Impax and FTSE in green index launch

The new FTSE Environmental Opportunities All-Share Index will be comprised of some 450 companies in areas such as: alternative energy, energy efficiency, water treatment, pollution control, waste technologies and resources management. Companies must demonstrate that a minimum of 20% of their business comes from environmental markets or technologies in order to be included on the new index, Impax said. Impax notes the area of environmental investment “is now a rapidly developing area of the global economy”. Earlier this year, Impax and FTSE launched the FTSE ET50 Index, made up of th...