Euronext launches a new “low carbon” index

The stock market operator is launching a new index aimed at monitoring the results of the 80 best performing companies in environmental, social and governance matters. The appetite of asset managers for perceived responsible investing continues to grow.

Euronext currently offers 40 families of ESG indices and has 51 ESG index funds with a total of 24.5 billion in assets under management.

The coronavirus crisis has reinforced the already high demand from investors for financial products that respect environmental, social and governance (ESG) standards. This Wednesday, Euronext made several announcements to strengthen its commitment in this area.

The pan-European stock market operator has notably reviewed the composition of its low carbon index – Low Carbon 100 – created in 2008, so that it is in line with the objectives of the Paris Agreement, and announced the launch of several tools and services to support investors in their transition.