ABN Amro gets greener with new index

In a bid to not just make money but enhance its reputation as a ægreenÆ bank, ABN Amro has launched the worldÆs first climate change and environment index. Developed by the bankÆs 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 PoorÆs, comprises of up to 32 stocks involved in a number of environmentally …