The S&P BSE CARBONEX aims to provide the investors with an index that is indicative of companies’ commitment to mitigating the effects of climate change and moving forward to tackle the environmental challenges of the coming years.
BSE launched the S&P BSE GREENEX index in February 2012. This index uses S&P BSE 100 universe and is a veritable first step in creating a credible market based response mechanism in India, whereby both businesses and investors can rely upon purely quantitative and objective performance based signals, to assess “carbon performance”. This is a leader’s index that comprises of twenty five companies that are good in terms of the Green House Gases (GHG) emissions including offsetting, Market Capitalization and the Liquidity in the market.
Industry sectors covered by the instrument
Organizations covered by the instrument
Large companies and public sector companies - BSE 100 universe
Type of instrument
Mandatory or voluntary
The geographical scope