ACC cuts carbon intensity of investments by half

ACC's Paul Dyer says investment managers are very driven by benchmarking their performance. (Image: ACC)

Wed, 05 Oct 2022

ACC has reduced the carbon intensity of its equities investment portfolio by 49% in just three years and is now putting more pressure on its investment managers to go further still.The government-owned corporation recently announced it was adopting new low-carbon benchmarks to measure performance for most of its listed equities investments.ACC is adopting the MSCI ACWI Low Carbon Target Index (ACWI LCTI) as its global equities benchmark. The index is a benchmark for investors who wish to manage potential risks associated with the transition to...

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