Investment Europe: "ERI Scientific Beta, the smart beta index provider of EDHEC-Risk Institute, has launched new low carbon indices. According to EDHEC’s research, these smart beta indices can reduce the carbon footprint of their equity investments by more than 80%, while at the same time outperforming traditional market indices."
Investment Europe 23/02/2016
"(...) ERI Scientific Beta, the smart beta index provider of EDHEC-Risk Institute, has launched new low carbon indices. According to EDHEC’s research, these smart beta indices can reduce the carbon footprint of their equity investments by more than 80%, while at the same time outperforming traditional market indices. It said the indices are also able to create more than 50% additional value in the medium term. EDHEC Risk Institute’s approach seeks to outperform the stock markets through the higher returns of shares in firms having a better carbon footprint, because these firms are supposedly less affected by the rising cost of fossil fuels and the tons of carbon emitted, but that, in the short and medium term, aim to produce a similar performance to that of traditional stock market indices. (...)"
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