Wall Street PR

Alcatel (NYSE:ALU) Named As world’s Largest Provider Of Financial Market Indices In The World

Boston, MA 09/16/2013 (wallstreetpr) – Alcatel-Lucent SA (ADR) (NYSE:ALU) provides innovations and products in IP and cloud networking and ultra-broadband wireless and fixed access to service providers and their enterprises, customers and institutions across the globe.

S&P Dow Jones Indices named Alcatel as world’s largest provider of financial market indices in the world, in Dow Jones Sustainability Indices review in the 2013.

Key Facts

DJSI/Robeco SAM in 2013 report on Alcatel-Lucent noted that company’s 10% patent are committed to green innovation and said  “Alcatel-Lucent and its research organization Bell Laboratories have consistently defined standards in eco-innovation in the information and communications technology (ICT) industry.”

In 2012 the company introduced the Alcatel-Lucent Life Cycle Assessment (LCA) estimator as mentioned in the report; it is a tool that provides product carbon footprint data on new products, and is developed together with the iNEMI industry consortium.

The DJSI report further noted that Alcatel-Lucent is also working with other players in the industry through initiatives like the GreenTouch Consortium and the Centre for Energy-Efficient Telecommunications and is also actively funds university collaborations for green research. Alcatel-Lucent has consistently made to the Dow Jones Sustainability Indices this being the third time. In 2011 it was named in CMT Communications Technology Sector as a leader in performance and in 2012 the company was named Technology Supersector Leader.

The Dow Jones Sustainability Indices was launched in 1999 and tracks the financial performance of the sustainability-driven companies across the globe. With assistance of RobecoSAM and Dow Jones Indexes it provides asset managers with objective and reliable benchmarks to manage portfolios. The index also assesses other sustainability areas that include human resources management, environmental, philanthropic and community support.

The stock of the company has gained by 155.56% since the beginning of the year. The stock is highly volatile with a Beta of 2.39.

Published by Fiona Gibson

Fiona is a finance graduate and an expert in analyzing market trends.