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CTBC Financial Holding selected for DJSI World Index for the first time

The CTBC Financial Holding has been picked as a component in the Dow Jones Sustainability Indices (DJSI) World Index for the first time, the Taiwan-based financial firm announced on Sept. 7.

It was also listed in the 2017 DJSI Emerging Market Index, the second time the firm was selected in the index after its first entry last year.

The DJSI World Index listing was a recognition of CTBC Financial Holding's performance in business operations, corporate governance, social participation, employee welfare, and environmental protection, the company said in a press release.

CTBC Chairman Yen Wen-long said that the firm has been adopting a business strategy that emphasizes diverse development and has paid attention to enabling communication with and feedback to stakeholders. CTBC has also incorporated ESG (environmental, social, governance) elements into its business model to build a resilient and sustainable financial corporation with a vision for making responsible and sustainable investments, he said.

The DJSI, a joint venture launched in 1999 by Dow Jones of the U.S. and RobecoSAM, is a family of indices evaluating the sustainability performance of the largest 2,500 firms listed on the Dow Jones Global Total Stock Market Index.

The indices are the longest-established group of global sustainability benchmarks, and have become a key reference for investors evaluating sustainability ratings.

The DJSI is based on an analysis of the corporate economic, environmental and social performance of a firm.

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