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NZX carbon efficiency indices 'an obvious thing to do'


ESG investing not going away any time soon.
The chief executive of the New Zealand stock exchange is expecting strong investor interest in new indices which weight the NZX’s biggest 50 companies on their carbon efficiency.
The NZX today launched the country’s first carbon efficient indices together with index provider S&P Dow Jones Indices, called the S&P/NZX 50 Carbon Efficient Index and the S&P/NZX 50 Portfolio Carbon Efficient Index.
Those indices will weigh companies listed on the NZX on their carbon intensity and sector impact, as measured by S&P subsidiary Trucost – an ESG analysis business based in the UK. ....

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Stock Takes: NZX climbs on environmental bandwagon with carbon indices, TIL placement


Stock Takes: NZX climbs on environmental bandwagon with carbon indices, TIL placement
2 May, 2021 10:09 PM
3 minutes to read
NZX has introduced two new indices to recognise companies environmental performance. Photo / Whanganui Chronicle
The NZX has launched New Zealand s first carbon-efficient indices to tap into growing investor demand for environment-friendly stocks.
The exchange said it had launched the indices in partnership with S&P Dow Jones Indices to recognise
investor interest in reducing carbon emissions in addressing climate change.
Two new indices, S&P/NZX 50 Carbon Efficient Index and S&P/NZX 50 Portfolio Carbon Efficient Index, use a Trucost environmental dataset to weigh companies listed on the NZX according to their carbon intensity and sector impact. ....

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