Canadian Benchmark Jantzi Social Index Announces Fund Changes
Sustainalytics has announced changes to the Jantzi Social Index (JSI) based on an annual review. The index of 60 Canadian ESG leaders acts as a performance benchmark for institutional investors and financial institutions, and is based in the TSX 60 Index. The new company additions, added effective March 18, 2013, are Corus Entertainment, Enerplus Corporation, Labrador Iron Ore Royalty Corporation, New Gold, Inc., and ShawCor Ltd. According to Sustainalytics, Labrador Iron Ore Royalty Corporation reflects the strong ESG performance of joint venture partner Rio Tinto and has a high representation of women in senior management, while New Gold is known for strong community relations and health and safety records. Media company Corus is noted for establishing a whistleblower program, and seeking LEED Gold certification for their headquarters Corus Quay on Torontoâs waterfront. Enerplus, a five-year Carbon Disclosure Project participant, is actively working to improve GHG emissions tracking. And ShawCor actively and extensively audits its strong Health Safety and Environment policy, correcting any deficiencies. For more details, go to the Jantzi Social Index.