June 16, 2009

NASDAQ Adds Sustainability Index

Bookmark and Share Email this story Print this post Add your comments

The NASDAQ has joined the trend of tracking companies by their sustainability efforts. The NASDAQ OMX CRD Global Sustainability 50 Index tracks companies on the “leading edge of self-reporting sustainability activities,” said NASDAQ OMX Executive Vice President John Jacobs.

According to a press release, the index tracks a company’s efforts to:

  • produce a publicly available corporate sustainability/responsibility report;
  • disclose compatible sustainability data according to (GRI) G2/G3 guidelines;
  • report at least 20 percent of total core environmental performance indicators;
  • report at least 20 percent of the total core social performance indicators; and
  • report at least 70 percent of the total financial performance indicators.

The index is a partnership between NASDAQ OMX and CRD Analytics.

Earlier this year, the Standard & Poor’s launched the S&P U.S. Carbon Efficient Index, which measures the performance of large cap U.S. companies with relatively low carbon emissions, while closely tracking the return of the S&P 500. The index is part of the S&P’s global thematic index series, which covers green themes including water, forestry, ecology and carbon efficiency.

Bookmark and Share Email this story Print this post Add your comments

Advertisers

Join the Discussion

Reader Comments

Shouldn’t companies in a “sustainability index” be doing more than merely REPORTING???

Get EL Daily in your inbox, subscribe to free newsletter

Recent Daily News [ see all ]

  • 11/20/2009
  • 11/19/2009
  • 11/18/2009

Recent Jobs

Post a Job
Jobs powered by Simply Hired

Comments and Discussions

Gary Markowitz on Supermarkets Tackle Emissions Reductions, Fuel Efficiency
"Supermarkets waste over 10 percent of their energy through improper..."

peter in ireland on Ontario May Follow California’s Lead on TV Energy Efficiency
"Governor Schwarzenegger is shooting himself in the foot! 1...."

Environmental Leader on S. America Takes Most Urgent View of Copenhagen Talks
"The survey respondents (the PDF report mentions 4,000 respondents in 38..."

Jake on UPS Trying New Hydraulic Hybrid Trucks
"A point of clarification: the Reuters press release referenced herein reports that 20 UPS will purchase..."

Custom Organic Shirts on S. America Takes Most Urgent View of Copenhagen Talks
"90% of North Americans believe it is urgent to get a global climate..."

peter dublin on California City’s Green Building Ordinance Applies to Commercial Buildings
"Why energy efficiebnt regulation on buildings –..."