Already a Multi-Trillion-Dollar Market 2025
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Appendix 3:
LSEG definition
of green revenues
“Green revenues” are defined using the London
Stock Exchange Group’s FTSE Russell Green
Revenues Classification System (GRCS), which
covers 10 green sectors, 64 subsectors and 133
micro sectors. The 10 green sectors include:
1. Energy generation
2. Energy equipment
3. Energy management & efficiency
4. Environmental resources
5. Environmental support services
6. Food & agriculture
7. Transport equipment8. Transport solutions
9. Waste & pollution control
10. Water infrastructure & technology
FTSE Russell has developed a proprietary estimation
model to calculate best estimates of green revenues
data, using a structured, transparent and repeatable
process. This is aligned to the European Union
Green Taxonomy.
The Green Revenues data model is applied to nearly
99% of total global market capitalization, capturing
19,000+ public companies across 48 developed
and emerging markets. This ensures coverage of
FTSE Russell’s broadest equity indexes, including
the full range of indexes in the FTSE Global Equity
Index Series and the Russell US Indexes.
Source: London Stock Exchange Group (LSEG).82
Already a Multi-Trillion-Dollar Market: CEO Guide to Growth in the Green Economy
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