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KLD Indexes
Announces Changes to the
KLD Global Climate 100 Index
BOSTON,
MA - December 16, 2005 - KLD Indexes announced today changes to
the KLD Global Climate 100SM
Index (GC 100). KLD Indexes is a division of KLD Research & Analytics,
Inc., an independent investment research firm providing investment
management tools used by professionals to serve clients requiring
investment strategies based on social and environmental responsibility.
Suzlon
Energy Ltd. (BSE: SUEL) replaced Calpine Corporation (NYSE: CPN)
after the close of trading on November 30, 2005. Suzlon is the sixth
largest wind energy producer in the world, with a 42% share of India's
wind market. The company has developed some of the biggest wind
energy facilities in Asia, including the world's largest wind park
with over 200 megawatts of capacity.
Summary of changes
to the KLD Global Climate 100 Index - November 30, 2005
| |
Company |
Theme |
Sector |
Country |
| ADDITIONS |
Suzlon
Energy Ltd. |
Renewable
Energy |
Energy |
India |
| REMOVALS |
Calpine
Corporation |
Renewable
Energy |
Utilities |
USA |
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For a complete list
of constituents as of December 1, 2005, please visit http://www.kld.com/indexes/gc100/index.html.
About
the KLD Global Climate 100 Index
Launched on July 1, 2005, the KLD Global Climate 100SM
Index is a global index designed to promote investment in public
companies whose activities demonstrate the greatest potential for
reducing the current and future environmental impact of climate
change.
The Index includes 100 global companies that
are leaders in providing solutions to climate change. The GC 100
constituents are allocated into three themes: Renewable Energy,
Clean Technology & Efficiency and Future Fuels.
The Index allocates 1% to each of the 100 securities
in the Index to assure that large-cap companies do not unduly influence
the performance. This provides higher exposure to small-cap companies
and lower exposure to large-cap companies than a cap-weighted index.
Each quarter, KLD rebalances the Index to bring each holding back
to 1%. Additions made to the Index between rebalances are given
the weight of the removed company at the time of the change.
About
KLD Indexes
KLD Indexes,
a division of KLD Research & Analytics, constructs indexes for investors
who integrate environmental, social and governance factors into
their investment decisions. Investors, trustees, and consultants
depend on the quality and integrity of KLD Indexes, which are designed
to be transparent, representative and investable. Today, more than
$10 billion is invested in funds based on KLD's family of indexes.
For more information about KLD Indexes, please see
our website (www.KLDIndexes.com)
or contact Priya Khetarpal by phone (617.426.5270 x218) or e-mail
(pkhetarpal@kld.com).
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