BETHESDA, Md.--(BUSINESS WIRE)--Calvert’s Sustainability Research Department has submitted the following recommendation regarding action within the Calvert Social Index®. If approved, the following recommendation will be effective when the Calvert Social Index Committee convenes its quarterly meeting in March 2012.
ADDITIONS:
Parker Hannifin Corp. (NYSE: PH), a company in the Calvert Social Index Universe, has recently been reviewed and now meets the Index’s standards for weapons. If approved, the addition will take place in March 2012.
DELETIONS:
None.
What is the Calvert Social Index?
Calvert, a leader in
sustainable and responsible investing, has created the Calvert Social
Index, a broad-based, rigorously constructed benchmark for measuring the
performance of US-based sustainable and responsible companies.
How is the Calvert Social Index constructed?
Calvert starts
by taking the 1,000 largest companies in the US, based on total market
capitalization, included in the Dow Jones Total Market Index (the “Dow
Jones TMI”). The Dow Jones TMI represents the top 95% of U.S. companies
based on float-adjusted market capitalization, excluding the very
smallest and least-liquid stocks. Calvert's Sustainability Research
Department then analyzes each company. A sustainability audit is
conducted in the following areas: governance and ethics; environment;
workplace; product safety and impact; community relations; international
operations and human rights; and indigenous peoples’ rights. The stocks
that meet the Index’s sustainable and responsible criteria make up the
Calvert Social Index.
For information on any Calvert fund, please contact Calvert at 800.368.2748 for a free summary prospectus and/or prospectus. An investor should consider the investment objectives, risks, charges, and expenses of an investment carefully before investing. The summary prospectus and prospectus contain this and other information. Read them carefully before you invest or send money.
Calvert mutual funds are underwritten and distributed by Calvert Investment Distributors, Inc., member FINRA, and subsidiary of Calvert Investments, Inc. (01/12, 11902)