The Renewable E Index, under the ticker Renew-MX, made history in April, becoming the first-ever index on the Mexican Stock Exchange to measure companies’ transition to cleaner fuel use.

María Valencia, President of the Validation Committee for the Renewable E Index, spoke with NGI Mexico’s GPI about the index, how it applies to natural gas companies and of the overall state of the industry in Mexico.

“One of the principal policies of the index is that the companies must consume or generate at least 15% of their energy through renewable sources, as well as comply with environmental, social and governance (ESG) standards,” Valencia said. “Additionally, within the composition of the index, future carbon emission transactions are considered, which is innovative given...