Legal & General Investment Management has partnered with Verisk Maplecroft to develop a new suite of sovereign ESG index funds.
Yesterday (20 April), LGIM said they would be working with the global risk analytics firm to allow investors to help address the climate emergency, protect human rights and foster sustainable development in their sovereign investing. Index providers have struggled to properly evaluate sovereigns from an ESG rating perspective, but the firm argued that governments were "either directly responsible for, or ultimately guarantee, almost all aspects of ESG". Verisk Maplecroft said that their sovereign ESG analytics draw on "thousands" of various geospatial, unstructured, structured and exp...
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