The Climate Impact Index (Negative) tracks investor sentiment towards stock market-listed companies that will be harmed by Climate Change, such as water-dependent agricultural businesses, while the Climate Impact Index (Positive), tracks companies that may benefit from Climate Change such as biotech and renewable-energy businesses.
Bakers’ Joint Managing Director Jeremy Baker said the company had launched the ground-breaking indices because new policies by all levels of government to address Climate Change were already starting to affect business profits and investor returns. “These new indices will help investors who want to protect their portfolios against the invisible hand of Climate Change which is already shaping investment returns through government policies designed to cut greenhouse emissions and encourage alternative energy sources,” Mr Baker said.
The Bakers Climate Impact Index (Positive) contains a basket of companies whose main line of business is likely to benefit from Climate Change including agricultural biotechnology, health, renewable energy, energy technologies, water and environmental sustainability. |