MSCI Launches Climate Indexes to Help Investors Seeking to Align with 1.5°C Paris Climate Pledge
October 27 2020 - 05:00AM
Business Wire
MSCI Inc. (NYSE: MSCI), a leading provider of critical decision
support tools and services for the global investment community,
today announced the launch of the MSCI Climate Paris Aligned Index
Suite.
The eight new indexes build on MSCI’s existing suite of climate
indexes and help investors seeking to tackle climate change
holistically by reducing both their transition and physical risks,
identify green opportunities, and align their investment strategies
with the 1.5-degree warming scenario as targeted by the Paris
Agreement.
Combining expertise and insight from MSCI’s Climate Risk Center,
the indexes include climate data from MSCI’s Climate Value-at-Risk
(Climate VaR) tool, scope 3 emissions data, and green revenues1.
The indexes not only incorporate the Task Force on Climate-related
Financial Disclosures (TCFD) recommendations but are designed to
exceed the minimum standards of the EU Paris Aligned Benchmark
designation.
“Climate risks, whether physical or related to the transition to
a lower carbon economy, are changing the risk-return profile of
companies and industries. Extreme weather events pose new risks to
companies’ assets, while carbon-intensive industries are being
forced to undergo transformational change,” said Remy Briand,
Head of ESG at MSCI. “MSCI has been providing investors with
low carbon benchmarks for several years. Now, some of these
investors are looking to deploy a climate strategy that goes beyond
reducing carbon intensity.”
“We have witnessed tremendous interest in ESG and climate
indexes over the past 18 months and continue to see fast adoption,”
said Diana Tidd, Head of Index at MSCI. “As end-investor
awareness and stakeholder pressure rises, institutional investors
increasingly want to invest to affect more systemic, global change
beyond the company or portfolio level. We designed the MSCI Climate
Paris Aligned Indexes to provide a solution for institutional
investors looking to do just that.”
The MSCI Climate Paris Aligned Index Suite forms part of a suite
of MSCI climate indexes available for various investor needs,
including the MSCI Climate Indexes, MSCI Low Carbon Indexes and the
MSCI World Ex-Fossil Fuel Indexes.
For more information, please visit msci.com.
About MSCI Inc.
MSCI is a leading provider of critical decision support tools
and services for the global investment community. With over 45
years of expertise in research, data and technology, we power
better investment decisions by enabling clients to understand and
analyze key drivers of risk and return and confidently build more
effective portfolios. We create industry-leading research-enhanced
solutions that clients use to gain insight into and improve
transparency across the investment process.
The information contained herein (the “Information”) may not be
reproduced or redisseminated in whole or in part without prior
written permission from MSCI. The Information may not be used to
verify or correct other data, to create any derivative works, to
create indexes, risk models, or analytics, or in connection with
issuing, offering, sponsoring, managing or marketing any
securities, portfolios, financial products or other investment
vehicles. Historical data and analysis should not be taken as an
indication or guarantee of any future performance, analysis,
forecast or prediction. None of the Information or MSCI index or
other product or service constitutes an offer to buy or sell, or a
promotion or recommendation of, any security, financial instrument
or product or trading strategy. Further, none of the Information or
any MSCI index is intended to constitute investment advice or a
recommendation to make (or refrain from making) any kind of
investment decision and may not be relied on as such. The
Information is provided “as is” and the user of the Information
assumes the entire risk of any use it may make or permit to be made
of the Information. NONE OF MSCI INC., ARK INVEST, OR ANY OF THEIR
SUBSIDIARIES OR ITS OR THEIR DIRECT OR INDIRECT SUPPLIERS OR ANY
THIRD PARTY INVOLVED IN MAKING OR COMPILING THE INFORMATION (EACH,
AN “INFORMATION PROVIDER”) MAKES ANY WARRANTIES OR REPRESENTATIONS
AND, TO THE MAXIMUM EXTENT PERMITTED BY LAW, EACH INFORMATION
PROVIDER HEREBY EXPRESSLY DISCLAIMS ALL IMPLIED WARRANTIES,
INCLUDING WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A
PARTICULAR PURPOSE. WITHOUT LIMITING ANY OF THE FOREGOING AND TO
THE MAXIMUM EXTENT PERMITTED BY LAW, IN NO EVENT SHALL ANY OF THE
INFORMATION PROVIDERS HAVE ANY LIABILITY REGARDING ANY OF THE
INFORMATION FOR ANY DIRECT, INDIRECT, SPECIAL, PUNITIVE,
CONSEQUENTIAL (INCLUDING LOST PROFITS) OR ANY OTHER DAMAGES EVEN IF
NOTIFIED OF THE POSSIBILITY OF SUCH DAMAGES. The foregoing shall
not exclude or limit any liability that may not by applicable law
be excluded or limited.
1 MSCI’s Climate Value-at-Risk (Climate VaR) tool, scope 3
emissions data, and green revenues data are produced by MSCI ESG
Research LLC. MSCI ESG Indexes utilize information from, but are
not provided by, MSCI ESG Research LLC. MSCI Indexes are products
of MSCI Inc. and are administered by MSCI Limited (UK).
View source
version on businesswire.com: https://www.businesswire.com/news/home/20201027005409/en/
Media Inquiries PR@msci.com Sam Wang +1 212 804 5244
Melanie Blanco +1 212 981 1049 Rachel Lai +852 2844 9315
Investor Inquiries sallilyn.schwartz@msci.com Salli
Schwartz +1 212 804 5306
MSCI Global Client Services EMEA Client Service + 44 20
7618.2222 Americas Client Service +1 888 588 4567 (toll free) Asia
Pacific Client Service + 852 2844 9333
MSCI (NYSE:MSCI)
Historical Stock Chart
From Feb 2024 to Mar 2024
MSCI (NYSE:MSCI)
Historical Stock Chart
From Mar 2023 to Mar 2024