Index roundup: Nasdaq Nordic pitches ESG version of benchmark index
Nasdaq Nordic has launched a version of its benchmark OMX Stockholm 30 index that is compliant with environmental, social and governance (ESG) investing, which it said is the first ESG index based on a leading exchange-traded index. The OMX Stockholm 30 ESG Responsible Index has been designed to provide an ESG-compliant version of the OMX Stockholm 30 index that can be used by relevant funds, exchange-traded funds (ETFs), structured products and derivatives. The new index is based on the 30 most traded securities on Nasdaq Stockholm with a systematic rule-based ESG screening developed with ISS-Ethix.
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