Lyxor ETF has launched four new equity ETFs designed to “meet and exceed” the EU Paris-aligned benchmarks’ minimum requirements across multiple regions.
The new ETFs track the S&P Paris-aligned Climate indices for Eurozone, European, US and global equities, which adhere to the Task Force for Climate-related Financial Disclosure (TCFD) and target a global warming increase of 1.5 degrees with "no or limited overshoot". Lyxor launches ETF 'ecosystem' to tackle climate change Each portfolio will need to achieve an "absolute decarbonisation trajectory" of 7% year-on-year and seek a 50% reduction in emissions by 2030, a "major milestone" on the path to net-zero 2050. To achieve this, the ETFs will integrate the greenhouse gas emissions o...
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