S&P Dow Jones launch biodiversity indices

S&P Dow Jones Indices has announced the launch of two biodiversity indices.

The S&P 500 Biodiversity Index and S&P Global LargeMidCap Biodiversity Index, measure the performance of a subset of equities from the S&P 500 and S&P Global LargeMidCap indices.

S&P say the indices integrate biodiversity, the United Nations (UN) Sustainable Development Goals (SDGs) and carbon datasets to align with the targets defined by the UN’s Biodiversity Conference (COP15). As such, index constituents are selected and weighted to reflect a collective reduction of the ecosystem impact intensity.

Jas Duhra, Global Head of Sustainability Indices at S&P DJI, said, “S&P Dow Jones Indices’ approach to index design reflects a holistic view of the vast sustainability ecosystem and biodiversity is an important part of this equation. The S&P Biodiversity Indices are designed to help offer additional insights for our clients and market participants who are seeking to measure, analyze and better understand their investments’ impact on the natural world, and support their goals to create a more resilient and ecologically conscious investment landscape.”