Here is side by side comparison of the stocks in the Dow Jones Index with the largest holdings of Socially Responsible Investing or SRI equity funds as of December 2003* -- see if you can guess which list is which:
LIST
A |
LIST
B |
Microsoft Pfizer Johnson & Johnson Citigroup Intel Cisco Systems Amgen AIG Bank of America Delphi Corporation Medtronic General Electric IBM Fannie Mae Home Depot Procter & Gamble Verizon Communications Comcast Corporation PepsiCo Wells Fargo 3M JP Morgan Chase SBC Communications American Express The Rouse Company Target Corporation Coca-Cola Wal-Mart Hewlett Packard Exxon Mobil |
Microsoft Pfizer Johnson & Johnson Citigroup Intel Alcoa Boeing AIG DuPont Caterpillar Honeywell General Electric Company IBM Walt Disney Home Depot Procter & Gamble Verizon Communications United Technologies McDonald’s Merck 3M JP Morgan Chase SBC Communications American Express Altria Group General Motors Coca-Cola Wal-Mart Hewlett Packard Exxon Mobil |
Answer:
List A is the top equity holdings of the American
companies by SRI mutual funds NCI Database
List B Is the Dow Jones Industrial Average from NCI
Report
Also from
NCI Report:
Wal Mart was held by 33 SRI Funds
Clear Channel was held by 47 SRI Funds
Halliburton was held by 23 SRI Funds
McDonalds was held by 41 SRI Funds
Monsanto was held by 19 SRI funds
And on and on…..
* From page 17 of the Natural Capitalism Institute report on Socially Responsible Investing prepared by Paul Hawken, October 2004: