London Stock Exchange welcomes FTSE4Good Index Series to celebrate its 15 year anniversary
London Stock Exchange Group (LSEG) will today celebrate the 15th anniversary of FTSE Russell’s flagship ESG Index Series, FTSE4Good with a Market Open. The Index Series was launched in 2001 and provides investors with a transparent and objective benchmark of companies meeting environmental, social and governance (ESG) practice and performance thresholds.
To mark the occasion, London’s markets were opened for trading on this morning by Mark Makepeace, Chief Executive of FTSE Russell together with Sir Mark Moody-Stuart, Chair of the ESG Advisory Committee that oversees FTSE4Good, and Jenny Anderson of TPT Retirement Solutions, who have pension funds tracking FTSE4Good.
The area of sustainable investment, and FTSE4Good itself, when first launched, was regarded by some market commentators as a temporary fad. The landscape and market sentiment has changed radically with ESG integration into investment being the norm for most large institutional investors*. To mark the 15th anniversary, FTSE Russell is launching today the FTSE4Good Emerging Markets Index and FTSE4Good Latin America index, extending the FTSE4Good Index Series to over 15 indexes. These will provide valuable additions for those investors using FTSE4Good indexes who require an index option for their emerging markets allocations.
FTSE Russell is also releasing its new ESG Ratings data model, which provides underlying environmental, social and governance data on more than 4,100 companies across more than 300 indicators. This data will be available to subscribers alongside the Green Revenues (LCE) data model.
Mark Makepeace, Chief Executive, FTSE Russell, said:
“When we launched the FTSE4Good Index Series 15 years ago there was scepticism that this was a serious area for professional investors. Since then, the world and the investment landscape has changed beyond recognition and sustainable investing, climate risk, the transition to a low carbon economy, and ESG integration are now a core focus for our clients across asset owners, asset managers, consultants and banks.”
* Source https://www.unpri.org/about