Australian Clean Tech Index Performance Update

John O’Brien provides some performance updates to the recently launched Australian Clean Tech Index.

In the report, there is a good explanation of how clean tech sector is different from the traditional Socially Responsible Investments SRI) or Environmental, Social and Governance (ESG) performance.

SRI and ESG look at incremental improvements in company performance and can be seen as ‘operational hygiene measures that find the best in class. Cleantech focuses on companies whose output positively enhances the communities and ecologies in which they reside. It is about doing more good rather than less bad . With over 70 companies falling under the coverage of the Index and with a combined market capitalisation of over $15Bn, the ACT Australian CleanTech Index presents for the first time a picture of the Australian cleantech industry s growth in a single measure.

Comparative Performance of the Index:

Percentage Change
FY06 FY07
JUN’08
YTD CY08
FY08
ACT Australian Clean Tec Index
93.3% 42.9% -1.8% -10.9% -16%
S&P/ASX 200
17.2% 25.4% -8.3% -17.4% -16.4%
S&P ASX All Ord 19.6% 40.4% -12% -20.6% -23%

For a good explanation, sub-sectors, charts of performance and other information download the performance report provided by Australian Cleantech.

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