FOR IMMEDIATE RELEASE
New York, United States, / Zurich, Switzerland, July 15, 2015 – Fossil Free Indexes (FFI), a New York-based provider of financial research and products for carbon-responsible investing, has signed an agreement with South Pole Group (SPG), a global sustainability solutions provider and specialist in greenhouse-gas reduction. The two firms will share research and analytics that will enhance each of their individual offerings.
As a result of this collaboration:
- FFI will publish SPG-generated comparative impact analyses and overall carbon footprints of the Fossil Free Indexes US (FFIUS) index, of its benchmark, the S&P 500, and of The Carbon Underground 200TM (CU200) FFI’s ranking of the 200 global public companies holding the highest CO2 emissions in their reserves of oil, gas, and coal. FFI will provide carbon footprint details to CU200 data subscribers.
- SPG will incorporate FFI screens into their Premium Climate Impact Assessment and Investment GHG Footprint reports. These reports will measure exposure to FFI’s Carbon Underground 200 as well as The Carbon Underground Tar Sands 20 (which ranks the highest potential CO2 emissions of oil sands reserves).
“We believe that working with SPG will allow us to develop additional indexes and investment products that address the carbon footprint of companies across different sectors of the economy”, points out Chris Ito, CEO at FFI. He adds: “SPG’s presence outside the US can allow FFI to reach investors around the world, particularly in European markets where the investor focus on carbon-responsible investing is heightened.“
South Pole Group’s Director Financial Industry, Dr. Maximillian Horster, notes: “FFI and SPG view the agreement as a first step to what could be a broader and closer relationship between our two companies. It is our expectation that this collaboration will enable us not only to exchange data and enhance our client offerings, but also to pursue joint marketing ventures and sales opportunities.”
Fossil Free Indexes provides benchmarks, research, and investment solutions that support carbon-responsible investing. FFI indexes and rankings are licensed for funds, ETFs, and separate accounts, as the basis for investable products and strategies.
South Pole Group is a leading sustainability solution provider with offices around the globe. The company offers a wide spectrum of sustainability services, including climate policy and strategy advisory. Its expertise covers the areas of climate change, forests and land use, water, sustainable cities and buildings, as well as renewable energy and energy efficiency.
Lucy Di Rosa, Director of Communications
Nadia Kahkonen, Communications Manager
+66 2 678 8977 (SPG)
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