Nearly a year ago it sold its 50 percent stake in stock market index and data provider FTSE International Ltd.

FORBES: FT Sale not so Fishy This Season

The bank will now be replaced by one of the companies on the reserves lists of FTSE International, which compiles the stock list.

BBC: Freeserve ejected from FTSE 100

Just days after FTSE International promoted nine technology stocks to the FTSE 100, the City's key share index, these shares went on a downward spiral.

BBC: Tech stock trouble

Once the pool is culled to a few hundred companies, Ethisphere cross-checks it against governance lists from organizations including GovernanceMetrics International and FTSE for Good.

FORBES: The World's Most Ethical Companies

Based on Factsheet data from MSCI and FTSE, this difference will increase the holdings in developed market index funds and reduce the holdings in the total international fund.

FORBES: Vanguard and FTSE Announce their Engagement