Nuveen has launched a new dividend ESG exchange traded fund.

Nuveen says the Nuveen ESG Dividend ETF is the first fund of its type to incorporate low carbon criteria and looks to track an ESG-enhanced custom index developed by Nuveen’s Responsible Investing team in partnership with MSCI. The fund seeks to provide exposure to high dividend paying US equities with superior ESG ratings and a lower carbon profile than the MSCI USA Index.