MSCI launches climate change indexes for China stocks

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 7 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 66%

Business News News

Business Business Latest News,Business Business Headlines

MSCI published two climate change indexes on Tuesday that allow investors in China stocks to lean toward companies with lower carbon emissions.

FILE PHOTO: The MSCI logo is seen in this June 20, 2017 illustration photo. REUTERS/Thomas White/IllustrationThe move represents MSCI's efforts to promote environmental, social and governance standards in China, where the government seeks a difficult balance between reducing pollution and sustaining growth in a coronavirus-hit economy.The newly created climate change indexes were based on the MSCI China Index and the MSCI China A Index.

Jack Lin, head of APAC client coverage at MSCI, expects investors to increasingly focus on the climate change indexes.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in BUSÄ°NESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Xinfadi market reopening shows Beijing's effectiveness in curbing virus: China Daily columnistIn the article, the writer says that it took only 12 days for Beijing to cut off the transmission chain from the Xinfadi market cluster outbreak, according to scientific estimation.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »