Benefits and Pensions Monitor: "In early 2015, ERI Scientific Beta launched a series of low carbon smart beta indices that enable institutional investors to significantly reduce the carbon intensity of their equity investments, while at the same time outperforming traditional market indices."
Benefits and Pensions Monitor 28/09/2016
"(...) ERI Scientific Beta has signed the United Nations-supported Principles for Responsible Investment (PRI). Forerunners in the domain of socially responsible investment (SRI) and low carbon smart beta investing, the EDHEC-Risk Institute and ERI Scientific Beta have been providing a custom SRI smart beta index to the additional pension scheme for French civil servants, ERAFP, since June 2011. In early 2015, ERI Scientific Beta launched a series of low carbon smart beta indices that enable institutional investors to significantly reduce the carbon intensity of their equity investments, while at the same time outperforming traditional market indices. The exclusion from the index of the largest carbon emitters, the worst firms in terms of carbon intensity in each sector of activity, and the largest holders of fossil assets, guarantees that these indices have a strong positive impact on the environment by weighing on the value of the stocks of the excluded firms, thereby obliging them to change their strategy or their production process in order to be removed from the exclusion list. (...)"
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