Skip to comments.NASDAQ OMX CRD Global Sustainability 50 Index Expands to 100 Companies
Posted on 11/22/2010 7:56:23 AM PST by wheresmyusa
The following fifty one securities will be added to the Index: Cisco Systems Inc. (Nasdaq:CSCO), Microsoft Corp. (Nasdaq:MSFT), Applied Materials, Inc. (Nasdaq:AMAT), General Electric Company (NYSE:GE), Nike, Inc. (NYSE:NKE), Pepsico, Inc. (NYSE:PEP), Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM), Kimberly-Clark Corp. (NYSE:KMB), Medtronic, Inc. (NYSE:MDT), Koninklijke Philips Electronics, N.V. (NYSE:PHG), Royal Bank Of Canada (NYSE:RY), Portugal Telecom SGPS, S.A. (NYSE:PT), STMicroelectronics NV (NYSE:STM), General Mills, Inc. (NYSE:GIS), Freeport-McMoran Copper & Gold, Inc. (NYSE:FCX), Chevron Corp. (NYSE:CVX), Pfizer, Inc. (NYSE:PFE), France Telecom S.A. (NYSE:FTE), Pacific Gas & Electric Co. (NYSE:PCG), Royal Dutch Shell PLC (NYSE:RDS-A), Rockwell Automation Inc (NYSE:ROK), EMC Corp. (NYSE:EMC), The Walt Disney Company (NYSE:DIS), Statoil ASA (NYSE:STO), Canadian Imperial Bank Of Commerce (NYSE:CM), BT Group plc (NYSE:BT), ASML Holding N.V. (Nasdaq:ASML), TransAlta Corp. (NYSE:TAC), Barrick Gold Corp. (NYSE:ABX), ARM Holdings, plc (Nasdaq:ARMH), United Technologies Corp. (NYSE:UTX), Ford Motor Company (NYSE:F), Advanced Micro Devices, Inc. (NYSE:AMD), Life Technologies Corp. (Nasdaq:LIFE), Duke Energy Corp. (NYSE:DUK), Siemens AG (NYSE:SI), E.I. du Pont de Nemours and Company (NYSE:DD), Sasol Ltd. (NYSE:SSL), QUALCOMM Incorporated (Nasdaq:QCOM), Amgen Inc. (Nasdaq:AMGN), Molson Coors Brewing Company (NYSE:TAP), Herman Miller, Inc. (Nasdaq:MLHR), Rio Tinto Plc (NYSE:RIO), Verizon Communications Inc. (NYSE:VZ), Vodafone Group Plc (Nasdaq:VOD), Symantec Corp. (Nasdaq:SYMC), United Parcel Service, Inc. (NYSE:UPS), Repsol YPF S.A. (NYSE:REP), Raytheon Company (NYSE:RTN), Eaton Corp. (NYSE:ETN), Suncor Energy Inc. (NYSE:SU).
"We are very excited to be able to include so many global brands and true leaders in sustainability reporting & performance, we are clearly seeing definitive, quantitative momentum behind authentic Environmental, Social and Corporate Governance disclosure," said Michael Muyot, President and Founder of CRD Analytics.
(Excerpt) Read more at ir.nasdaqomx.com ...
Let’s add this explanation for those readers who don’t know what the Global Sustainability Index means:
The index enables investors to track the performance of the companies that are taking a leadership role in sustainability performance reporting. These companies have voluntarily disclosed their carbon footprint, energy usage, water consumption, hazardous and non-hazardous waste, employee safety, workforce diversity, management composition and community investing. The NASDAQ OMX CRD Global Sustainability 50 Index is the latest index launched by the NASDAQ OMX Global Index Group and underscores its commitment to designing and calculating relevant world-class indexes.
“The NASDAQ OMX CRD Global Sustainability 50 Index tracks the companies on the leading edge of self-reporting sustainability activities,” said NASDAQ OMX Executive Vice President John Jacobs. “With the changing global ecological environment, the component companies are taking positive steps to take advantage of the new economic and regulatory realities we face.”
“The NASDAQ OMX CRD Global Sustainability 50 Index is a landmark in making sustainability more investable. The companies are force ranked based on a more holistic set of risk-adjusted performance metrics,” said CRD Analytics’ President, Michael Muyot. “Using a quant-based, Triple Bottom Line methodology allows companies to be compared on an apples-to-apples basis. This has helped elevate extra-financial analysis into mainstream investing.”
To make a long story short, if you look underneath the hood — It’s all about CLIMATE CHANGE !!
I wonder if Al Gore and friends have something to do with this...