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Corporate Sustainability Indexes: FTSE -4good Index

Author

Listed:
  • Aferina Skeja

    (University of Prizren)

  • Gulay Keskin

    (Canakkale 18 Mart University)

Abstract

GCorporate sustainability and economic business activities are focused on the social and environmental impacts. In this sense, the economic activity created by the businesses is to pursue social and environmental impacts, and producing information related to these effects is essential for the formation of structure for a sustainable business.Sustainability indices are structures edited on first generation sustainability indicators, which are structures constructed in order to share information with consumers and businesses.The most important benefits are improvements in transparency without the need for regulation of the sustainability index, better understanding of the social and environmental impact of companies and the guidance for arrangements to minimize the negative side effects of company activities.FTSE4Good is a responsible investment index designed to help investors identify companies that meet globally recognised corporate responsibility standards. It is the only index of its kind since it includes specific criteria on the responsible marketing of breast milk substitutes.

Suggested Citation

  • Aferina Skeja & Gulay Keskin, 2017. "Corporate Sustainability Indexes: FTSE -4good Index," Prizren Social Science Journal, SHIKS, vol. 1(1), pages 30-46, December.
    • Handle: RePEc:prj:publsh:v1:y:2017:i:1:p:30-46
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    References listed on IDEAS

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    1. Belghitar, Yacine & Clark, Ephraim & Deshmukh, Nitin, 2014. "Does it pay to be ethical? Evidence from the FTSE4Good," Journal of Banking & Finance, Elsevier, vol. 47(C), pages 54-62.
    2. Hussein, Khaled A., 2004. "Ethical Investment: Empirical Evidence From Ftse Islamic Index," Islamic Economic Studies, The Islamic Research and Training Institute (IRTI), vol. 12, pages 22-40.
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