Three index providers this week announced new products focused on companies that address environmental issues or show class-leading efforts on sustainability reporting.
FTSE Group has expanded its Environmental Opportunities (EO) index series with five regional indexes, covering the US, Japan, Europe, Asia-Pacific and Asia-Pacific ex-Japan, and two others covering the UK – one including stocks listed on the London Stock Exchange's main market and the other focusing on its small-cap Alternative Investment Market.
The FTSE EO series was launched in June 2008 and in November nine new indexes were added covering the water, renewable energy, energy efficiency, and waste and pollution control sectors. Today's launch means there are now 18 indexes in the EO family, which is based on research by Impax Group, a London-based environmental investment management company.
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