Vanguard launches fixed income ESG ETF

Vanguard has launched the ESG Global Corporate Bond UCITS ETF.

The ETF seeks to track the Bloomberg Barclays MSCI Global Corporate Float-Adjusted Liquid Bond Screened Index and provides exposure to global corporate fixed income excluding companies involved in weapons, non-renewable energy, vice products and companies involved with controversies related to the UN Global Compact Principles.

Fong Yee Chan, head of ESG strategy, UK and Europe, said, “Vanguard continues to seek ways to deliver long-term ESG strategies to give value to investors. For those investors wishing to mitigate ESG risk or avoid companies that don’t align with their values, we are pleased to offer access to an ESG global corporate bond strategy through the new Vanguard ESG Global Corporate Bond UCITS ETF.”