Deutsche and Nasdaq create clean tech index

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Deutsche Bank Climate Change Advisors and the Nasdaq OMX Group have created a clean technology index, offering exposure to clean energy, energy efficiency, transport, waste management and water companies.

The DB Nasdaq OMX Clean Tech index consists of 119 companies identified by Deutsche from a global universe of around 4,000. Each company has at least one third of its revenues derived from clean technology within certain geographies and exchanges identified by Nasdaq OMX. 106 of the selected companies have over 50% in clean tech revenues. The constituent companies must also have a market capitalisation of $250m and over $1m average daily dollar trading volume. The index is equal-weighted, in order to give greater exposure to smaller cap companies. The firms have also created a tota...

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