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

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.