Invesco has added two ESG ETFs including the first to track the FTSE All Share ESG Climate index.
The FTSE All Share ESG Climate ETF (FASE) and the MSCI Europe ex UK ESG Universal Screened ETF (ESEU) are listed on the London Stock Exchange.
The FASE tracks the FTSE All Share ex Investment Trusts ESG Climate Select index which targets a 50% reduction in index-level carbon emissions, a 50% reduction in fossil fuel reserves, a 50% increase in green revenues and a 10% improvement in index-level ESG ratings. The ESEU tracks the MSCI Europe ex UK ESG Universal Select Business Screens index.