Mirae Asset Global Investments has announced the launch of the Gobal X Hang Seng ESG ETF.
The Global X Hang Seng ESG ETF tracks the HSI ESG Enhanced Index to give exposure to the Hong Kong stock market with added ESG criteria. The ETF screens out Hang Seng Index constituents that score the highest ESG Risk Ratings, fail to comply with the United Nations Global Compact Principles, or are involved in controversial sectors such as thermal coal, tobacco, and controversial weapons.
Jung Ho RHEE, Chief Executive Officer of Mirae Asset Global Investments says, “The launch of the Global X Hang Seng ESG ETF…is a testament to Mirae Asset’s continued commitment to providing investment solutions that promote sustainable development in the communities we invest in. Building on our track record of ESG products, we will continue to broaden options for investors to align their investments with their values.”