Print this article
The ESG Phenomenon: OCBC, Singapore
Editorial Staff
13 April 2022
OCBC It is the first ETF in Singapore that focuses on the top 50 Singapore companies (including real estate investment trusts and business trusts) by free-float market capitalisation, with a focus on index decarbonisation through the reduction of weighted average carbon intensity (WACI) of the index.
OCBC Securities and Lion Global Investors will list a new exchange-traded fund later in April which concentrates on Singapore companies with low carbon intensity, in collaboration with OCBC Securities. Since embarking on the inaugural ETF back in December 2020, the total AuM for both Hang Seng TECH ETF and China Leaders ETF is now nearing almost S$400 million ($293 million).