{"id":44268,"date":"2015-08-25T01:44:33","date_gmt":"2015-08-24T23:44:33","guid":{"rendered":"http:\/\/beta.next-finance.net\/innovation\/sp-500-catholic-values-index-launched-by-sp-dow-jones-indices\/"},"modified":"2015-08-25T01:44:33","modified_gmt":"2015-08-24T23:44:33","slug":"sp-500-catholic-values-index-launched-by-sp-dow-jones-indices","status":"publish","type":"post","link":"http:\/\/beta.next-finance.net\/en\/innovation\/sp-500-catholic-values-index-launched-by-sp-dow-jones-indices\/","title":{"rendered":"S&#038;P 500 Catholic Values Index Launched by S&#038;P Dow Jones Indices"},"content":{"rendered":"<p>The Index has been licensed to Global X for product development.<\/p>\n<p>The S&#038;P 500 Catholic Values Index is the first Catholic index based on such a prominent benchmark as the S&#038;P 500.<\/p>\n<p>Constituents are screened to exclude companies who are involved in the following activities that are perceived to be inconsistent<br \/>\nwith Catholic values as set out by the US CCB, such as:<\/p>\n<p><quote><\/p>\n<ul>\n<li> Biological weapons, chemical weapons, cluster bombs, landmines<\/li>\n<li> Nuclear weapons \u2013 any exposure to whole systems and strategic par<\/li>\n<li> Conventional Military sales \u2013 companies that have their primary business activity as military products<\/li>\n<li> Child labor employment in the company\u2019s operation or in supply chain<br \/>\n<\/quote><\/li>\n<\/ul>\n<p><em>\u201cSustainable issues represent one of the most important cost and revenue drivers in the modern corporate world,\u201d<\/em> says Julia<br \/>\nKochetygova, Head of Sustainability Indices at S&#038;P Dow Jones Indices. <em>\u201cBy selecting stocks that comply with the US CCB,<br \/>\nthe S&#038;P 500 Catholic Values Index aims to include companies with resilient business profiles by addressing the ethical<br \/>\nchallenges that can make a stronger investment case. We are excited to be working with Global X by licensing this new and<br \/>\ninnovative index to them.\u201d<\/em><\/p>\n<p><em>\u201cAs a client-focused ETF company, Global X consistently strives to find new paths that help support our clients\u2019 businesses,\u201d<\/em><br \/>\nJim Glowina, Regional Consultant at Global X adds.<em> \u201cGlobal X is excited to bring to market a custom ETF, which seeks to<br \/>\nprovide a solution for a client&#8217;s chosen investment strategy.\u201d<\/em><\/p>\n<p><em>\u201cI welcome the creation of the S&#038;P 500 Catholic Values Index and support its specific selection rules. It is important that<br \/>\ninvestors now have a representative measure of the performance of those S&#038;P 500 companies that adhere to the Socially<br \/>\nResponsible Investment Guidelines as outlined by the United States Conference of Catholic Bishops,\u201d<\/em> states Father S\u00e9amus<br \/>\nFinn O.M.I., Chief of Faith Consistent Investing, Oblate International Pastoral Investment Trust. <\/p>\n","protected":false},"excerpt":{"rendered":"<p> S&#038;P Dow Jones Indices (S&#038;P DJI), one of the world\u2019s leading providers of financial market<br \/>\nindices, announced the launch of the S&#038;P 500\u00ae Catholic Values Index which is designed to include the companies within the<br \/>\nS&#038;P 500 whose business practices adhere to the Socially Responsible Investment Guidelines as outlined by the United States<br \/>\nConference of Catholic Bishops (US CCB) and exclude those that do not. <\/p>\n","protected":false},"author":20,"featured_media":44266,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1471],"tags":[1655,1826,1682,1651,1711,1437,1691,2234,1952,1685],"_links":{"self":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts\/44268"}],"collection":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/users\/20"}],"replies":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/comments?post=44268"}],"version-history":[{"count":0,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts\/44268\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/media\/44266"}],"wp:attachment":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/media?parent=44268"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/categories?post=44268"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/tags?post=44268"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}