Advisory Committee

The SRI Index 2009 Advisory Committeeis responsible for considering and advising on principles and operational matters relating to and proposed amendments to the Ground Rules governing the management of the SRI Index and to ensure that, as far as possible, best practice is used in the construction and management of the SRI Index. The Committee is appointed by the JSE, but operates independently of the JSE.
The Committee is responsible for reviewing the selection methodology for constituent companies and the treatment of securities within the Index and may make recommendations arising therefrom to the JSE. As such the Committee oversees the annual review process and advises the JSE on process issues, dealing controversies and borderline issues, while the final decision on which companies are included in the Index, rests with the JSE. In fact, the Committee does not have sight of any results documentation.

The membership of the Committee is intended to be representative of the users of the SRI Index and of the SRI industry. The Committee’s membership therefore includes experts from the social responsibility and sustainability arenas, independent investment professionals, academics and listed companies. The Committee also includes the JSE SRI Index data provider.

No member of the Advisory Committee is a member of the Advisory Committee to represent that member’s employer but rather is there because of that person’s specific expertise in responsible investment or in the principles and criteria used in the SRI Index. Members represent the interests of the financial services industry and the broader economic community generally and as such act as independent experts.

The JSE is very fortunate to have a highly professional and skilled committee for the SRI Index, and wishes to thank members for their contributions to the success of the Index.