Solactive and CK launch low carbon indices
Index provider Solactive and Corporate Knights Capital (CK) have teamed up to launch a family of low carbon indices, aiming to combine access to best in class companies in carbon intensive sectors with maintaining benchmark exposure for companies in all sectors.
Steffen Scheuble, CEO of Solactive, comments: “We are pleased to launch this innovative family of indices with Corporate Knights as demand from the market for sustainable investment solutions keeps increasing, while investors’ awareness and interest for that theme have considerably improved over the past few years.”
The new indices available include: Solactive CK Low Carbon U.S. Index, Solactive CK Low Carbon Europe Index, and Solactive CK Low Carbon Canada Index, all indices are based on the Sustainable Industry Classification system established by the Sustainability Accounting Standards Board.
Another defining feature of these Low Carbon Indices is that they ensure a minimum 50% reduction in carbon intensity against the market benchmarks, as verified by South Pole Carbon.