Breaking News: Semi-annual Changes to the NASDAQ OMX CRD Global Sustainability Index
05:50 Age: 5 yrs
05.19.15
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Source:  CRD Analytics

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The Governance & Accountability Institute Would Like To Call Your Attention To Its Long Term Strategic Partner - CRD Analytics And The Semi-Annual Re-Balancing Of The NASDAQ CRD Global Sustainability Index, Effective May 18, 2015.

New York, NY, May 18, 2015
— The NASDAQ OMX Group, Inc. (NASDAQ:NDAQ), and CRD Analytics today announced the results of the semi-annual re-ranking of the NASDAQ OMX CRD Global Sustainability Index (NASDAQ:QCRD), which will become effective prior to market open on Monday, May 18, 2015.

 

The following nine securities will be added to the Index: Adobe Systems Inc. (NASDAQ:ADBE), Autodesk Inc. (NASDAQ:ADSK), Campbell Soup Company (NYSE:CPB), Consolidated Edison Inc. (NYSE:ED), DIRECTV (NASDAQ:DTV), FedEx Corp. (NYSE:FDX), NRG Energy Inc. (NYSE:NRG), Tesla Motors Inc. (NASDAQ:TSLA), Verizon Communications Inc. (NYSE:VZ).

 

The NASDAQ OMX CRD Global Sustainability Index (NASDAQ:QCRD) is an equally weighted equity index that serves as a benchmark for stocks of companies that are taking a leadership role in sustainability performance reporting and are traded on a major US stock exchange. The Index is made up of companies that have taken a leadership role in disclosing their carbon footprint, energy usage, water consumption, hazardous and non-hazardous waste, employee safety, workforce diversity, management composition and community investing. These are companies that are voluntarily disclosing their current environmental, social and governance risks as well as their revenue opportunities and how it will affect future performance according to the Global Reporting Initiative G3.1/G4 Guidelines.  The securities must also meet other eligibility criteria which include minimum requirements for market value, average daily share volume, and price. The Index is evaluated on a semi-annual basis in May and November. For more information about the NASDAQ OMX CRD Global Sustainability Index, including detailed eligibility criteria, visit https://indexes.nasdaqomx.com/.

 

As a result of the re-ranking, the following nine securities will be removed from the Index: Hess Corp. (NYSE:HES), Exxon Mobil Corp. (NYSE:XOM), Royal Dutch Shell (NYSE:RDS.A), Statoil ASA (NYSE:STO), ENI (NYSE:E), Rio Tinto PLC (NYSE:RIO), Vale SA (NYSE:VALE), NetApp Inc. (NASDAQ:NTAP), Petroleo Brasileiro SA Petrobras (NYSE:PBR).

 

About Nasdaq Global Indexes

Nasdaq Global Indexes has been creating innovative, market-leading, transparent indexes since 1971. Today, our index offering spans geographies and asset classes and includes diverse families such as the Dividend Achievers, Global, Nordic, Green Economy, Sharia and Commodity Indexes. We continuously offer new opportunities for financial product sponsors across a wide-spectrum of investable products and for asset managers to measure risk and performance. Nasdaq Global Indexes also provides custom index services and design solutions to selected financial organizations. For more information about Nasdaq Global Indexes, visit indexes.nasdaqomx.com.

 

Daily index values, weightings and historical data for Nasdaq indexes are available via Nasdaq Global Index Watch and Nasdaq Global Index Data Service.

 

About Nasdaq

Nasdaq (Nasdaq: NDAQ) is a leading provider of trading, exchange technology, information and public company services across six continents. Through its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today’s global capital markets.  As the creator of the world’s first electronic stock market, its technology powers more than 70 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. Nasdaq is home to more than 3,500 listed companies with a market value of over $8.8 trillion and more than 10,000 corporate clients. To learn more, visit http://www.nasdaq.com/ambition or www.nasdaqomx.com.

 

About CRD Analytics
CRD Analytics is a leading provider of independent sustainability investment analytics.  Using its proprietary SmartView® 360 Platform, CRD Analytics empowers its clients with actionable and performance-driven information distilled from large sets of complex data including financial, environmental, social, and governance information. CRD Analytics partners with its clients to construct proprietary index-based products – Exchange-Traded Funds (ETFs), separately-managed accounts, mutual funds and Unit Investment Trusts (UITs). For more information about CRD Analytics, go to http://www.crdanalytics.com.

 

The information contained above is provided for informational and educational purposes only, and nothing contained herein should be construed as investment advice, either on behalf of a particular financial product or an overall investment strategy. Neither The NASDAQ OMX Group, Inc. nor any of its affiliates makes any recommendation to buy or sell any financial product or any representation about the financial condition of any company or fund. Statements regarding Nasdaq’s proprietary indexes are not guarantees of future performance. Actual results may differ materially from those expressed or implied. Past performance is not indicative of future results. Investors should undertake their own due diligence and carefully evaluate companies before investing. ADVICE FROM A SECURITIES PROFESSIONAL IS STRONGLY ADVISED.

 

Media Contacts: Joseph Christinat, Nasdaq

+1.646.441.5121

Josh Machiz, Nasdaq

+1.212.231.5614                                                                    

 

Issuer & Investor Contact: Natasha Selzer, Nasdaq

+1.301.978.8623

 

CRD Analytics Contact:  Michael Muyot

+1.347.415.6243

mmuyot@crdanalytics.com


 

Governance & Accountability Institute is a monitoring, intelligence-gathering and knowledge management center operating at the intersection of powerful forces reshaping relationships between stockholders and stakeholders, and the public corporation. The key players transforming the markets and interacting with corporate management and boards include fund owners and asset managers and their third party advisors-in sovereign wealth funds,socially responsible investment organizations, activist hedge funds, public pension funds, labor union funds, private equity firms, investment banks...and more.

G&A identifies key players, monitors their activities, conducts research, charts the players's influence on capital markets and companies, and provides news and intelligence through G&As "SustainabilityHQTM" advisory services. SustainabilityHQTM resources at the intersections of powerful capital markets players--and the public and private companies they invest in.