Carbon Footprint Floats Index Tracker

Carbon Footprint Investments has unveiled a new tracker fund seeking to combine long-term performance with a measurable effect on carbon reduction.

Carbon Footprint Investments has unveiled a new tracker fund seeking to combine long-term performance with a measurable effect on carbon reduction, What Investment reports. The Carbon Footprint U.K. 350 Equity Index Tracker fund will track the performance of the U.K. 350 Carbon Optimized index. The vehicle will be managed by BNP Paribas. BNP Paribas will use data provided by emissions data provider, Trucost, to weight the fund towards more carbon-efficient companies.

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