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illuminem summarizes for you the essential news of the day. Read the full piece on ESG Today or enjoy below:
🗞️ Driving the news: Asset manager Robeco has launched a new suite of climate transition-focused equity indices, named the Robeco Climate Equities Indices
• These indices aim to offer investors exposure to companies that support global carbon reduction efforts and cater to various climate investing strategies
🔭 The context: The new indices utilize Robeco’s proprietary tools, including the Climate Traffic Light for Paris Agreement alignment, the SDG Framework for Sustainable Development Goals alignment, and Climate Beta for assessing climate transition risk
• The indices target different investor needs, from low-carbon footprint investments to those aligned with EU Paris-Aligned Benchmarks (PABs)
🌍 Why it matters for the planet: By directing investments towards companies with credible emissions reduction targets and climate transition solutions, these indices encourage businesses to adopt more sustainable practices
• This aligns capital with efforts to mitigate climate change, driving progress toward global net-zero goals
⏭️ What's next: The indices will provide investors with options like the Low-Carbon Climate Leaders Tilt Index, the Paris-Aligned Climate Leaders Tilt Index, and the Climate Leaders Equities Index
• Each index offers a unique focus, ranging from lowering carbon footprints to targeting climate solutions providers
💬 One quote: “We invested in resources to evaluate other climate characteristics of companies, such as their alignment with the Paris Agreement… It’s great that our climate IP is now being made available to an even larger group of investors,” said Lucian Peppelenbos, Climate Strategist at Robeco
📈 One stat: The Paris-Aligned Climate Leaders Tilt Index aims for a carbon footprint at least 50% below the underlying universe and a 7% annual decarbonization rate
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