Note, only corporate issuers are covered within the calculation. If emissions in the global economy followed the same trend as the emissions of companies within the fund's portfolio, global temperatures would ultimately rise within this band. The ITR metric is calculated by looking at the current emissions intensity of companies within the fund's portfolio as well as the potential for those companies to reduce its emissions over time. A net zero emissions economy is one that balances emissions and removals. Scientific consensus suggests that reducing emissions until they reach net zero around mid-century (2050-2070) is how this goal could be met. The ITR metric is used to provide an indication of alignment to the temperature goal of the Paris Agreement for a company or a portfolio. The temperature goal of the Paris Agreement is to limit global warming to well below 2вЊ above pre-industrial levels, and ideally 1.5 вЊ, which will help us avoid the most severe impacts of climate change. To address climate change, many of the world's major countries have signed the Paris Agreement.

What is the Implied Temperature Rise (ITR) metric? Learn what the metric means, how it is calculated, and about the assumptions and limitations for this forward-looking climate-related metric.Д¬limate change is one of the greatest challenges in human history and will have profound implications for investors.

Ishare global clean energy stock