An S&P news release said the S&P Global Eco
Index provides diversified, liquid exposure to 30 of the
largest publicly listed companies operating in
ecology-related industries, including clean energy
production, water utilities and infrastructure, timber,
environmental services, and waste management.
The S&P Global Eco Index covers 12 countries with an adjusted market capitalization of $376.8 billion, including Brazil, Canada, Denmark, France, Germany, Great Britain, Hong Kong, Japan, Norway, Spain, Switzerland, and the United States.
“Investors the world over have come to understand that climate change and environmental responsibility are pressing issues that may present significant investment risks and opportunities,” said Steven Goldin, Vice President, Portfolio Services for Standard & Poor’s, in the announcement. “By incorporating a diverse range of eco-friendly themes as well as adopting a global approach to a global challenge, the S&P Global Eco Index focuses on companies that have positioned themselves to address these challenges and this will in turn help investors to focus their investment decisions where there are potential environment-related economic benefits.”
To be eligible for inclusion in the S&P Global Eco Index, companies must have a listing on a developed market exchange, a total market capitalization of at least $1 billion, and a three-month average daily trading value of more than $2 million. S&P Global Eco Index constituents must also be a current member of the S&P Global Clean Energy Index, S&P Global Timber & Forestry Index, S&P Global Water Index, or the S&P/Citigroup Global Environmental Services Sector Index.
More information is at www.standardandpoors.com/indices .
« Stock Option Probe Biggest Since Abusive Fund Trading Cases