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Solactive: Makes follow-on investment into climate impact startup right | Fintech InShorts: Latest fintech news, analysis by experts
Monday, December 23, 2024

Solactive: Makes follow-on investment into climate impact startup right

Solactive: Makes follow-on investment into climate impact startup right

  • Solactive has grown to be one of the market leaders in the indexing industry
  • Conducted a follow-on investment in German climate data start-up right. based on science (right)
  • right.’s X-Degree Compatibility (XDC) Model calculates the contribution of companies, financial products (including stocks, bonds, government bonds)
  • The application of the model allows for simple construction of Paris-aligned indices based on a single, forward-looking metric
  • In the fight against climate change, identifying an economic entity’s contribution to climate change holds vital information for its investors
  • Engagement with right. traces back to 2020 when the German index provider made its initial strategic investment

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