Who created the KLD Dividend Achievers Social Index and why?
The KLD Dividend Achievers Social Index is a jointly developed and maintained by KLD Research & Analytics, Inc. and Mergent, Inc. The Index was created to provide SRI investors with an equity income investment option currently unavailable in the market. The DASI methodology leverages the research and index aptitudes of both firms. First, by using the KLD Large Cap SocialSM Index (LCSI) and Domini 400 SocialSM Index (DS400) as the universe of DASI candidates, investors gain exposure to ESG performers. Second, application of the Dividend AchieversTM overlay seeks out those KLD–evaluated ESG performers with the longest records of dividend growth.
