FTSE AFCM Low Carbon Select Index offers an innovative benchmark for investors wishing to commit capital to companies that actively invest in and promote low carbon activities in the running of their businesses. Since the index includes those companies as constituents that are investing to reduce energy consumption and hence contributing to lower the carbon footprint of the region, it is the best fit and generates the high interest and demand among investors. The index utilises reported CO2 levels of constituents of the starting universe and the final index selection reflects the principles and impact of CO2 levels.
The index tracks the price and total return of selected 40 publicly traded equities in selected countries as defined in the starting universe.
The constituents’ universe includes equities traded in Bahrain, Egypt, Jordan, Kuwait, Morocco, Oman, Saudi Arabia, Qatar, and the United Arab Emirates.
Features & benefits
What you get with Arab Federation of Capital Markets Low Carbon Select Index
- A low carbon ESG index for investors in MENA markets
- Paves the way for the creation of investible ESG products in MENA markets including Equity Traded Funds
- Brings MENA companies together to focus on developing sound ESG values and practices that are now critical for investment decision making across global markets