Bumi Armada Included in Dow Jones Sustainability Index for Emerging Markets
11 March 2013 – Bumi Armada has been included in the Dow Jones Sustainability Emerging Markets Index (DJSI Emerging Markets) which was launched on Feb 21 by RobecoSAM, the investment specialist focused exclusively on Sustainability Investing, and S&P Dow Jones Indices, the world’s largest provider of financial market indices.
Out of a total of 800 emerging market companies that were eligible to participate in the 2012 survey, 69 were identified as sustainability leaders in their respective sector and selected for index membership. As a result, the DJSI Emerging Markets tracks the performance of those leading companies from 20 developing economies.
Alka Banerjee, Vice President of Global Equity Indices at S&P Dow Jones Indices, said: “An important strategic reference point for sustainability investors around the globe, the DJSI are continuously advanced to respond to market trends and requirements. The DJSI Emerging Markets, the first index of its kind in the market, is launched in response to the evolving needs of the global investment community.”The DJSI Emerging Markets offers investors a tool for measuring the performance of companies that RobecoSAM has recognized as leaders compared to their peers in terms of corporate sustainability and it also provides an effective engagement platform to encourage companies from emerging markets to adopt sustainable best practices.