Weatherford Selected for Inclusion in 2015 MSCI Global Sustainability Index
BAAR, Switzerland, June 30, 2015 /PRNewswire/ -- Weatherford International plc (NYSE: WFT) announced today that it has been named a constituent in the 2015 MSCI Global Sustainability Index Series.
The MSCI Global Sustainability Indexes are free float-adjusted market capitalization weighted indexes designed to provide exposure to companies that have high Environmental, Social and Governance (ESG) performance. The MSCI Global Sustainability Indexes aim to target sector weights that reflect the relative sector weights of the underlying indexes to limit the systematic risk introduced by the ESG selection process. Overall the MSCI Global Sustainability Indexes target coverage of 50% of the underlying MSCI parent index.
As of June 26, 2015, Weatherford was also added into the broad-market Russell 3000®Index. Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies. For more information, please visit Weatherford Investor News.
About Weatherford
Weatherford is one of the largest multinational oilfield service companies providing innovative solutions, technology and services to the oil and gas industry. The Company operates in over 100 countries and has a network of approximately 1,400 locations, including manufacturing, service, research and development, and training facilities. For more information, visit www.weatherford.com.
| Weatherford Contacts |
|
| Krishna Shivram |
|
| Executive Vice President and Chief Financial Officer |
+1.713.836.4610 |
| Karen David-Green |
|
| Vice President – Investor Relations and Corporate Communications |
+1.713.836.7430 |
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SOURCE Weatherford International plc
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