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Description

About the Index Carbon Intensity Estimation Methodology Index Methodology Index Performance Frequently Asked Questions Contact

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About the Index

The BSE-GREENEX is the 25th dynamic index hosted on the Bombay Stock Exchange. It is a first of its kind benchmark index, which assess the ‘carbon performance’ of stocks based on purely quantitative performance based criteria. Unlike existing global indices that measure environmental performance through various scaled quantitative criteria, the BSE-GREENEX applies sector specific proprietary algorithms, developed in cutting edge research facilities, to assess energy efficiency performance of various companies based on publicly disclosed energy and financial data. The BSE-GREENEX is a veritable first step in creating an inclusive market based mechanism for the promotion of energy efficient practices amongst the larger business entities in India. BSE Ltd. in close association with gTrade Carbon Ex Ratings Services Private Limited (gTrade) has co-developed the BSE-GREENEX. The mission of gTrade is to create viable market based solutions for industries, investors and governments, to promote energy efficient practices and encourage impact investing in economically and environmentally sustainable businesses. It seeks to achieve its mission by developing and promoting a “green ethos” in high growth developing nations through market based push and pull factors by providing financial tools to investors. The BSE-GREENEX is the outcome of the joint collaboration which consists of 20 largest and most efficient companies on the carbon emissions front from the BSE-100 Index. One of the parameters for measurement of environmental performance used in BSE-GREENEX calculation, and received from gTrade, is emissions intensity viz. total emissions upon total revenue (which is assumed to be a close proxy for energy efficiency). Mandatory disclosures on energy...