The FT Wilshire US Large Cap Climate Change 1.5°C Target Index, Nikkei 225 Climate Change 1.5°C Target Index and Hang Seng Climate Change 1.5°C Target Index facilitate investment into companies that aim to meet the strict EU Paris Aligned Benchmark (PAB) requirements.
The index methodology is designed to meet the stringent EU Paris Aligned Benchmark(PAB) standards, delivering a fifty percent emission reduction relative to its underlying benchmark and an absolute year on year reduction of at least seven percent. PAB requirements aim to limit the rise in global temperature to no more than 1.5°C compared to pre-industrial levels.
NACE definition of high climate impact sectors:
Companies involved in the following activities are excluded from the PAB Indexes:
