workplace issues]], [[Consumer protection|product safety]], community relations, [[Defense contractor|weapons contracting]], international operations, and [[human rights]].<ref>{{Cite book|last1=Ali|first1=Paul A. U.|url=https://books.google.com/books?id=KbWMN4pnyzMC&q=Calvert+Social+Index&pg=PA152|title=Eco-finance: The Legal Design and Regulation of Market-based Environmental Instruments|last2=Yano|first2=Kanako|publisher=Kluwer Law International B.V.|year=2004|isbn=978-90-411-2310-7|location=The Hague, Netherlands|pages=152|language=en}}</ref>
-This index was created following the success of the [[FTSE KLD 400 Social Index|Domini 400 Social Index]] by KLD Research & Analytics, Inc. The Calvert index is used by many so-called [[socially responsible]] or [[Environmental, social, and corporate governance|ESG]] [[mutual funds]] as a benchmark for their performance.<ref>{{Cite book|last=Keinert|first=Christina|url=https://books.google.com/books?id=de0o4XkPIYYC&q=Calvert+Social+Index&pg=PA52|title=Corporate Social Responsibility as an International Strategy|publisher=Springer Science & Business Media|year=2008|isbn=978-3-7908-2024-9|location=Heidelberg, Germany|pages=52|language=en}}</ref>
+This index was created following the success of the [[FTSE KLD 400 Social Index|Domini 400 Social Index]] by KLD Research & Analytics, Inc. The Calvert index is used by so-called [[socially responsible]] or [[Environmental, social, and corporate governance|ESG]] [[mutual funds]] as a benchmark for their performance.<ref>{{Cite book|last=Keinert|first=Christina|url=https://books.google.com/books?id=de0o4XkPIYYC&q=Calvert+Social+Index&pg=PA52|title=Corporate Social Responsibility as an International Strategy|publisher=Springer Science & Business Media|year=2008|isbn=978-3-7908-2024-9|location=Heidelberg, Germany|pages=52|language=en}}</ref>
-== See also ==
+==See also==
 *[[FTSE4Good Index]]
 *[[MSCI KLD 400 Social Index]]