S&P launches renewables, water indexes

Environmental Finance reports on the new indexes.

“Clean energy, water and infrastructure have evolved as major investing themes,” said David Blitzer, managing director and chairman of the index committee at S&P, a US-based financial services agency.

The S&P Global Clean Energy Index (Download – PDF) is made up of the 30 largest stocks selected from 10 countries, with clean energy as either a significant part, or the primary focus, of their business.

According to S&P, the index would have returned 27.35% over the last year, compared to 17.44% for the S&P Global 1200 Index and 3.44% for the S&P Global 1200 Energy Index.

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