Invesco to exclude companies with missing ESG data from clean energy ETF range

Three ETFs impacted

Eve Maddock-Jones
clock • 1 min read

Invesco is set to begin excluding firms that are missing "critical" ESG data from its three clean energy ETFs.

The move comes following changes by index provider Solactive, which determined that in order for the indices to comply with SFDR requirements around good governance practices, companies missing this information would not be "eligible for selection". Deep Dive: Experts predict all forms of energy will be 'winners' in the next decade Now, companies not covered by Sustainalytics research on global standard screening, controversy score, ESG risk ratings and various product involvement fields will be ineligible for index selection. This is a switch from before, when stocks that were not...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on ETFs

HANetf combines tech thematic ETFs due to insufficient assets

HANetf combines tech thematic ETFs due to insufficient assets

Effective 28 March

clock 20 March 2024 • 1 min read
Amundi launches Europe's cheapest All Country World ETF

Amundi launches Europe's cheapest All Country World ETF

TER of 0.07%

clock 18 March 2024 • 1 min read
DWS adds non-US MSCI World ETF to Xtrackers range

DWS adds non-US MSCI World ETF to Xtrackers range

‘Balanced diversification’

clock 18 March 2024 • 1 min read
Trustpilot