The German stock-market company said the Eurex STOXX USA 500 ESG-X Futures contract screens out thermal-coal mining, coal-fired power plants, controversial weapons, tobacco and businesses in violation of the United Nations Global Compact.
Qontigo has announced the expansion of the STOXX Factor Index suite to include a family of ESG-screened indices. The STOXX ESG-X Factor Indices provide sustainability-driven investors with ESG-screened indices that can target similar levels of factor exposures as the STOXX Factor Indices, while controlling for unintended exposures.
Qontigo has licensed the DAX® 50 ESG Index to Lyxor Asset Management to serve as an underlying for an ETF. The ETF was listed today and is available for trading on Xetra and via Börse Frankfurt. The index marries ESG-based exclusion and inclusion mechanisms: companies involved with controversial activities or not in compliance with ethical principles are excluded, and high environmental, social and governance (ESG) scores are an inclusion criteria for company selection.
Qontigo has expanded its suite of innovative thematic indices by two new concepts: online gaming and the fight against obesity. The STOXX® Video Gaming & eSports Index and the STOXX® Health & Weight Loss Index were introduced today, and financial products based on these indices are expected to launch in the coming weeks.