Merrill Lynch introduced a new index this summer, aimed at identifying
industry sectors that would benefit from improvements in energy
efficiency. It has identified these as the automotive industry, capital
goods, semiconductors, and building materials. Currently, the Energy
Efficiency Index is comprised of 40 companies. "While there has been a clear shift of resources and
investor attention into renewable energy, energy efficiency remains an
area that is relatively underexplored," said Asari Efiong, Merrill
Lynch SRI/Renewable Energy equity analyst. "We believe that energy
efficiency represents a significant market opportunity for investors,
as policy changes look set to force a structural shift in demand."
All contents copyright 2020 Halcyon Business Publications, Inc.