Northern Trust Asset Management has announced the launch of a range of new ESG funds.

The Emerging Markets Quality Low Carbon Strategy aims to tackle climate change risk using the Northern Trust’s proprietary Quality factor which targets companies that are efficiently managed, profitable, and have strong cash flows.

The Emerging Markets Quality Low Carbon Strategy provides investors an environmentally cleaner exposure to emerging markets equities with a carbon intensity reduction target of 70 percent.

Other new funds include the Europe Value ESG, North America Value ESG and Emerging Markets Multifactor ESG funds, incorporating norm-based and business-involvement screens.

Northern Trust recently announced it had launched a World Green Transition Index Strategy, Small Cap ESG Low Carbon Index Strategy and has added thermal coal screens to its existing suite of Custom ESG Index Strategies to align with evolving investor preferences.