Bringing you live news and features since 2006 

DWS launches Xtrackers ETF aligned with Paris Climate Agreement

RELATED TOPICS​

DWS has launched a new Xtrackers ETF based on emerging equity markets, with a focus on ESG characteristics and also aligned with the goals of the 2015 Paris Climate Agreement. 

Including the new ETF, DWS has already launched six equity ETFs based on the same index methodology, providing exposure to the following equity markets: Global, USA, Europe, Eurozone, Japan and now also Emerging Markets. Additionally, in November 2022, DWS introduced four Xtrackers ETFs that track the corporate bond market in Euros and US dollars with different maturities and whose tracked indices are also aligned with the goals of the Paris Climate Agreement.

The Xtrackers Emerging Markets Net Zero Pathway Paris Aligned UCITS ETF is listed on Deutsche Boerse and the London Stock Exchange, with other exchanges to follow. The ETF aims to reduce emissions in line with the objectives of the Paris Climate Agreement, with the underlying index therefore corresponding to EU Paris Aligned Benchmark (PAB) regulations. Specifically, the ETF tracks the Solactive ISS ESG Emerging Markets Net Zero Pathway Index, which aims to achieve a 50 per cent reduction in carbon intensity compared to an equivalent non-ESG market index, in line with the goals of the Paris Climate Agreement, as well as a continuous reduction in carbon intensity of seven per cent per year.

“With the new ETF, we now offer a full range of products aligned with the Paris Climate Agreement – giving investors suitable solutions for both developed and emerging markets,” says Simon Klein, Global Head of Passive Sales at DWS.

All Xtrackers equity ETFs in the Net Zero Pathway series are characterised by the fact that they are oriented towards the Paris Climate Agreement, DWS writes. They also take into account recommendations of the Institutional Investors Group on Climate Change (IIGCC), as defined in the corresponding “Net Zero Investment Framework Implementation Guide”, the firm says. This means that the indices do not weight the included index members solely on the basis of their carbon intensity, in accordance with the recommendations of the IIGCC.

An overweighting of companies in the indices is based on the extent to which they adopt science-based targets, as defined by the initiative of the same name. Also relevant for the index weighting are the standards for climate reporting as defined by the Task Force on Climate-related Financial Disclosures (TCFD) and efforts to mitigate climate change, the firm says.

Latest News

Saving and investing app, Moneybox, has doubled the number of ETFs available on the platform, in the light of ‘growing..
Global X ETFs has announced the appointment of Ryan O'Connor as its Chief Executive Officer effective as of April 8, 2024. ..
Value-driven structured credit investing firm, Angel Oak Capital Advisors, LLC, has announced the completed conversions of two of its mutual..
Confidence in the continuing strength of bitcoin and Ethereum is driving wider interest in altcoins and other digital assets, according..

Related Articles

Frank Koudelka, State Street Global Services
ETF data provider and ETF Express data partner, Trackinsight, has published its Global ETF Survey 2024 Report: ‘50+ Charts on...
Cryptocurrencies
Matteo Greco, Research Analyst at Fineqia International writes that bitcoin (BTC) ended the week at approximately USD52,150, showing a notable...
US Distribution Awards trophies
The winners of the first US ETF Distribution Awards at the Exchange conference, hosted by ETF Express and sponsored by...
Thomas Bonville, Clear Street
Just over a year ago, Thomas Bonville joined New York-based, prime brokerage Clear Street as managing director, head of derivative...
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