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FTSE Group (“FTSE”), the global index provider today announces the launch of new capital investment tools to help investors identify and gain exposure to the rapidly growing environmental technology sector. The pioneering move comes at a time when climate change and environmental concerns are at a global high and clean technology opportunities are of increasing interest to investors worldwide.
Climate change is a key issue on political agendas across the globe, in turn creating new investment opportunities in low carbon sectors. The new tools aim to support global capital markets’ response to developing a low carbon economy. They include the world’s first global environmental markets industry classification system, designed to allow companies to be classified by sector and sub sector according to the environmental products and services they provide. In addition, seven new equity indices which use the new environmental markets classification have also been created.
The introduction of the classification system allows those companies who provide essential environmental products, activities and services, to be identified more easily, facilitating a peer to peer comparison on a global, regional and pan-regional basis. The system also provides a basis for the creation of sector based investment products such as ETFs, mutual funds and derivatives products.
The seven new indices cover the following markets:
- FTSE Environmental Opportunities UK Index
- FTSE Environmental Opportunities UK AIM Index
- FTSE Environmental Opportunities US Index
- FTSE Environmental Opportunities Japan Index
- FTSE Environmental Opportunities Europe Index
- FTSE Environmental Opportunities Asia Pacific Index
- FTSE Environmental Opportunities Asia Pacific ex Japan Index
Donald Keith Deputy CEO, FTSE Group commented “FTSE is proud to provide investors across the globe with tools to guide their investment decisions in the exciting growth area of environmental markets. As a proven leader in indexing, we aim to continue to provide innovative products that enable investors to assess and analyse markets with accuracy and precision”
