Pan-European exchange Euronext announced today the launch of the Euronext V.E ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments. World 75, a global index tracking the stocks ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments. leaders around the world, while implementing the EU Climate Transition Benchmark (CTB) de-carbonisation objectives. The new index has been selected by the German Federal Government for four of its Special Pension and Care Funds, comprising of several billion euros in assets under management.
Powered by ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments. data from V.E, part of Moody’s ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments. Solutions, and German sustainability rating agency imug | rating, the new index will target 75 companies in six countries located outside the Eurozone, with investment selection based on ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments. performance, as well as geographical and sectoral representation.
Andrea Blackman, Global Head of Moody’s ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments. Solutions, said:
“Public pension and care funds are increasingly seeking ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments. information as a key input for strategic planning, investment decisions, and risk analysis. Our collaboration with Euronext and imug | rating further demonstrates our commitment to meeting market needs by powering indices with trusted ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments. data and insights that help decision makers act with confidence.”
According to Euronext, the new benchmark will support the German government in aligning the funds’ investments with its new Sustainable Finance Strategy. Launched in May, the strategy includes a commitment to allocate federal investments into sustainable investments, with plans to shift the federation’s various civil-service pension funds to sustainable indices, and a pledge to continuously reduce the carbon footprint of these portfolios.
Stéphane Boujnah, CEO and Chairman of Euronext, said:
“The launch of the Euronext V.E ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments. World 75 index today is an important step to accelerate the transition to a sustainable economy in Europe. As a leading index provider in Europe, we are delighted to contribute, together with all the participants in this project, to Germany’s first-ever national sustainable finance strategy. This mandate granted by the German Government demonstrates the Euronext position as an international leading player to accelerate the ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments. transition.”
The post Euronext Launches Global ESG Index, Selected For German Government Pension Funds appeared first on ESG Today.