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SGX and OCBC launch low carbon index that tracks Singapore’s largest companies

Felicia Tan
Felicia Tan3/14/2022 02:32 PM GMT+08  • 3 min read
SGX and OCBC launch low carbon index that tracks Singapore’s largest companies
The index is said to provide investors with an opportunity to reduce the carbon footprint of their investment portfolios.
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Singapore Exchange (SGX) and Oversea-Chinese Banking Corporation (OCBC Bank) have jointly launched the iEdge-OCBC Singapore Low Carbon Select 50 Capped Index on March 14.

The index is said to be first of its kind, and will track the top 50 Singapore or globally-listed companies domiciled or incorporated in Singapore based on their carbon intensity performance.

The top 50 companies are determined by free-float market capitalisation.

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