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The Dow Jones Sustainability Index increases corporate disclosure of chemical substance management.

2017-10-06

The Dow Jones Sustainability Index (DJSI) is increasing its disclosure requirements for corporate chemical substance management. Established in 1999, the DJSI is a joint venture between the Dow Jones Index, STOXX, and Sustainable Asset Management (SAM) in Zurich, Switzerland. It was the world's first social responsibility index to track the top 2,500 companies globally. DJSI will begin requiring companies to disclose more information about the chemicals used in their products. This update is a result of collaboration between the NGO ChemSec and RobecoSAM, a leading provider of information for DJSI's corporate sustainability assessment (CSA). The RobecoSAM CSA is an annual sustainability performance questionnaire for companies, containing approximately 80 to 120 questions depending on the industry, covering economic, environmental, and social issues. The updated CSA questionnaire includes a new product management section requiring companies to provide information on the percentage of the following substances in their products: – Regulated hazardous substances; – Substances of international concern; – Hazardous substances that may become regulated in the future, according to ChemSec's Substitute It Now (SIN) list. As corporate social responsibility has become a mainstream international trend, a company's attitude towards managing hazardous substances in its products better reflects its core values regarding the environment, employee health, and consumer safety, thus providing more comprehensive corporate information to potential investors. Source: Chemical Watch (April 6, 2017) (Compiled by PIDC)

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