Legal & General UCITS ETF (L&G) has launched two new equity ETFs with a focus on sustainability on Xetra and the Frankfurt Stock Exchange.The two new ETFs give investors access to listed companies based in Europe or the USA that meet minimum requirements in terms of liquidity and size. Additionally, companies must meet the specified sustainability criteria. Among others, companies trading in tobacco products or weapons, companies that generate at least 25 percent of their sales from coal and the ten companies with the highest CO2 emission intensity in the underlying universe are excluded.
The L&G Europe Equity (Responsible Exclusions) UCITS ETF – Acc invests in small, medium and large listed companies from various European countries and tracks the Foxberry Sustainability Consensus Europe Index.
The L&G US Equity (Responsible Exclusions) UCITS ETF – Acc invests in medium-sized and large listed US companies. The reference index is the Foxberry Sustainability Consensus US Index.
