ASX : Net-Zero Gold ETF Readies for Launch in Australia
By Dieter Holger Financial technology startup Trovio plans to launch one of the world's first exchange-traded funds invested in gold that targets net-zero emissions, combining two of the most popular ETF trends in recent years. The company said Monday that its upcoming GoldZero ETF, jointly developed with sustainable commodities firm Xpansiv, is backed by carbon offsets and will list on the Australian Securities Exchange. To cut emissions, carbon offsets commonly involve investing in tree planting and other environmental projects. Each carbon offset credit typically equals one ton ...