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Dow Jones Sustainability Index 2015: The Improved Online Assessment Interface and an Introduction to the Corporate Sustainability Assessment Zurich, March 2015
Agenda
• Introduction to RobecoSAM and the Dow Jones Sustainability Indices
(Amara Goeree, Sustainability Operations Manager)
• Introduction to the improved Online Assessment Tool & Main Functionalities
(Ida Ljungkvist, Head Sustainability Application & Operations)
• Timeline, Next Steps and Some points for a successful submission
(Ida Ljungkvist, Head Sustainability Application & Operations)
• Q&A
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Introduction to RobecoSAM & the Dow Jones Sustainability Indices
Dow Jones Sustainability Indices (DJSI)
Overview
• Cooperation with S&P Dow Jones Indices for the publication and licensing of the
DJSI, launched in 1999
• Integrated assessment of economic, environmental and social criteria with a
strong focus on long-term shareholder value
• Rules-based methodology and use of primary research
• Focus on best-in-class companies. Yearly review of component selection and
continuous monitoring of companies
• Assurance of the assessment process by Deloitte
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DJSI: Most Recognized Sustainability Index
Which ratings and rankings are experts at least somewhat familiar with?
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Dow Jones Sustainability Index
Carbon Disclosure Project (CDP) Leadership Index
FTSE4Good Index Series
Fortune’s Most Admired Companies
Global 100 Most Sustainable Corporations in the World
Bloomberg Sustainability Reporting Initiative
CR Magazine's 100 Best Corporate Citizens List
World's Most Ethical Companies (Ethisphere)
Sustainalytics Company Profiles and Ratings
GoodGuide
Oekom Corporate Ratings
MSCI ESG Indices
Climate Counts
Vigeo Ratings
GS Sustain
ASSET4 ESG Ratings
Access to Medicines Index
Inrate Sustainability Assessment
5 Source: SustainAbility (2013) “Rate the Raters 2013 – Polling the Experts”
Holistic Analysis: RobecoSAM’s Integrated Research Approach
Corporate
Sustainability
Assessment
Fundamental
company
analysis
and modeling
Investment
decisions
Sustainability
Foresight
&
Insight
Industry and
sector studies
Methodology
development
Sustainability Analysis
• RobecoSAM Indices Cooperation with S&P Dow Jones Indices
• RobecoSAM Asset Management Theme Equity Strategies Core Equity Strategies Clean Tech Private Equity
• RobecoSAM Sustainability Services Company Benchmarking
• RobecoSAM Publications Industry Studies Sustainability Studies
• Robeco Responsible Investment Products
• 3rd Party Cooperation Research Cooperation
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RobecoSAM Corporate Sustainability Assessment
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RobecoSAM’s Unique Model: Company-Sourced Data
Data
Sustain-ability Services
Methodology
Feedback & Insight
Data Provided Directly by Companies
Corporate participation via the DJSI questionnaire
RobecoSAM SI Research
Industry Expertise
Topic expertise
SIMS3 Database
Unique insights from companies are essential
High-quality and detailed information
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Continuous Methodology Development
RobecoSAM SI Research
Methodology Collaborations • CDP • London
Benchmarking Group
• EcoVadis • GRESB
Industry Expertise
Topic Expertise
Methodology Development Company Feedback
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Benefits of Participation
• Benchmarking reports – overview of sustainability performance
• Reputation and brand – DJSI Member Logo & potential Sustainability Yearbook
Inclusion
• Greater buy-in from management on importance of sustainability
• Shares of DJSI Members are recommended for sustainability investing
• Build-up of internal network
• Improvement on sustainability performance and reporting
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Increasing participation of companies in DJSI over the years
RobecoSAM CSA: Participation Trend
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200
400
600
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1000
1200
1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
Self Assessed Companies Participated Company Participation Growth Rate
CAGR: + 7.4%
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RobecoSAM - Sustainability Assessment
Sustainability Methodology Development
• Analysis of scoring results for improvements
• Development of new criteria, modification of questions
Quality Control of Company Submissions
• Ensuring validity of company responses
• Validating supporting evidence
• Verifying consistency of comments and public disclosures
Generation of Sustainability Scores
• Scores generated from answers based on pre-defined rules and weightings
• Validation of scoring results
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S&P Dow Jones Indices
Responsible for Index Calculation
• Index components chosen based on pre-defined rules in the Index
Guidebooks
• Selections based on Global Industry Classification System (GICS)
• Companies are compared within their respective industries
Dow Jones Sustainability Index Selection – Best in Class
• Top 10% performers in each industry form the basis for selection in DJSI
World
• DJSI Regional Indices select top 20% within each industry
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Invitation and Eligibility
Who is eligible for the Dow Jones Sustainability Indices and is invited to
participate in the RobecoSAM Corporate Sustainability Assessment?
• The 2500 largest companies based on free-float market cap are invited for DJSI
World. The starting point for this is the S&P Global BMI
• For the regional indices, the top 600 largest companies in the S&P Global BMI
• For DJSI Emerging Markets, the top 800 largest companies from 23 emerging markets
• The free-float market cap is considered as of end of December the year before
• The full list of eligible companies can be found on
www.sustainability-indices.com
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The DJSI Process and Improved Online Assessment Interface
Registration & Confirmation of Participation
How can I get started and when will I be able to access the questionnaire and
start filling it out?
• The official invitations will be sent out on March 16th
• On March 31th, all invited companies will receive an email sent out from the online
system with instructions
• New companies: you will need to register and sign up for an account
• Returning companies: you only need to confirm your participation
• The 2015 questionnaire will only become available for editing once you have
confirmed your participation by clicking on the link in the email you will receive.
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Managing Your Users & Contact Details (1)
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Managing Your Users & Contact Details (2)
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Administrator vs. User Account
• The administrator account can be used only by one person and has
additional privileges, including:
• Managing users and contact details
• Pre-filling the full questionnaire
• Requesting deadline extensions
• Approving questions
• Submitting the questionnaire
• Viewing reports
• The user account may be used by an unlimited amount of users
simultaneously contributing to the questionnaire
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Pre-filling Previous Year’s Answers
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Managing Your Submission (1)
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Managing Your Submission (2)
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Uploading Documents & Referencing Documents in Questions (1)
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Uploading Documents & Referencing Documents in Questions (2)
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Providing Your Answers
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Submitting Your Response – Deadline for Submission May 28th, 23.59 CEST
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Timeline, Next Steps & Advice for a Successful Submission
March 16
Assessment Process - Overview
Appraisal & selection
Submit your response
Fill out the questionnaire
Register & confirm
participation
Invitation & eligibility
Announcement of new members
March 31 May 28 June - August March 31 – May 28 September 10
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Announcement of Index Members
The new index members are publically announced on September 10
• Members have the right to use the Membership Logo – the usage guidelines are
included in the Approval Form
• Results are communicated through two useful reports
• Company Benchmarking Scorecard
• Industry Overview
• The top performing companies in each of the 24 Industry Groups are highlighted
through sustainability profiles on the website
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Example of Company Benchmarking Scorecard
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Recap: How do I answer the questions in the most efficient way?
• If requested – provide supporting evidence that covers all answers that you have marked
• Remember that the official language of the DJSI is English and that you continously need to update your policy documents
• If you consider a specific question to not be applicable to you, explain why and specifically show that this is related to your business model
• Provide explanatory comments if needed
• Be brief and to the point. Make sure that you provide the most relevant information for the question asked
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Disclaimer
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