Sustainalytics Announces 2018 Changes to the Jantzi Social Index
March 12, 2018, Toronto – Sustainalytics, a leading global provider of ESG and corporate governance research, ratings and analytics, today announced several changes to the Jantzi Social Index (JSI) as part of its annual review process. The changes will take effect at the open of trading on March 19, 2018.
As a result of the annual review process, Wheaton Precious Metals Corporation (TSX:WPM), Chartwell Retirement Residences (TSX:CSH.UN) and First Capital Realty Inc. (TSX:FCR) will be added to the JSI. Ensign Energy Services Inc. (TSX:ESI), Labrador Iron Ore Royalty Corporation (TSX:LIF) and Nutrien Ltd. (TSX:NTR) will be removed from the 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.