Market Consultation on Nuclear Power Exclusion and the FTSE4Good Index
The FTSE4Good Index Series identifies companies that meet globally recognised standards of corporate responsibility and provides a tool for socially responsible investment (SRI). Most companies are included in the index on the basis of a framework of best practice benchmarks. However, a small number of companies are not eligible for inclusion because of the nature of their business activities (e.g. companies involved in arms manufacture, tobacco, and nuclear power).
In a major consultation exercise held by FTSE in 2005, over 75% of respondents indicated that the nuclear power exclusion should be replaced with criteria. This reflects a change in attitudes to nuclear power because of its potential, if limited, role as a transition technology solution to climate change. As a result there seems to be a potential environmental case that existing nuclear power may have a legitimate role to play in low carbon energy supply and, if so, nuclear power companies would have a place in a corporate responsibility index.
The FTSE4Good Policy Committee is therefore seeking views from interested parties on appropriate selection criteria principles for potential inclusion of nuclear power companies in the FTSE4Good Index Series.
Please find links below to the online questionnaire and its accompanying reference document, which will provide a short summary of the background and proposed options. Please read this document and then answer the questions using the online facility. It will take a maximum of 15 minutes to complete the questionnaire.
Participate in the Consultation
All responses will be treated confidentially. If you have any queries relating to the briefing document, the questionnaire or the consultation process please email us.