Independent analysis by Trucost shows select Calvert funds have less carbon risk
Calvert has made a business priority out of moving the needle on the issue of climate change. We have focused on promoting new carbon policies, evaluating how companies respond to carbon risk, engaging with companies to improve, and assessing our company’s own carbon footprint. Our most important impact as a company is that made through our products—that is, the carbon footprint of our funds.
Calvert has examined the carbon profiles of companies in our funds for over ten years, and this is a vital part of our overall assessment of whether a company makes the grade for our Signature™ funds. In the interest of measuring the impact of this important ongoing analysis on our funds, in September 2009 Calvert partnered with Trucost, the world’s leading provider of carbon data and analysis on companies, to conduct an analysis of the carbon footprints of three of our SRI funds. The results confirm what we have believed for some time: that these funds have lower carbon intensity than their benchmarks.