iClima Earth’s objective as a fintech firm is clear: to help decarbonize the planet by steering investor money into greener companies. To achieve this goal, iClima founders Shaila Khan Leekha WG04, Gabriela Herculano WG02, and Steve Berry W76 are shifting the conversation away from reducing carbon emissions and toward avoiding them in the first place.

Using their own metric of “potential avoided emissions,” iClima team members have done extensive research to identify companies with the greatest impact. From that research, they’ve established two financial indexes of sustainable companies and, in turn, launched exchange-traded funds tracking those indexes as climate-friendly investment options.

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