Invesco is set to begin excluding firms that are missing "critical" ESG data from its three clean energy ETFs.
The move comes following changes by index provider Solactive, which determined that in order for the indices to comply with SFDR requirements around good governance practices, companies missing this information would not be "eligible for selection". Deep Dive: Experts predict all forms of energy will be 'winners' in the next decade Now, companies not covered by Sustainalytics research on global standard screening, controversy score, ESG risk ratings and various product involvement fields will be ineligible for index selection. This is a switch from before, when stocks that were not...
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