In a press release distributed on June 6. 2016 FTSE Russell announced “the launch of its Green Revenues (LCE) data model, which captures shifts in the revenue mix of companies that generate revenues from green goods, products and services. FTSE Russell has also launched the Green Revenues Index Series based on the new LCE data model, which is designed to provide investors with indexes capturing managed exposure to companies engaged in the green transition.”
The Green Revenues Index Series is “based on the new LCE data model, which is designed to provide investors with indexes capturing managed exposure to companies engaged in the transition on a country, regional or global basis. The initial ten indexes will cover the key FTSE and Russell universes, including the Russell 1000® and 2000®; the FTSE All World, developed and emerging indexes; the FTSE All Share in the UK; and the FTSE China Index Series. The indexes will also provide the basis for a series of exchange-traded products.”
You may read the press release on the FTSE Russell internet site.