Press Releases
 
State Street Named To Two Dow Jones Sustainability Indexes For Second Consecutive Year

27/09/2007
 

Boston, September 28, 2007 – State Street Corporation (NYSE: STT), the world’s leading provider of financial services to institutional investors, announced today that it has qualified for both the World and North America Dow Jones Sustainability Indexes (DJSI) for the second consecutive year. State Street is one of only three US-based financial services firms currently listed on both indexes this year.

Launched in 1999, the DJSI track the financial performance of the leading sustainability-driven companies worldwide and provide asset managers with reliable, objective benchmarks to manage sustainability portfolios. Its results influence the investment decisions of asset managers in 15 countries who have licensed the DJSI family as benchmarks for a variety of sustainability-driven portfolios. The DJSI-based investment vehicles include approximately US$5.6 billion in assets under management.

The annual review of the DJSI is based on an assessment of corporate economic, environmental and social performance. State Street received a high assessment for its internal code of conduct, business product offerings with an environmental component and risk management practices, among others.

“Sustainability issues have become increasingly important to a company’s long-term success,” said Ronald E. Logue, chairman and chief executive officer of State Street. “I’m proud that State Street has once again been selected for inclusion in these indexes.”

 

State Street Corporation (NYSE: STT) is the world's leading provider of financial services to institutional investors including investment servicing, investment management and investment research and trading. With $13.0 trillion in assets under custody and $1.9 trillion in assets under management at June 30, 2007, State Street operates in 26 countries and more than 100 geographic markets worldwide. For more information, visit State Street’s web site at www.statestreet.com.

 
 
Back to Press Releases