Eurex launches ESG futures with STOXX index

Eurex will launch a new ESG futures contract in February underlain by the STOXX USA 500 ESG-X Index.

The exchange says the new contract is the first listed derivative covering the US market which includes a screening for thermal coal mining and coal-fired power plants. Their range of ESG derivatives also screens for controversial weapons and tobacco and follows the United Nations Global Compact principles of human and labor rights, the environment, business ethics and anti-corruption.