Powered by MOMENTUM MEDIA
moneymanagement logo
 
 

ETF Securities’ fund included in ESG framework

ESG/ETF/ETF-Securities/

15 November 2021
| By Oksana Patron |
image
image image
expand image

Index developer and research company ROBO Global has included ETF Securities’ ETFS ROBO Global Robotics and Automation ETF into the environmental, social, governance (ESG) framework for its indices.

ROBO Global said it would exclude companies from its indices if it believed they do significant harm to environmental, social and governance objectives.

For example, companies would be excluded if there was an unacceptable risk that the company may contribute to or be responsible for serious human rights violations, severe environmental damage or other particularly serious violations of fundamental ethical norms, the firm said.

Other exclusions included weapons, alcohol, gambling and pornography, fossil fuels and animal testing.

The ROBO ETF offered investors exposure to the investment themes of robotics, automation and artificial intelligence.

ETF Securities head of distribution, Kanish Chugh, said: “ESG standards are evolving and our index provider ROBO Global has a strong commitment to review the latest research and adapt to changing standards. We support this approach by our index partner.”

ROBO Global was a signatory to the United Nations-supported Principles for Responsible Investing since 2017 and incorporated these principles into its ESG framework.

In addition, it conformed to ESG disclosure requirements set out by the European Union’s Commission on Delegated Regulation.

 

 

 

 

 

 

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...

6 days 4 hours ago

Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...

1 month ago

It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...

1 month 1 week ago

ASIC has released the results of the latest adviser exam, with August’s pass mark improving on the sitting from a year ago. ...

1 week 1 day ago

The inquiry into the collapse of Dixon Advisory and broader wealth management companies by the Senate economics references committee will not be re-adopted. ...

2 weeks 2 days ago

While the profession continues to see consolidation at the top, Adviser Ratings has compared the business models of Insignia and Entireti and how they are shaping the pro...

2 weeks 3 days ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND