Financed Carbon Emissions (Carbon Emissions / USD Million Invested)

Represents a normalized measure of a fund's contribution to climate change that apportions companies’ carbon emissions across all outstanding shares and bonds. This figure measures the total annual Scope 1 and 2 carbon emissions (reported or estimated) associated with USD 1 million invested in the fund. It is calculated as the sum of companies’ carbon emissions weighted by the most recently available enterprise value including cash (EVIC) and by the weight of companies in the fund.