Showing posts with label Clean Technology Index. Show all posts
Showing posts with label Clean Technology Index. Show all posts

Thursday, March 25, 2010

S&P, TSX Launch S&P/TSX Clean Technology Index

S&P, TSX Launch S&P/TSX Clean Technology Index



TORONTO, Mar 25, 2010 (Investorideas.com renewable energy/green newswire ) Standard & Poor's, the world's leading index provider and TMX Group Inc., operator of Toronto Stock Exchange (TSX), announced today the launch of the S&P/TSX Clean Technology Index. The S&P/TSX Clean Technology Index measures the performance of companies listed on TSX whose core business is in the development and deployment of green technologies.

"A growing number of investors are interested in the clean technology investing theme," says Jasmit Bhandal, director of S&P Indices in Canada. "This new index provides a gauge for investors to assess the hypothesis that global interest in clean technology will lead to a favourable environment for clean technology companies."

The S&P/TSX Clean Technology Index draws companies from the investable universe of public companies whose activities provide value-added solutions to environmental problems. S&P and TSX chose Jantzi-Sustainalytics, one of the world's leading providers of environmental, social, and governance research and analysis, to develop and maintain the Clean Technology Classification System.
"In building the classification system for the index, our team at Jantzi-Sustainalytics drew on our knowledge of how global environmental trends are impacting capital markets," states Bob Mann, Managing Director, Jantzi-Sustainalytics. "Jantzi-Sustainalytics is a leader in this space and is uniquely positioned to identify the Canadian securities whose core business is in the development and deployment of green technologies."



Jantzi-Sustainalytics screened TSX listed securities according to a methodology which first evaluates companies for inclusion based on involvement in and strategic commitment to five environment themes: Renewable Energy - Production and Distribution, Renewable Energy - Specialized Suppliers, Energy Efficiency, Waste Reduction and Water Management and Low Impact materials and products. We believe it is the first comprehensive index of Canadian companies that are focused on addressing environmental issues such as climate change.



"Toronto Stock Exchange has become a key listing, financing and trading destination for clean technology companies," says Ungad Chadda, Senior Vice President, Toronto Stock Exchange. "The creation of the S&P/TSX Clean Technology Index is a significant step forward for this important new industry sector."



See a complete list of constituents for the S&P/TSX Clean Technology Index below:
TICKER COMPANY
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GNA Gerdau Ameristeel Corp



BRC.UN Brookfield Renewable Power Fund



WPT Westport Innovations Inc



CAS Cascades Inc



NPI.UN Northland Power Income Fund



ATA ATS Automation Tooling Systems



AQN Algonquin Power & Utilities Corp.



RPG Ram Power Corporation



NAL Newalta Corporation



GLV.A GLV Inc A



PCC Plutonic Power Corp



BLD Ballard Power Systems Inc



BLX Boralex Inc A



RCM Ruggedcom Inc.



BU Burcon NutraScience Corp.



WFI WaterFurnace Renewable Energy Inc



INE Innergex Renewable Energy Inc



MPT.UN Macquarie Power & Infrastructure Income Fund



IEF.UN Innergex Power Inc



BPT.UN Boralex Power Income Fund



AZD Azure Dynamics
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About S&P Indices
S&P Indices, the world's leading index provider, maintains a wide variety of investable and benchmark indices to meet an array of investor needs. Over $1 trillion is directly indexed to Standard & Poor's family of indices, which includes the S&P 500, the world's most followed stock market index, the S&P Global 1200, a composite index comprised of seven regional and country headline indices, the S&P Global BMI, an index with approximately 11,000 constituents, and the S&P GSCI, the industry's most closely watched commodities index. For more information, please visit www.standardandpoors.com/indices.



About Standard & Poor's
Standard & Poor's, a subsidiary of The McGraw-Hill Companies (NYSE:MHP), is the world's foremost provider of independent credit ratings, indices, risk evaluation, investment research and data. With offices in 23 countries and markets, Standard & Poor's is an essential part of the world's financial infrastructure and has played a leading role for 150 years in providing investors with the independent benchmarks they need to feel more confident about their investment and financial decisions. For more information, visit http://www.standardandpoors.com



About TMX Group (TSX-X)
TMX Group's key subsidiaries operate cash and derivative markets for multiple asset classes including equities, fixed income and energy. Toronto Stock Exchange, TSX Venture Exchange, Montreal Exchange, Natural Gas Exchange, Boston Options Exchange (BOX), Shorcan, Equicom and other TMX Group companies provide trading markets, clearing facilities, data products and other services to the global financial community. TMX Group is headquartered in Toronto with offices in Montreal, Calgary and Vancouver. For more information about TMX Group, visit our website at www.tmx.com.

About Jantzi-Sustainalytics
Jantzi-Sustainalytics provides leading-edge analysis of environmental, social and governance (ESG) performance of organizations. As a global firm with local expertise, Jantzi-Sustainalytics offers high-quality information on companies, institutions and countries. Through the online research platform clients can access ESG profiles and ratings on more than 2,000 listed companies worldwide. Combined the new Jantzi-Sustainalytics has helped clients become responsible investors for nearly 20 years.



SOURCE: Standard & Poor's Canadian Index Operations
SOURCE: Green News
Jasmit Bhandal, Standard & Poor's, (416) 507-3203,
jasmit_bhandal@standardandpoors.com; David R. Guarino, Standard & Poor's,
(212) 438-1471, dave_guarino@standardandpoors.com; Carolyn Quick, TMX Group, (416)



947-4597, carolyn.quick@tsx.com
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