This exchange-traded fund is looking for ways to be greener in many different areas.

The DWS Group runs the event. Emerging Markets Carbon Reduction and Climate Improvers ETF (EMCR)It invests in companies which are trying to reduce their carbon footprint. The global strategy appears to have paid off. The past 2 years have seen a 57% increase in this number.

According to Arne Noack, the head of systematic investments solutions at the firm, there is a lot of demand for this type of net zero carbon reduction strategy.

“EMCR is a broadly diversified emerging market index that really seeks to track the market capitalization-weighted index,” he told CNBC’s “ETF Edge” Last week.

Noack runs the ETF and wants to contribute 60% towards reducing the carbon footprint, even though urgency is increasing.

Prices in the carbon credit market have collapsedIn connection to the Russia-Ukraine conflict.

Noack explained Monday, “The agenda has moved somewhat very understandably.” “But, in the long-term, the subject of climate change mitigation and carbon reduction will return to a wider agenda.”

Despite its impressive performance, the ETF is in trouble. EMCR’s performance has dropped 3% after Russia invaded Ukraine. It is also off by 5% for the year so far.

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