The NASDAQ OMX Group, Inc. and the CRD Analytics introduce the NASDAQ OMX CRD Global Sustainability 50 Index which 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.
The NASDAQ OMX CRD Global Sustainability 50 Index is powered by CRD Analytics’ SmartView(tm) system based on over 150 quantitative financial, environmental, and social performance indicators of a global universe of equities. Each component of the NASDAQ OMX CRD Global Sustainability 50 Index must:
-produce a publicly available corporate sustainability/ responsibility report;
-disclose compatible sustainability data according to (GRI) G2/G3 guidelines;
-report at least 20% of total core environmental performance indicators;
-report at least 20% of the total core social performance indicators; and
-report at least 70% of the total financial performance indicators.
The Index is calculated in real-time and began calculation with a value of 1,000.00 on 15 June 2009.
“The NASDAQ OMX CRD Global Sustainability 50 Index tracks the companies on the leading edge of self-reporting sustainability activities,” says John Jacobs, executive vice president, NASDAQ OMX. “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,” says Michael Muyot, president, CRD Analytics. “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.”
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