Two new sustainability indices have been launched by S&P Dow Jones Indices (S&P DJI) enabling investors to benchmark against companies aligned with the United Nations’ 17 Sustainable Development Goals (SDGs).
The S&P 500 SDG Index and the S&P Global LargeMidCap SDG Index are built on data that reflect the constituent companies’ impact on the environment and society. They don’t take into account the financial materiality of ESG factors.
“With this approach, S&P DJI is offering broad-based sustainability performance measurement tools, one that is based on the S&P 500, which is the best single gauge of large-cap US equities, and the other based on the S&P Global Large MidCap Index, which represents the top 85% market capitalisation of each developed and emerging country,” said Jas Duhra, Global Head of Sustainability Indices at S&P DJI.
The indices’ data is sourced from London-based impact data provider Impact Cubed.
Subscribe to our newsletter