Wednesday, July 18, 2007

Trucost Report Ranks Top Investments by Carbon Emissions

Simon Thomas, Chief Executive of Trucost, said:

“There is a huge range of Carbon Footprints from the best to the worst funds in each category. So if investors want to invest in carbon-efficient funds – and the evidence is that they increasingly do - they are now able to assess whether the fund really is less carbon intensive than its peers.

We expect the impact of carbon costs to increase in future years as regulation increases and this will inevitably have a negative impact on the performance of those companies with relatively large carbon footprints compared to their peers.

Press Release