I've been complaining about sustainability and CSR rankings a lot recently, mostly because they are inherently flawed. But now we get to try this on for size:
Apparently there's an issue in the software used to determine company scores on the Dow Jones Sustainability Index. And get this: it means some companies may have 'inadvertently been allowed' onto the index when they shouldn't have been.
Right. Considering that the DJSI is one of the most powerful determinents of investment strategy in the world, this is not good news. In fact, it's treacherous and nauseating news.
Maybe this can explain Halliburton's newly minted place on the ranking this year?
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