FTSE launches ESG ratings service

Index firm FTSE has launched an ESG ratings service that builds on the FTSE4Good index series, according to a report in the Financial Times. The FT said the service would give more detailed analysis of how global companies compare on governance and social and environmental practices. Company ratings are re-assessed twice a year by research firm EIRIS.

Société Générale’s corporate and investment banking arm has launched the group’s first Socially Responsible Investment Exchange Traded Note (SRI ETN) on the London Stock Exchange and is donating the management fees to charity. The bank said the launch followed a report published by its broker research team on the growing importance of integrating Environmental, Social & Governance (ESG) metrics into investment research to gauge a company’s management quality and risk governance.

Read the full information in Responsible Investors.com