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.
AUTHOR
Oksana Patron
Recommended for you
Infrastructure assets are well-positioned to hedge against global uncertainty and can enhance the diversification of traditional portfolios with their evergreen characteristics, an investment chief believes.
Volatility in US markets means currency is becoming a critical decision factor in Australian investors’ ETF selection this year.
Clime Investment Management is overhauling the selection process for its APLs, with managing director Michael Baragwanath describing the threat of a product failure affecting clients as “pure nightmare fuel”.
Global X will expand its ETF range of exchange-traded funds next month with a low-cost Australian equity product as it chases ambitions of becoming a top issuer of ETFs in Australia.
