We are looking for low-carbon, low-ESG-risk equity funds
This past Tuesday, U.S. President Joe Biden signed the Inflation Reduction Act, which, among other things, is focused on reducing the country’s carbon emissions and increasing its use of green energy. With our southern neighbour officially on the low-carbon bandwagon, a complement to Canada’s 2030 Emissions Reduction Plan, investors may be looking to position their portfolios to benefit from this theme.
• Earns Morningstar’s Low Carbon Designation, which is an overall designation based on two of Morningstar’s metrics: Portfolio Carbon Risk Score and Portfolio Fossil Fuel Involvement. To receive the Low Carbon Designation, funds must have a 12-month average Portfolio Carbon Risk Score below 10 and a 12-month average Fossil Fuel Involvement Score of less than 7 per cent of assets
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Matthew Lau: The ESG dilemma over social goodInfusing businesses with social responsibilities is a contentious and confused business, especially for those who want to do well. Read more
Read more »
Investors no longer ‘apocalyptically bearish’, BofA poll saysMonthly survey of global fund managers finds a reduction in a net underweight position in equities
Read more »
Dan Fumano: Vancouver mayoral candidate Ken Sim proposes hiring 100 cops, 100 nurses, in plan rivals call unrealisticRival politicians say the $20 million cost cited by ABC appears way too low
Read more »
Dan Fumano: Vancouver mayoral candidate Ken Sim proposes hiring 100 cops, 100 nurses, in plan rivals call unrealisticDan Fumano: ABC's Sim proposes hiring 100 cops, 100 nurses, rivals call plan unrealistic
Read more »
Best waterproof sandals to order in Canada 2022Take em’ to the beach, wear them to brunch, these low maintenance easy\u002Dto\u002Dwash sandals
Read more »
Best waterproof sandals to order in Canada 2022Take em’ to the beach, wear them to brunch, these low maintenance easy\u002Dto\u002Dwash sandals
Read more »