Sustainable ETF Range Expanded With Launch Of Two New iShares By BlackRock

July 13th, 2016
The two new funds track indices consisting of companies with MSCI environmental, social and governance (ESG) ratings level BB and above. This metric rates companies on 37 key ESG factors including carbon emissions and business ethics. The indices aim to minimise exposure to activities involving alcohol, tobacco, gambling, civilian firearms, military weapons, nuclear power, adult entertainment and genetically modified organisms (GMOs). Both funds are physically-replicating, meaning they buy the securities of the index, and have a total expense ratio of 0.35% and 0.30% respectively

Get up to date IEN News

Sign up for our Newsletters