Calvert Investments on Monday released the reconstituted Calvert Social Index; the list was effective at the close of business on Friday. There are 662 companies in the reconstituted list, with an average weighted market capitalization of $66.4 billion. The previous Index members’ average weighted market capitalization totaled $68.6 billion; the Russell 1000 is $71.4 billion.
The Calvert Social Index, according to the company, is a broad-based, rigorously constructed benchmark for measuring the performance of large, U.S.-based socially responsible companies. As of Sept.16, the four largest sectors in the Index are information technology, financials, health care and consumer discretionary.