FTSE Russell has launched the FTSE UK ESG Risk-Adjusted index series in a bid to expand its multi-asset ESG and climate index product range.
The series applies a range of product and conduct exclusions, and significantly reduces its carbon emissions while reserving exposure against the underlying benchmark. The index will be weighted more towards companies with better ESG characteristics. The exclusion criteria will focus on controversial weapons, thermal coal production and energy generation, Arctic oil and gas exploration, oil sands and shale energy extraction and production, as well as tobacco production and retail, and controversial conduct. Home REIT removed from FTSE indices amid prolonged share suspension FTSE Ru...
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