Taipei Exchange (TPEx) and FactSet UK Limited (FactSet) have agreed to collaborate on the development and production of a series of benchmark indices focused on climate resilience. The two parties’ agreement, signed on Aug 18, kicks off the first of a series of groundbreaking launches in the climate investing arena for the Asia-Pacific region.
In launching the benchmarks, TPEx and FactSet will turn to Entelligent Inc. for the indices’ underlying models. The TPEx FactSet climate index series will employ Entelligent’s U.S-patented T-Risk model to measure constituent securities’ financial resilience as they make the transition to lower carbon climate scenarios.
Following the kick-off of its collaboration with FactSet, TPEx will launch a series of climate resilience indices to further raise public awareness about climate issues, and to provide investing opportunities to investors in Taiwan.
FactSet is a leading global data and analytics provider that delivers financial data, analytics and open technology to over 7,000 global clients, including over 180,000 individual users. Its RBICS industry classification system is widely utilized by index companies.
Entelligent, whose data is available on the FactSet Workstation, is an independent pure-play provider of climate risk and investing data and analytics. Its patented technology makes the company the essential player in climate compliance and quantitative investment evaluation.