ET Index Research raises £1.13m for its transparent carbon index series
8th August 2016
ET Index Research, the Level39 member which provides a low-carbon index series and carbon risk-management tools, has raised £1.13 million from angel and family office investors.
With its risk-management tools , investors are able to identify their exposure to climate and carbon related risks. Each year ET Index Research publishes the ET Carbon Index which rank’s the world’s largest listed companies by their carbon emissions.
ET Index Research are one of the few Level39 member companies which bridge the gap between environmental and financial technology.
Investors can use these indexes to build bespoke investment strategies and to benchmark the performance of their existing strategies.
The ET Low Carbon Index is the only low-carbon index on the market underpinned by a public, fully-transparent ranking of companies.
ET Index CEO, Sam Gill, commented: “The additional funding we have raised will support the launch of some exciting new investor tools to identify, understand and manage their climate and carbon risk exposure. Notably, investors in France are now required to publicly disclose how they are managing the transition to the low carbon economy, and with Mark Carney and Michael Bloomberg’s Task Force on Climate-related Financial Disclosures set to publish global guidelines for investors early next year, we expect an ever increasing number of investors around the world to act on this issue.”