Bloomberg and MSCI have launched the Bloomberg Barclays MSCI Emerging Markets ESG Index Suite which includes 10 ESG indices.
The benchmarks include hard and local currency emerging market fixed income indices. The range fall under into the following index families:
Bloomberg Barclays MSCI EM ESG Weighted Indices: utilizes MSCI ESG Ratings to tilt issuer market weights.
Bloomberg Barclays MSCI EM SRI Indices: designed to screen out issuers with substantial revenue derived from sources such as adult entertainment, alcohol, gambling, tobacco, controversial military weapons, civilian firearms, nuclear power, and genetically modified organisms (GMOs).
Bloomberg Barclays MSCI EM Sustainability Indices: uses Emerging Markets debt benchmark that includes fixed and floating-rate USD, EUR and/or GBP-denominated debt issued from sovereign, quasi-sovereign, and corporate EM issuers. The index includes issuers with BB and above ESG ratings.
“Investor demand for ESG considerations continues to grow, and we are consistently working to expand Bloomberg’s offerings to meet these requirements as ESG factors are increasingly incorporated into investors’ workflows,” said Chris Hackel, Index Product Manager at Bloomberg. “We’re excited to continue working with MSCI to evolve our joint ESG index solutions and expand to emerging market bonds.”