TASE is Launching a Green Index Version of the TA-125 Index
TEL AVIV, Israel, Nov. 9, 2020 /PRNewswire/ -- The Tel-Aviv Stock Exchange (TASE: TASE) announced today the launch of a new index - TA-125 Fossil-Fuel-Free Climate Index.
- TEL AVIV, Israel, Nov. 9, 2020 /PRNewswire/ -- The Tel-Aviv Stock Exchange (TASE: TASE) announced today the launch of a new index - TA-125 Fossil-Fuel-Free Climate Index.
- The index will be comprised of shares included in the TA-125 index, excluding those of corporations involved in the production chain of fossil fuels, i.e.
- Thus, for example, the European Union has approved an ambitious detailed plan, "Green New Deal", which aims to make Europe fully green by 2050.
- This is consistent with the surplus yield of the S&P 500 Fossil-Fuel-Free Index over the S&P 500 Index.