Global index company FTSE Group, which has offices in New York and San Francisco, has launched the FTSE Environmental Opportunities All-Share Index, made up of over 450 constituents covering alternative energy, water and waste management companies.
The constituents are taken from the FTSE Global Equity Index Series and are included in the index if a minimum of 20% of their revenue comes from environmental markets or technologies. Constituents are researched by Impax Group, an environmental investment company, which has partnered with FTSE to develop a range of indices within the environmental technology space.
The top constituents are: Siemens AG, Suez, ABB, United Technologies, 3M Co., ENEL, Emerson Electric, Honeywell International Inc. and Koninklijke Philips Electronics.
‘Environmental investment is a compelling growth story now firmly in the mainstream,’ says Ian Simm, CEO of Impax. ‘To reflect this, it needs a credible benchmark. We are delighted to continue this partnership with FTSE, marrying their index expertise and our in-depth sector knowledge.’
SOURCE: FTSE Group