We are very excited to announce the launch of a new stock index focusing
on public companies from around the world who are working to reduce CO2
emissions. For the past two years, GENI has worked with KLD Research &
to create an index that can serve as the basis for financial products
to attract institutional investors into leading companies who are combating
climate change (press
One hundred firms were selected for their leadership in three categories:
renewable energy, clean technology and efficiency, and future fuels. Since
each sector emits approximately 1/3rd of global carbon dioxide emissions,
these companies also hold the solutions to a more sustainable future for
all. The KLD Global
Climate 100SM includes both large
and small capitalization companies, with broad regional representation
from Asia, Japan, Europe and the US.
With the wind, solar, biomass, fuel cell industries growing significantly
over the past five years, we think this index will attract the world's
largest investors: institutional, pension and mutual fund managers. Recent
meetings indicate their concern for the financial risk from climate change.
They are seeking competitive investment returns that will also encourage
carbon reduction strategies.
This is a significant step for GENI and the world. There are several
people who deserve special thanks: Ralf Ellerman, Sara Kamins and Alexander
Jahn have been exceptional interns doing research and development work.
Our partners at KLD are leaders in providing indexes for socially responsible
investors bringing expertise, integrity and commitment to the project.
I thank you for your continued support,
which makes this work possible.