Seven Generations Energy Added to Jantzi Social Index
January 27, 2020, Toronto – Sustainalytics, a leading global provider of ESG and corporate governance research, ratings and analytics, today announced Seven Generations Energy (TSX:VII) will replace Encana Corporation (TSX:ECA, NYSE:ECA) on the Jantzi Social Index (JSI)® effective as of the opening of markets on Monday, January 27, 2020. Encana Corporation is being removed because the company had been delisted from the S&P/TSX Composite Index.
Launched in 2000, the JSI is a market capitalization-weighted common stock index consisting of 50 Canadian companies that pass a set of broad-based ESG rating criteria. In creating the JSI, Jantzi Research, now Sustainalytics, set out to create an index which could be used by institutional investors to benchmark the performance of socially-screened portfolios and by financial institutions to develop investment products such as index mutual funds, exchange traded funds, index portfolios, index futures and options. The JSI’s underlying universe is the TSX Composite Index.
The cumulative performance of the JSI has surpassed that of the S&P/TSX Composite Index and the S&P/TSX 60. For more information on how Sustainalytics constructs the JSI as well as its annual review process, please visit here.
Sustainalytics is a leading independent ESG and corporate governance research, ratings and analytics firm that supports investors around the world with the development and implementation of responsible investment strategies. For over 25 years, the firm has been at the forefront of developing high-quality, innovative solutions to meet the evolving needs of global investors. Today, Sustainalytics works with hundreds of the world’s leading asset managers and pension funds who incorporate ESG and corporate governance information and assessments into their investment processes. With 16 offices globally, Sustainalytics has more than 600 staff members, including over 200 analysts with varied multidisciplinary expertise across more than 40 industry groups. For more information, visit www.sustainalytics.com.
Disclaimer: Company additions to and removals from the JSI® do not in any way reflect an opinion on the investment merits of the company.