FTSE, Impax expand environmental index offering

Date : 11/17/2008 @ 7:01AM
Source : TFN
Stock : Impax Group (IPX)
Quote : 35.5  0.0 (0.00%) @ 2:48AM
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FTSE, Impax expand environmental index offering

        LONDON, Nov 17 (Reuters) - Global index company FTSE Group and environmental
index specialists Impax Group have launched nine new environmental indexes of
shares, the companies said on Monday. 
       The new indexes will focus on individual segments of the environmental
markets, and will include companies working in renewable energy, energy
efficiency, water technology and waste management. 
       "The indices track the performance of those companies who are best
positioned to benefit from the shift to a global low-carbon economy," Will
Oulton, FTSE's head of responsible investment, said in a statement. 
       Earlier this year, FTSE Group and Impax launched two larger indexes, an
environmental all-share index and an index made up of the world's biggest clean
technology companies by market capitalisation. 
       "(The indexes) are the building blocks of a mature and liquid marketplace
and help to complete the infrastructure of the environmental markets," said Ian
Simm, CEO of Impax. 
    (Reporting by Michael Szabo; Editing by Anthony Barker) Keywords:
RENEWABLES/FTSE INDEXES     
(michael.szabo@reuters.com; +44 207 542 9242; Reuters Messaging:
michael.szabo.reuters.com@reuters.net)

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