Sustainalytics Announces Changes to the Jantzi Social Index
June 17, 2020, Toronto – Sustainalytics, a leading global provider of ESG and corporate governance research, ratings and analytics, today announced changes to the Jantzi Social Index (JSI). The changes will take effect at the open of trading on June 22, 2020.
CAE Inc, Canadian Natural Resources Ltd, and Shopify Inc will be added to the JSI to replace Bombardier Inc, Hudson’s Bay Company, and Shawcor Ltd.
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.
Disclaimer: Company additions to and removals from the JSI® do not in any way reflect an opinion on the investment merits of the company.