State Street Selected for Two Dow Jones Sustainability Indexes
September 20 2006 - 11:05AM
Business Wire
Indexes track financial performance of sustainability-driven
companies State Street Corporation (NYSE: STT), the world's leading
provider of financial services to institutional investors,
announced today that it has qualified for both the World and North
America Dow Jones Sustainability Indexes (DJSI). Launched in 1999,
the DJSI track the financial performance of the leading
sustainability-driven companies worldwide and provide asset
managers with reliable, objective benchmarks to manage
sustainability portfolios. Its results influence the investment
decisions of asset managers in 14 countries who have licensed the
DJSI family as benchmarks for a variety of sustainability-driven
portfolios. The annual review of the DJSI is based on an assessment
of corporate economic, environmental and social performance. State
Street's enhanced environmental management and corporate governance
policies, in addition to its strong citizenship and philanthropy
programs, were among the reasons for its inclusion on the DJSI
indexes. "We're pleased to be listed on two of the Dow Jones
Sustainability Indexes," said Ronald E. Logue, chairman and chief
executive officer of State Street. "Experts agree that
sustainability is a key attribute to a company's overall success
and we are proud to be recognized for our excellence across a broad
range of factors." State Street Corporation (NYSE: STT) is the
world's leading specialist in providing institutional investors
with investment servicing, investment management and investment
research and trading services. With $10.9 trillion in assets under
custody and $1.5 trillion in assets under management as of 30 June
2006, State Street operates in 26 countries and more than 100
geographic markets worldwide. For more information, visit State
Street's web site at www.statestreet.com. More information on the
DJSI, including State Street's sustainability report, can be found
at www.sustainability-indexes.com/.
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