PSEG Added to Dow Jones Sustainability Index
Public Service Enterprise Group (PSEG) (NYSE: PEG) was added to the Dow Jones Sustainability North America Index (DJSI North America). PSEG was one of 125 companies named to DJSI North America, and one of only 10 US electric companies to be included in the index. The DJSI North America comprises the leading 20% of North American companies in terms of sustainability performance. The DJSI measures the quality of a company’s strategy and management and its performance in dealing with opportunities and risks deriving from economic, environmental and social developments and selects leading companies for investment purposes. The results of the DJSI are watched by market participants and are used by asset managers in 16 countries to manage a variety of sustainability-driven portfolios, such as mutual funds.
