Follow us on Twitter
Log In | Sign Up

ESG Investing

Main Menu

  • Home
  • All News
    • All ESG News
    • Research
    • ESG Reports
  • Training
  • Awards
    • Investing
    • Reporting
  • Advisory
  • Exchange
  • Contact

Metzler AM launches ethical equity fund

ESG Investing Thursday 23 September 2021 11:14 GMT

Metzler Asset Management has launched the mutual fund Metzler Global Ethical Values.

The fund tracks the Global Ethical Values โ€‹โ€‹(GEVX) share index of the Hanover Stock Exchange which comprises 679 companies that are filtered out of the parent index Solactive GBS Developed Markets Large & Mid Cap USD using a previously unique three-stage process.

The basis is formed by exclusion criteria, which are based on the ethically sustainable norms and values โ€‹โ€‹of the Catholic and Protestant Church in Germany, the Catholic Church in Austria and the Austrian eco-label. The exclusion criteria include B. Corruption and Armaments. In addition, climate-based selection criteria lead to a complete exclusion of business models that are based on fossil fuels, such as the extraction and generation of electricity from coal.

In a second step, the best-in-class and best-in-progress selection takes place, whereby companies with high ESG quality are identified. In the best-in-class approach, companies are selected that have already achieved a comparatively high level of sustainability management within their respective industry. The best-in-progress approach, on the other hand, relies on companies that have made the greatest progress in dealing with challenges in the social field or climate change in recent years.

In the third step, an almost neutral mapping of the regional and sector weights of the parent index is ensured with the help of intelligent index optimization. In this way, a balanced and broadly diversified portfolio can be implemented despite extensive exclusion lists.

The climate-related exclusion criteria reduce the CO2 footprint of the GEVX by more than 40% compared to the parent index.

Categories

Climate

Companies

ESG & Sustainability Reports

ESG Research

Funds

Vendors

About ESG Investing

ESG Investing is the leading global media platform publishing news and features on ESG and sustainable investing for fund managers, institutional investors and listed companies. ESG Investing is a division of Global Markets Media Ltd.

Get in Touch

ESG Investing, Global Markets Media T: +44 (0)1483 573150
E:info@esginvesting.co.uk
A:
ESG Investing
Global Markets Media Ltd
96 High Street
Guildford
GU1 3HE, UK
Copyright © 2022 Global Markets Media

Footer Menu

  • Cookies
  • Disclaimer
Design by Web Design London
7ads6x98y
This website uses cookies to store information on your computer. See our cookie policy for details on how to block cookies.
I am happy to proceed