Climetrics, the world’s first and only independent climate rating for investment funds, supported by EIT Climate-KIC, yesterday recognized ten equity funds as the top performers on climate change in Europe at the CDP Europe Awards in Brussels. This is the first time globally that funds have been awarded for environmental leadership.
The Climetrics fund awards were presented by Helen Spence-Jackson, Head of EU Affairs at EIT Climate-KIC, and Nico Fettes, Head of Climetrics at CDP. Ten equity funds were recognized as the top performers on climate change.
The ranking is based on data from Climetrics. The CDP-data powered tool measures the climate performance of a fund’s stocks, its asset manager’s governance of climate issues, and its investment policy, to help investors find funds well-positioned in the transition to a low-carbon economy.