The responsible investment division of Institutional Shareholder Services (ISS) Inc., ISS ESG, has launched new indexes for investors seeking to align their portfolios with the United Nations’ sustainable development goals (SDGs).
The new indexes comprise companies based on ISS ESG’s SDG impact ratings, which were launched earlier this year to provide a comprehensive metric of a company’s impact using the UN’s 17 SDGs as a reference.
The Solactive ISS SDG Leaders index aims to track companies that are generating an overall significant positive impact on the SDGs, and have no negative impact on any of the individual SDGs.
The Solactive ISS SDG Aligned Index Series aims to track various segments of the global stock market, while including only companies making a positive impact on the SDGs, and no significant negative impact on any of the individual goals.