Trucost News / 30 Oct 2017

S&P Dow Jones Indices Debuts Carbon Metrics on Indices

The Metrics Provide a New Level of Carbon Data Transparency

LONDON, OCT. 30, 2017: S&P Dow Jones Indices (S&PDJI), a leading index provider, is now publishing carbon metrics on the majority of its equity indices, including the S&P Global 1200, S&P 500®, Dow Jones Industrial Average® and environmentally-focused indices including S&P Global 1200 Carbon Efficient Index Family and S&P Global 1200 Fossil Fuel Free Index Family.

S&P DJI is the first index provider to publically display carbon metrics as standard alongside financial data on its indices on a monthly basis. The initiative is part of S&P DJI’s commitment to support ESG transparency enabling market participants to understand, measure and manage carbon risk.

There are three metrics currently available for the indices, using Trucost data and analysis:

  • Carbon Footprint – The metric tons of CO2e (carbon dioxide equivalent) per $1M invested against the index
  • Carbon Efficiency – The metric tons of CO2e per $1M of a company’s revenues against the index
  • Fossil Fuel Reserves – The greenhouse gas emissions that could be generated if the proven and probably fossil fuel reserves owned by constituents were burned, per $1M invested

Hannah Skeates, Senior Director, Strategy and ESG Indices, S&P Dow Jones Indices commented, “As we move towards a low and zero carbon global economy, having carbon metrics as standard is likely to become commonplace. Once market participants understand their carbon exposure, they can begin to find solutions to manage this exposure and potential risk. Whether reducing carbon exposure through a broad market low carbon strategy, or via fossil fuel divestment, S&P Dow Jones Indices has indices – and the carbon metrics to measure it. We are very excited to be at the forefront of bringing this level of transparency and information to the marketplace.”

For more information about S&P Dow Jones Indices, please visit www.spdji.com

ABOUT S&P DOW JONES INDICES

S&P Dow Jones Indices is the largest global resource for essential index-based concepts, data and research, and home to iconic financial market indicators, such as the S&P 500® and the Dow Jones Industrial Average®. More assets are invested in products based on our indices than products based on indices from any other provider in the world. Since Charles Dow invented the first index in 1884, S&P DJI has become home to over 1,000,000 indices across the spectrum of asset classes that have helped define the way investors measure and trade the markets.

S&P Dow Jones Indices is a division of S&P Global (NYSE: SPGI), which provides essential intelligence for individuals, companies, and governments to make decisions with confidence. For more information, visit www.spdji.com.

FOR MORE INFORMATION:

Haw-Yan Man
EMEA Communications
London, UK
(+44) 20 7176 3023
haw-yan.man@spglobal.com

Luke Shane
North America Communications
New York, USA
(+1) 212 438 8184
luke.shane@spglobal.com

Events Connecting the Environment and Finance Through Natural Capital – Dublin 29th April

The financial policy landscape is evolving in response to environmental risk. How can Ireland leverage the natural capital approach to drive investment from capital markets towards better management of assets? Join authors of the Natural Capital Protocol from S&P Global (Trucost) and eftec for a workshop that explores the trends in regulation and market-based...

Find out more
Events Measuring Portfolio Level SDG Impact – World Impact Investing Forum – London 24th & 25th April

The World Impact investing Forum will take place in London on the 24th & 25th April Chris Perceval – Director, Head of Business Development EMEA at Trucost will be speaking at this event on ‘Measuring Portfolio Level SDG Impact’ For more info or details on how to register please click here 

Find out more
Events RI Asia – Japan 10th April 2019

The adoption and integration of ESG into investment and business practices is set to flourish in Japan.

Find out more

VIEW ALL NEWS & INSIGHTS