News Business & Policy S&P's New Low Carbon Index By Melissa Hincha-Ownby Writer Arizona State University Melissa Hincha-Owny is a business writer who has covered topics ranging from personal finance and corporate social responsibility to parenting. our editorial process Melissa Hincha-Ownby Updated January 07, 2020 The New York Stock Exchange is struggling. (Photo: Michael Daddino [CC by 2.0]/Flickr) Share Twitter Pinterest Email News Environment Business & Policy Science Animals Home & Design Current Events Treehugger Voices Today, the S&P; 500 Index closed down one percent to 676.53. This is less than half of the 52-week high of 1,440.24. The Dow is also down to levels not seen in over a decade. Despite the volatility of the market, there is a growing demand for eco-focused investments. To help answer this demand, Standard & Poor's has announced its newest endeavor, the U.S. Carbon Efficient Index. "Standard & Poor's is the first independent index provider to offer a broad U.S. market index with an environmental focus, reinforcing our position as the premier provider of global thematic focused indices." With the addition of the S&P; US Carbon Efficient Index to the global thematic family, the series will now cover such green themes as Water, Forestry, Eco and Carbon efficiency." Source: David Blitzer, S&P; - PR Newswire The companies included in this new index are large cap U.S. companies currently listed on the S&P; 500 that have a relatively low carbon footprint. Some interesting companies are included in the U.S. Carbon Efficient Index including General Motors, Wynn Resorts and Motorola, Inc.