Merrill Lynch and Trucost launch Europe carbon index

"The ML Carbon Leaders Europe Index offers investors exposure to a high quality, low carbon footprint basket of stocks using a valuation framework that has been shown to outperform during all stages of the economic cycle," says Zoe Knight, senior director of Socially Responsible Investing at Merrill Lynch.

Despite the absence of consistent or comprehensive environmental data disclosure by companies, Trucost maintains its comprehensive coverage and sophisticated modelling processes ensure that