Bloomberg and MSCI Launch Global, Euro and US Corporate Paris-Aligned Indices

Apr 26, 2022 3:55 PM ET
Press Release

Originally posted on

April 26, 2022 /3BL Media/ - Bloomberg and MSCI announced today the launch of the first indices in their joint Climate Benchmark offering with the Bloomberg MSCI Global, Euro and US Corporate Paris-Aligned Indices. These indices will serve as a benchmark for investors to assess the performance of corporate bond holdings that seek to meet or exceed the minimum standards of the EU Paris-Aligned Benchmark (PAB) label.

The indices combine Bloomberg’s extensive fixed income indices family with MSCI’s Climate data, research, and analytics for investment-grade, fixed-rate, and global, US or EUR-denominated corporate bonds. To ensure they meet the minimum PAB criteria, each index sets an initial 50% reduction of absolute greenhouse gas (GHG) relative to the standard Bloomberg parent (Euro, US, or Global) corporate index, followed by an annual 7.5% decarbonization relative to the baseline emissions. These emissions reductions are achieved by excluding the largest GHG emitting companies.

Click here to read the complete press release.

Bloomberg provides data, analytics, indices, news, insights and expertise to investors, lenders, policymakers and citizens seeking to address climate challenges and drive the transition to a low-carbon global economy. Learn more our 2021 Impact Report.