Bringing you live news and features since 2006 

S&P Indices to calculate new green index for Living Planet

RELATED TOPICS​

S&P Indices has been chosen by the Living Planet Fund Management Company (LPF) to calculate and maintain a new index tracking the performance of stocks active in green business.  

LPF is a subsidiary of WWF International, one of the largest environmental organisations in the world.

The Living Planet Green Tech Europe Index will be calculated using an objective, formulae-based proprietary methodology specific to LPF which employs a green co-efficient to determine the weightings of the stocks in the index. S&P Indices will calculate the Net Total Return on a real-time basis under the ticker LPGTE (Bloomberg and Reuters).

According to LPF, the company manages an investment fund that incorporates socially responsible investing criteria in its selection of companies considered as suitable for investment. Companies within each industrial sector need to meet an acceptable standard on financial and other non-financial criteria, after which the ‘best in class’ for each sector are considered for investment.  Some industry sectors, such as tobacco and armaments, are excluded altogether.

“We are delighted to be calculating this new index, which not only draws on our strength in producing custom indices for clients, but also on our wider SRI experience,” says Marius Baumann, Global Head of Custom Index Services, S&P Indices.

Latest News

BlackRock s iShares an undisputed leader among European ETF issuers pushed further ahead in Q1 with EUR173 billion in trades..
European ETFs raised USD47 8 billion in Q1 a 15 per cent increase compared to the same period in 2023..
LSEG Lipper s March report finds that globally equity ETFs +EUR113 2 billion enjoyed the highest estimated net inflows for..
Morningstar has published a review of the European ETF market for the first quarter 2024 which finds that it gathered..

Related Articles

etf active trading
Latest Morningstar data shows actively managed ETFs share of the US ETF market rose to 8 5 per cent at...
Kristen Mierzwa, FTSE Russell
Index Investments Group IIG a division within index provider FTSE Russell has extended its range of indices through two new...
ETFs
US ETF issuers of active ETFs are facing an increase in fees from the big custodian firms such as Charles...
Taylor Krystkowiak, Themes ETFs
Themes ETFs opened its doors in December 2023 with an introductory suite of 11 ETFs seven thematic and four fundamental...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by