FTSE Russell and Sustainalytics announce partnership
Multi-asset index, data and analytics provider, FTSE Russell has announced it has entered into a global partnership with specialist in environmental, social and governance (ESG) research, ratings and analysis provider, Sustainalytics.
Under the terms of the deal, both companies would be working together to develop new FTSE Russell ESG indexes using the new Sustainalytics ESG risk ratings.
FTSE Russell explained that the move was in line with its strategy to grow its own sustainable investment capabilities and supplement these through new partnership with a fellow global leader in sustainable investment.
FTSE Russell’s chief executive, Mark Makepeace, said: “FTSE Russell has been a leader in sustainable investment for nearly two decades and has been supporting the growing demand for ESG integration into passive strategies.
“The partnership with Sustainalytics enables us to provide a greater selection of options and choice to meet these ever growing client demands.”
The firm also said the decision followed a growing trend among asset owners to incorporate sustainability and ESG considerations unto their investment strategies and stewardship approach.
Sustainanalytics’ chief executive, Michael Jantzi, added that the focus would be initially on the Russell US Indexes which had a leading position amongst institutional and retail investors.
Recommended for you
Fidelity Australia managing director Lawrence Hanson has announced the firm’s intention to launch several of its strategies as active ETFs.
Online investment adviser and fund manager Stockspot has introduced Stockspot Super, Australia’s first 'ETF only' superannuation product. superannuation product.
Betashares has highlighted which ETFs saw the highest volume of inflows and outflows in April, while the overall ETF industry breaks its six-month growth streak.
ETF provider Global X has launched a Gold Bullion ETF which will complement the firm’s existing physical gold vehicle.
