Carbon intensity

In order to compare greenhouse gas emissions among issuers, differences between the issuers have to be taken into account, i.e. greenhouse gas emissions have to be normalised. For countries and companies, a common approach is to normalise greenhouse gas emissions (reflected in the metric carbon emission absolute) by a country’s nominal gross domestic product (GDP) and a company’s sales, respectively. The resulting metric is called carbon intensity.

MSCI ESG Research LLC provides the carbon intensity on country level as

and on company level covering Scope 1 and 2 greenhouse gas emissions as

Further information can be found at www.msci.com/index-carbon-footprint-metrics.