News
Xchanging Joins Ftse4good Global Index
12 Sep 2008
London, 12 September 2008 – Xchanging, the international pure play business processing company, announces its inclusion in the FTSE4Good Global Index, one of the world's most recognised indices for socially responsible investment (SRI). The FTSE4Good Index series was launched in 2001 by FTSE Group, a world leader in the creation and management of indices.
The index provides responsible investors with the opportunity to gain exposure to companies that meet globally recognised corporate social responsibility (CSR) standards. The indices have been designed to identify companies that are working towards environmental sustainability and that are developing positive relationships with their stakeholders.
'CSR is integral to everything we do – from the way we treat our people, customers and suppliers, to the way we interact with the communities and environment in which we operate internationally.' says David Andrews, CEO Xchanging.
Currently, approximately 900 companies have been included in the FTSE4Good Global Index. Qualifying companies are selected bi-annually and the selection criteria are consistently revised according to the current state of SRI and CSR, making qualification more and more difficult.
For further information, please contact:
Angus Stephenson
13 Hanover Square
London W1S 1HN
Direct Line: +44 (0)20 7780 5721
Mobile: +44 (0)7920 751023
Email: angus.stephenson@xchanging.com
Notes to editors:
About Xchanging
Xchanging is a fast-growing international, pure play business processing company with blue-chip customers. Xchanging provides complex industry specific processing to the banking and insurance industries and procurement, finance and accounting, and human resources services to customers across industries.
About FTSE4Good Index Series
FTSE4Good is an innovative series of real-time indices designed to reflect the performance of socially responsible equities. The series, created and managed by global index provider FTSE Group, covers five markets: UK, Europe, Japan, US and Global. Five tradable and five benchmark indices make up the FTSE4Good index series. A committee of independent practitioners in socially responsible investment, (SRI) and corporate social responsibility (CSR) review the indices to ensure that they are an accurate reflection of current CSR best practice.
FTSE Group contributes income including licence fees for FTSE4Good to UNICEF, the global charity.