NASDAQ Green Indexes 10/18/2010 1:03:10 PM

NASDAQ has a a new a family of business indexes that track the green economy. The indexes focus on environmentally-conscientious companies and reflect the economic shift toward sustainable business practices. For the first time, investors will have quality information about the green business sector.

The indexes will be able to clearly benchmark green and sustainable companies so that investors can make informed decisions about buying into businesses that embrace the green economy. The company which owns the NASDAQ and bills itself as the world's largest exchange company, unveiled the first four in a family of indexes tracking companies operating in 13 sectors, including energy efficiency, renewable energy and healthy living. The company said it will launch more green economy indexes in the coming months.

"The NASDAQ OMX Green Economy Index provides a global investment benchmark for institutional and retail investors," John Jacobs, executive vice president of NASDAQ OMX Global Index Group, said in a statement. "Amid the transition from a fossil based economy to the sustainable nature of the green economy, NASDAQ OMX continues to play a leading role in benchmarking the companies and sectors that are engaged in developing environmentally enhancing goods and services."

The sectors tracked are:

  • Advanced materials
  • Bio/clean fuels
  • Energy efficiency
  • Financial
  • Green building
  • Healthy living
  • Lighting
  • Natural resources
  • Pollution mitigation
  • Recycling
  • Renewable energy generation
  • Transport
  • Water

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