How can index benchmarks better align with net zero?
Here’s a note from the “Institutional Investors Group on Climate Change” (IIGCC):
How can index benchmarks better align with net zero? Our latest report (also see our “Insight”) draws on the expertise of more than 30 investors, who assessed the net zero benchmarks market and the impact of EU Paris-Aligned and Climate Transition Benchmark regulations. The working group then invited eight leading index providers to outline their current offerings. The result? Five principles that we believe can improve the quality of future net zero benchmarks. The report contains reasoning and suggested actions for each principle, as well as a detailed comparison of the net zero offerings of participating index providers.