B2Gold Corp. Added to Jantzi Social Index
September 17, 2019, Toronto – Sustainalytics, a leading global provider of ESG and corporate governance research, ratings and analytics, today announced B2Gold Corp. (TSX:BTO) will replace New Gold Inc. (TSX:NGD) on the Jantzi Social Index(JSI)® effective as of the opening of markets on Monday, September 23, 2019. New Gold Inc. 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.
About Sustainalytics
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 17 offices globally, Sustainalytics has more than 500 staff members, including over 200 analysts with varied multidisciplinary expertise across more than 40 industry groups. Over the last three consecutive years, investors named Sustainalytics among the top three firms for both ESG and corporate governance research in the Independent Research in Responsible Investment Survey. For more information, visit www.sustainalytics.com.