Boost Climate Impact, Without Increasing Investment Risk: Impact Cubed’s Client Index Debuts at Climate Week
New York, London — Marking New York Climate Week, Impact Cubed, renowned for bridging portfolio construction and ESG data, proudly introduces the ‘Impact Cubed SmartESG Global Sustainability Index’.
Calculated by Solactive, the index was developed in collaboration with the pension plan of a top European financial institution. The index marries uncompromising fiduciary standards with optimal ESG outcomes, redefining what it means for asset owners to be ambitious with their climate objectives.
Designed to surpass the sub-optimal impact of ‘one-size-fits-all’ ESG and climate-aligned indices, Impact Cubed’s Smart ESG capabilities also empowers pension funds to customise their ESG impact in harmony with their specific values and goals. The result? Indices that deliver more ESG impact with less tracking error.
In addition to 90% reduction in scope 1&2 carbon intensity, Smart ESG designed the index to deliver:
- Superior environmental performance with no additional risk: Sets a new threshold in environmental impact, particularly on carbon, water and waste factors – without increasing tracking error.
- 23% of its holding revenues come from environmentally positive activities: a progression from the MSCI Paris Aligned Index, with no change in tracking error.
More governance and social impact: including better: gender equality, board independence and executive pay ratio than both other ESG benchmarks.
“Aston Chan, Head of Investment Solutions at Impact Cubed noted, “Our Smart ESG Global Sustainability model portfolio encapsulates the future of sustainable investing. By harnessing the power of Smart ESG, investors can achieve superior impact across their customised ESG objectives, without additional risk. This index really shows our portfolio capabilities in action.”
To explore the impact of the index yourself, visit: https://demo.impactcubed.com/analyse/measureimpact/fund/climate/IC-SmartESGGlobal360Sustainability/default/results/latest
Bloomberg Ticker: ICGLSUST Index
About Impact Cubed
London-based Impact Cubed, delivers leading ESG impact data and portfolio solutions. Their data, both factorised and quantitative, offers a clear alternative to traditional ESG scores. They provide extensive datasets, from biodiversity to SDGs, covering all listed companies, globally. Investors can access and analyse their data via their platform, APIs, and through third-party aggregators.