BSE launches 1st environment friendly equity index

Mumbai : The first environment friendly equity index ‘BSE-Greenex’ was launched in Mumbai. Corporate Affairs Minister Veerappa Moily inaugurated the Bombay Stock Exchange’s new initiative by striking the gong yesterday. The BSE-Greenex is a first of its kind benchmark index, which includes top 20 companies based on Green House Gas Numbers, Free Float Market capitalization and turnover.

This index has been developed by BSE in association with ‘gTrade’ so as to promote green investing, with emphasis on financial performance and long-term viability of companies.