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ABN Amro gets greener with new index

By Andrew Peck | 29 March 2007
Keywords: abn amro | index | energy | environment

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Firm launches an index to track the renewable-energy sector.

In a bid to not just make money but enhance its reputation as a ‘green’ bank, ABN Amro has launched the world’s first climate change and environment index. Developed by the bank’s private investor-products group, the new equity index will track the performance of select listed companies involved in addressing climate change and environmental issues.

The rules-based index, which will be managed by Standard and Poor’s, comprises of up to 32 stocks involved in a number of environmentally conscious industries ranging from renewable energy, water and waste management to businesses in ...

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