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Nasdaq OMX CRD Global Sustainability 50 Index Launches Today

CRD Analyitcs' SmartView system ranks companies on over 150 quantitative factors, including environmental, financial and social performance indicators.

Nasdaq OMX Group and CRD Analytics today unveiled the Nasdaq OMX CRD Global Sustainability 50 Index to enable investors to track the performance of 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, according to the release.

“The Nasdaq OMX CRD Global Sustainability 50 Index tracks the companies on the leading edge of self-reporting sustainability activities,” stated Nasdaq OMX EVP John Jacobs, in the release. “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,” further stated Jacobs.

The index (Nasdaq:QCRD) is powered by CRD Analytics SmartView system based on over 150 quantitative financial, environment, and social performance indicators of a global universe of equities. Each component of the Nasdaq OMX CRD Global Sustainability 50 index must: product a publicly available corporate sustainability/responsibility report; disclose compatible sustainability data according to (GRI) G2G3 guidelines; report at least 20 percent of total core environmental performance indicators; report at least 20 percent of the total core social performance indicators; and report at least 70 percent of the total financial performance indicators.

One of the goals of the index is to make sustainability more investable.“The companies are forced ranked based on a more holistic set of risk-adjusted performance metrics,” stated CRD Analytics’ President, Michael Muyot in the release. “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,” stated

The index is calculated in real time and began calculation with a value of 1,000.00 on June 15, 2009.

Ivy is Editor-at-Large for Advanced Trading and Wall Street & Technology. Ivy is responsible for writing in-depth feature articles, daily blogs and news articles with a focus on automated trading in the capital markets. As an industry expert, Ivy has reported on a myriad ... View Full Bio

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