Conclusions from Consultation on Proposed Expansion of Carbon Solutions Industry List

On April 25, 2022, Invesco Indexing’s consultation on a proposed expansion of the Carbon Solutions industry list ended. As previously announced, Invesco Indexing sought stakeholder feedback on potential additions to the group of industries which are used as part of the index construction process in the following indexes:

  • Invesco Global Climate Alignment Index
  • Invesco Global ex-Japan & Korea ESG Insight Index

Having considered stakeholder feedback, Invesco Indexing will be implementing the changes as outlined in the consultation and summarized below:

Invesco Indexing will update the business activities that qualify as Carbon Solutions industries. The constituents that comprise the Carbon Solutions group of industries are outlined in the following table:

Carbon Solutions Industries

Industry

Type

Alternative Energy Car Manufacturing

Existing

Biodiesel Fuel Manufacturing

Existing

Energy Efficient Lighting  and LED Manufacturing

Existing

Environmental Control Machinery/Equipment Products

Existing

Ethanol Fuel Manufacturing

Existing

Heavy-Duty and High-End Batteries Manufacturing

Existing

HVAC Equipment and Supplies Distributors

Existing

Light Emitting Diode Discrete Semiconductors

Existing

Renewable Energy/Distributed Power System Makers

Existing

Vehicle Autonomous Control Electronics Makers

Existing

Vehicle Autonomous Control Software

Existing

Battery Charging Equipment Manufacturing

New

Carbon Capture Services and Technologies

New

Carbon Transportation and Sequestration Services

New

Electric Vehicle Batteries Manufacturing

New

Electric Vehicle Charging Stations

New

Emission Control Services and Technologies

New

Environmental Consulting

New

Environmental Services

New

Greenhouse Gas Emission Services

New

Heavy-Duty Industrial Batteries Manufacturing

New

Hydroelectric Power Generation Equipment Providers

New

Hydrogen Fuel Manufacturing

New

Recycling Services

New

Soil Remediation

New

Waste-to-Energy Services

New

Wastewater Residual Management

New

This methodology change will be effective with the June 2022 rebalance of the indexes listed above.

For any questions, please reach out to a member of the client engagement team at IndexSupport@invesco.com.