New Benchmarks Join Family of MSCI Global Sustainability Indices
MSCI Inc. (NYSE: MSCI), a leading provider of investment decision support tools worldwide, today launched two new Environmental, Social and Governance (ESG) Indices, the MSCI Emerging Markets ESG Index and the MSCI ACWI ESG Index. The new indices bring comprehensive global coverage to the MSCI Global Sustainability Indices family.
“Sustainability best practices are increasingly becoming part of the corporate agenda as socially responsible investing gains importance. Our new MSCI ESG Indices are in response to growing demand in the market for sustainability indices that cover the global equity universe,” said Remy Briand, Managing Director and Global Head of Index and ESG Research at MSCI.
The MSCI Emerging Markets ESG and the MSCI ACWI ESG Indices aim to capture securities with high ESG rankings which are derived from in-depth analysis across a spectrum of ESG factors. The MSCI Global Sustainability Indices methodology targets sector weights that reflect the relative sector weights of their MSCI parent indices, helping to limit systematic risk introduced by the ESG selection process. Generally, each MSCI ESG Index targets coverage of 50 percent of its respective parent index.