NASDAQ OMX and CRD Analytics launch New Index Tracking Corporate Sustainability Performance

NASDAQ OMX and CRD Analytics launch New Index Tracking Corporate Sustainability Performance - New Benchmark Tracks Companies taking the lead in Sustainability Performance Reporting

 

15/06/09

 

The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) and the CRD Analytics introduced the NASDAQ OMX CRD Global Sustainability 50 Index (Nasdaq:QCRD). 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."

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 June 15, 2009.

NASDAQ OMX is a global leader in creating and licensing strategy indexes and is home to the most widely watched indexes in the world. As a premier, full-service provider, the NASDAQ OMX Global Index Group is dedicated to designing powerful indexes that are in sync with a continually changing market environment. Utilizing its expanded coverage as a global company, NASDAQ OMX has more than 1,500 diverse equity, commodity and fixed-income indexes in the U.S., Europe, and throughout the world.

NASDAQ OMX's calculation, licensing and marketing support provide the tools to measure and replicate global markets. The NASDAQ OMX Global Index Group's range of services covers the entire business process from index design to calculation and dissemination.

For more information about NASDAQ OMX indexes, visit https://indexes.nasdaqomx.com/.

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