07 Feb 2020
07 Feb 2020
Are electric utilities governance and strategies well equipped for the transition to a greener world? Florent Deixonne, Head of SRI and Deborah Slama Yomtob, SRI analyst in charge of voting and engagement activities at Lyxor Asset Management present their findings in a report on nine US and European electric utilities with the largest carbon footprints.
Whether you think utilities are leading or lagging the way to carbon neutrality, one thing is clear - finance has the power to change the world, and investors have a critical part to play. Green bonds are great instruments to direct capital towards eco-friendly projects.
Our Green Bond ETF launched in 2017 was the first of its kind in the world. Since then, it’s been awarded the prestigious Greenfin label, a national certification for private investments in a green economy introduced by the French government. The label solidifies its credibility as a fund committed to financing the green economy.
We believe fossil-fuel companies have a powerful role to play in helping accelerate the low-carbon transition.
Yet we appreciate that some investors’ ESG principles and priorities may not allow for such holdings in their portfolios, which is why you wouldn’t find them in our ESG-screened Green Bond ETF.
This variant of our original fund comes with an issuer-level ESG filter designed to exclude companies involved in fossil fuel and nuclear power, controversial businesses or which operate in violation of the UN Global Compact.
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