Deka has launched the Future Energy ESG ETF.
The fund, listed on the Deutsche Boerse and Frankfurt Stock Exchange, tracks the Solactive Future Energy ESG index and offers exposure to 60 companies across the globe that promote the transformation of the energy sector. This includes businesses involved in solar, wind energy, geothermal hydrogen, hydrogen propulsion and battery and energy storage technology. it will exclude companies that generate revenue from coal, oil extraction, oil sands, deep water drilling and nuclear power generation.
It will also exclude companies that generate revenues from chemical weapons, military equipment, civilian firearms and tobacco production.