NEW YORK—The latest S&P Dow Jones Sustainability Indices (DJSI) include tire makers Bridgestone Corp., Hankook Tire & Technology Co. Ltd. and Pirelli & C. S.p.A., following a review of economic, environmental and social criteria.
The companies were ranked by their scores on the 2024 S&P Corporate Sustainability Assessment, S&P Dow Jones Indices, a division of S&P Global, announced in December.
Milan-based Pirelli had the top score of 84 among the tire companies and was listed in the World and Europe indices.
Bridgestone, headquartered in Tokyo, scored 74 and was included in the World and Asia Pacific indices.
The World Index represents the top 10 percent of the largest 2,500 companies in the S&P Global Broad Market Index based on long-term economic, environmental and social criteria.
The Europe and Asia Pacific indices track the performance of the top 20% of the 600 largest companies in the S&P Global BMI from their respective regions that lead in sustainability.
South Korean manufacturer Hankook Tire scored a 78 and was included in the Asia Pacific and Korea indices.
The Korea Index includes the top 30 percent of the largest 200 South Korean companies in the S&P Global BMI based on sustainability.
Dow Jones launched the DJSI in 1999. They are float-adjusted market capitalization weighted indices that measure the performance of companies selected using environmental, social and governance criteria.
More than 13,000 companies in 62 industries are invited to participate in the Corporate Sustainability Assessment every year, but only about 3,500 of the largest companies globally are eligible for inclusion in any DJSI.
The DJSI will be renamed the Dow Jones Best-in-Class Indices on Feb. 10.
