Invesco has launched a range of ETFs based on the MSCI ESG Universal indices, incorporating environmental, social, and governance criteria in Switzerland.
For Invesco ETFs, which are included in SIX, the index weighting is based not only on the size of the individual companies but also on ESG factors (environment, social and governance).
The Invesco MSCI World ESG Universal Screened UCITS ETF aims to provide the performance of the MSCI World ESG Universal Select Business Screens Index, after the impact of fees. It track the consistent MSCI indices for Europe, the US, and the world.
The MSCI ESG Universal indices place a higher weight on companies with a strong ESG profile and those with ESG momentum. In return, companies that are involved in controversial business practices are shunned.
Around 8% of the shares have so far been excluded from the universe.