"The search for strategies that identify risks and growth opportunities with a motivation in sustainable investing has never been higher for emerging markets.
Environmental, social, and governance (ESG) investing provides a way for investors to go above and beyond traditional financial considerations by focusing on a variety of impactful topics relevant to corporations. These topics include how companies interact with their employees, the communities they operate in, their commitment to the environment, and how they encourage change and innovation, to name a few.
The rapid growth and relevance of sustainable investing over the past years has made it a cornerstone in the investment selection process, so the presence of a broad ESG benchmark for the largest market in Latin America was necessary.
Aimed toward ESG-oriented investors, S&P Dow Jones Indices launched on Aug. 31, 2020, the S&P/B3 Brazil ESG Index, an ESG-weighted index following a straight set of rules suitable for the Brazilian market, with a focus on sustainability and ESG principles similar to those of the S&P 500® ESG Index."
Read more details here.
Source: Nasdaq & ETF Trends