SHANGHAI - MSCI published two climate change indexes on Tuesday that allow investors in China stocks to lean toward companies with lower carbon emissions.
The newly created climate change indexes were based on the MSCI China Index and the MSCI China A Index. Compared with their parent indexes, the new indexes allocate more weighting to less polluting companies. Jack Lin, head of APAC client coverage at MSCI, expects investors to increasingly focus on the climate change indexes.
MSCI China Climate Change Index outperformed its parent gauge by an annualized 0.4% in the past 6.5 years, MSCI said.
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