CapitaLand Investment removed from Low Carbon Select 50 Capped Index

The index tracks 50-globally listed companies incorporated or based in Singapore.

iEdge-OCBC Singapore Low Carbon Select 50 Capped Index posted a change in index constituents, Lion Global Investors shared at the local bourse.

The recently developed index monitors Singapore’s top 50 businesses by free-float market capitalisation with the best efforts to reduce carbon footprint.

Four firms excluded from the index are CapitaLand Investment, Keppel Pacific Oak US Real Estate Investment Trust (Reit), Prime US Reit, and Nanofilm Technologies.

In place of the four companies removed are ComfortDelGro, CDL Hospitality Trusts, Haw Par Corporation, and Starhill Global Reit.

The changes in the index will take effect on 27 March.