The Calvert Social Index is a stock market index created by Calvert Investments as a benchmark of large companies that are considered socially responsible or ethical.[1] It currently consists of 680 companies, weighted by market capitalization, selected from approximately 1,000 of the largest publicly traded companies in the United States using Calvert's social criteria.[2] These criteria relate to the environment, workplace issues, product safety, community relations, weapons contracting, international operations, and human rights.[3]

This index was created following the success of the Domini 400 Social Index by KLD Research & Analytics, Inc. The Calvert index is used by many so-called socially responsible mutual funds as a benchmark for their performance.[4]

See also

References

  1. ↑ Clarke, Thomas (2007). International Corporate Governance: A Comparative Approach. London and New York: Routledge. p. 300. ISBN 978-1-134-35088-9.
  2. ↑ Little, Ken (2008). The Complete Idiot's Guide to Socially Responsible Investing: Put Your Money Where Your Values Are. New York: Penguin. p. 216. ISBN 978-1-4406-3650-9.
  3. ↑ Ali, Paul A. U.; Yano, Kanako (2004). Eco-finance: The Legal Design and Regulation of Market-based Environmental Instruments. The Hague, Netherlands: Kluwer Law International B.V. p. 152. ISBN 978-90-411-2310-7.
  4. ↑ Keinert, Christina (2008). Corporate Social Responsibility as an International Strategy. Heidelberg, Germany: Springer Science & Business Media. p. 52. ISBN 978-3-7908-2024-9.


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