Desjardins Global Asset Management Inc. recently launched a low-carbon exchange-traded fund.

The Desjardins RI Emerging Markets Low CO2 Index ETF started to trade on the Toronto Stock Exchange on March 12 with the goal of reducing the weighted average carbon intensity of its portfolio compared to more traditional equity indices.

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“We are pleased to offer our investors attractive growth potential while supporting the transition to a greener economy through the largest range of responsible investment products in Canada“, said Nicolas Richard, chief executive officer of Desjardins Global Asset Management, in a press release.