BETHESDA, Md., Nov 12, 2010 (BUSINESS WIRE) -- Calvert's Sustainability Research Department has submitted the following recommendations regarding action within the Calvert Social Index(R). If approved, the following recommendations will be effective when the Calvert Social Index Committee convenes its quarterly meeting in December 2010.
ADDITIONS: Landstar System, Inc. (NASDAQ: LSTR), a company in the Calvert Social Index Universe, has recently been reviewed and now meets the Index's standards for environment. The company has strengthened its commitment to the environment through the adoption and disclosure of additional programs and systems. If approved, the addition will take place in December 2010.
JB Hunt Transport Services, Inc. (NASDAQ: JBHT), a company in the Calvert Social Index Universe, has recently been reviewed and now meets the Index's standards for environment. The company has strengthened its commitment to the environment through the adoption and disclosure of additional programs. If approved, the addition will take place in December 2010.
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 U.S., 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 Distributors, Inc., member FINRA, and subsidiary of Calvert Group, Ltd. (11/10, 10627) SOURCE: Calvert CONTACT: Calvert Melinda Lovins, 301-657-7089 Melinda.Lovins@Calvert.com Copyright Business Wire 2010 -0- KEYWORD: United States
Maryland INDUSTRY KEYWORD: Professional Services
Finance SUBJECT CODE: Mutual Fund