FTSE Russell has announced the launch of the FTSE Blossom World Index Series covering global companies with ESG characteristics.

The FTSE Blossom World Index Series and FTSE Blossom World Sector Relative Index Series include global companies which demonstrate ESG activities based on the proprietary FTSE Russell ESG Data Model. This assesses a company’s ESG exposure and performance, combined with a limited set of baseline exclusions.

The indices are constructed so industry or sector weights align with equity markets in the US, Europe and APAC (ex Japan), without deviating significantly from the design and performance of the traditional market capitalisation-weighted benchmark, the Russell 1000 in the US and the FTSE World Index.

Stephanie Maier, Head of Sustainable at FTSE Russell, said, “In response to client demand, we are thrilled to be launching these new indices, modeled after the FTSE Blossom Japan Index Series. Building on the success of Blossom in Japan, they offer our clients access to broader index coverage across the US, Europe and APAC, supporting the ability to evaluate and integrate ESG risks and performance into their equity strategies.”

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