For the second time in a row,
), has been honored with the carbon-neutral status. It is the only
exchange operator to receive this status consecutively.
The status was bestowed upon the company in view of its recent
purchases of renewable energy credits ("REC"s) and carbon offsets
("CO"s), in an effort to improve its energy efficiency measures.
CodeGreen Solutions, a consulting firm, brokered the purchase for
The RECs procured from Green Mountain Energy Company, an
operating subsidiary of
NRG Energy, Inc.
), and the COs acquired from 3Degrees, helped NYSE receive the
carbon-neutral status last year as well.
Last year in September, NYSE Euronext also received the Dow
Jones Sustainability Index and the Carbon Disclosure Project's
S&P 500 Leadership Index for the second time, thus adding to
its list of accomplishments.
Such distinctions further encourage the company to reduce its
carbon impact and trim down energy usage. It also speaks highly of
its efforts of efficiently operating its business by complying with
all regulations, keeping in mind the best interests of the
We believe these will not only help NYSE Euronext retain
investor confidence but also aid it to write more business going
forward, thereby augmenting the results.
We maintain a long-term Neutral rating on NYSE Euronext, which
is backed by a short-term Zacks #3 Rank (Hold). Its peer
Nasdaq OMX Group Inc.
) also retains a Zacks #3 Rank (Hold).
NASDAQ OMX GRP (NDAQ): Free Stock Analysis
NRG ENERGY INC (NRG): Free Stock Analysis
NYSE EURONEXT (NYX): Free Stock Analysis Report
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