News | 04.09.19
S&P Dow Jones Indices to Launch Sustainable-Investment Index
S&P Dow Jones Indices is launching an environmental, social, and governance (ESG) version of its S&P 500 index to meet increasing investor demand for sustainable-investment vehicles based on U.S. equities, the company said Monday. The index will exclude tobacco, makers of certain weapons, and companies with a low score in relation to the United Nations Global Compact principles for responsible businesses. S&P Dow Jones Indices said the new S&P 500 ESG index will serve as a performance-tracking tool and a building block for new ESG index-based investment vehicles and passive investing solutions.
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