SGX Group, a leader in index investing, has partnered with BlackRock to launch the iShares MSCI Asia ex-Japan Climate Action ETF. This ETF enables investors to align their portfolios with low carbon transition goals by accessing top-performing Asian companies committed to reducing carbon emissions. Singapore, a sustainable finance hub, sees this ETF as a crucial tool to direct funds toward climate-conscious projects and companies. It reflects SGX’s commitment to passive investing and its role in developing climate-related market solutions.
Resource: https://esgnews.com/blackrock-sgx-and-msci-launch-us426m-climate-action-etf-in-singapore/