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iEdge-OCBC Singapore Low-Carbon Select 50 Capped Index tracks the 50 listed companies with the largest market capitalization in circulation and representing the physical and financial economy of Singapore.

As part of the SGX Sustainability Index product line, the index uses an exclusion method to exclude a large number of companies involved in the fossil fuel industry, while maintaining the industry's best choice based on GHG per unit of revenue based on GHG ranges 1 and 2 of greenhouse gas emissions (GHG).

The index, which consists of the top 50 listed companies by market capitalization, has a weight limit to ensure diversification of the investment portfolio. Environmental and carbon intensity data are from Sustainalytics. The index's portfolio decarbonization effect is measured by weighted average carbon intensity (WACI), an indicator recommended by the Task Force on Climate-related Financial Disclosure (TCFD) for asset holders and managers to report to their beneficiaries and clients. Judging from historical data, the index's WACI was reduced by an average of 50% compared to the standard market capitalization weighted index.

The Pioneer Index tracks 50 companies registered or domiciled in Singapore and globally based on carbon intensity performance, providing investors with an opportunity to reduce the carbon footprint of their portfolios. As the SGX Group's ability to compile indices on ESG, low carbon and climate risk continues to improve, the index launched this time will further strengthen the SGX Sustainability Index series.