FTSE Russell says 208 companies risk ejection from the FTSE4Good indexes because of their scores against standards introduced this year.
FTSE Russell, one of the world’s leading providers of stock indexes, moved this week to tighten up the rules by threatening hundreds of companies with banishment from their lists over ESG performance.
The moves comes as another signal to boards and corporates that indexes—and their users, investors—are toughening up their approach to climate performance and will increase over carbon emissions.
FTSE Russell says 208 companies risk ejection from the FTSE4Good indexes because of scores against new standards introduced this year. The companies on a warning represent 10% of index members. 105 are from high-emitting industries.
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