FTSE Environmental Opportunities Index Series expanded

FTSE Group (FTSE), the global index provider, has expanded the FTSE Environmental Opportunities Index Series with the addition of nine new indices.

Launched in July 2008, the series is derived from the FTSE Global Equity Index Series and includes companies with at least 20% of their business derived from environmental markets and technologies. Constituents are researched by Impax Group plc, an environmental investment company, which has partnered with FTSE to develop a range of indices that cover environmental markets.

The expansion of the index series offers additional granularity by identifying and segmenting the renewable energy, energy efficiency, and water and waste management markets and will appeal to investors seeking to access the growing low-carbon economy.

The new indices are:

• FTSE EO 100 Index (the largest 100 companies included in the FTSE EO All-Share Index)
• FTSE EO Water Technology 30 Index
• FTSE EO Water Technology Benchmark
• FTSE EO Renewable Energy 50 Index
• FTSE EO Renewable Energy Benchmark
• FTSE EO Energy Efficiency 50 Index
• FTSE EO Energy Efficiency Benchmark
• FTSE EO Waste and Pollution Control 30 Index
• FTSE EO Waste and Pollution Control Benchmark

The indices are part of FTSE’s broader Environmental Markets Index Series, including the FTSE ET50 index, which tracks the performance of the world’s largest pure-play environmental technology companies. Together, these indices offer investors a comprehensive set of performance measurement tools with which to track environmental markets.

“The FTSE Environmental Markets indices track the performance of those companies which are best positioned to benefit from the shift to a global low-carbon economy. The expansion of the Environmental Opportunities Index Series offers investors the opportunity to identify those leading global companies within a comprehensive benchmark and tradable index series,” said Will Oulton, head of Responsible Investment, FTSE Group.