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Solactive launches climate change index with Barclays

Source: Solactive

Solactive today announces the launch of the Solactive Climate Change Europe BTI Index. Returns of the new index are available to investors through products exclusively offered by Barclays.

Using unique scientific data by right. based on science, the index has been designed to meet the needs of investors looking to explore investment opportunities arising from the global move to a lower-carbon economy. It tracks European companies with low global warming impacts - measured in degrees Celsius - and maximizes investor exposure to companies with emission reduction targets.

The index is also designed to enhance return profiles by applying additional smart beta filters, only including stocks with both lower volatility and a consistent track record of growing dividends.

Timo Pfeiffer, Chief Markets Officer, at Solactive said:

“With ESG as the main trend in the markets, it is fair to say that climate transition strategies are those in the spotlight. Working with two close partners, the teams at Barclays and right. based on science with their innovative climate impact data, resulted in this investable index with improved degree Celsius impact traceable down to the individual company level.”

Arnaud Heckenroth, Head of Equities Structuring EMEA, at Barclays, said:

“Climate-aware investment strategies have never been so important and Barclays is proud to have worked with Solactive to provide this efficient investment solution, uniquely aligned with the objective of the Paris Agreement to keep the increase in global average temperature to below 2°C above pre-industrial levels.”

Underlying the Solactive Climate Change Europe BTI Index, the Solactive right. Climate AVG Target Europe Index tracks low climate impact companies amounting to 260 constituents out of a universe of 600 of the largest European companies.

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