BlackRock launches Paris Aligned iShares UCITS Fixed Income ETF
BlackRock launches Paris Aligned iShares UCITS Fixed Income ETF Submitted 15|06|2022 - 8:16am The global momentum towards net zero continues to drive demand for sustainable investment strategies. BlackRock has launched an ETF that aims to help investors align their portfolios with the objectives of the Paris Agreement – the international agreement to limit global warming to 1.5°C above pre-industrial levels. The iShares € Corp Bond ESG Paris-Aligned Climate UCITS ETF are designed to mitigate exposure to transition and physical climate risks, capture opportunities arising from the transition to a lower-carbon economy and screen out exposure to businesses involved in activities such as oil and gas, thermal coal, controversial weapons, high carbon electricity generation and social norm violators. The firm writes that this fund will track a newly designed Bloomberg MSCI index which offers investors a differentiated, fixed income specific methodology. The index tilt issuer weights to maintain diversification while achieving the Paris Aligned benchmark regulatory standards as well as improving the overall ESG profile.
BlackRock launches Paris Aligned iShares UCITS Fixed Income ETF
BlackRock launches Paris Aligned iShares UCITS Fixed Income ETF Submitted 15|06|2022 - 8:16am The global momentum towards net zero continues to drive demand for sustainable investment strategies. BlackRock has launched an ETF that aims to help investors align their portfolios with the objectives of the Paris Agreement – the international agreement to limit global warming to 1.5°C above pre-industrial levels. The iShares € Corp Bond ESG Paris-Aligned Climate UCITS ETF are designed to mitigate exposure to transition and physical climate risks, capture opportunities arising from the transition to a lower-carbon economy and screen out exposure to businesses involved in activities such as oil and gas, thermal coal, controversial weapons, high carbon electricity generation and social norm violators. The firm writes that this fund will track a newly designed Bloomberg MSCI index which offers investors a differentiated, fixed income specific methodology. The index tilt issuer weights to maintain diversification while achieving the Paris Aligned benchmark regulatory standards as well as improving the overall ESG profile.