Lyxor obtains SRI label for two of its ESG ETFs
Lyxor has been awarded the SRI label for two of its ESG ETFs: Lyxor MSCI Europe ESG Leaders (DR) UCITS ETF and Lyxor MSCI EMU ESG Trend Leaders (DR) UCITS ETF.
This label is a recognition of Lyxor’s ability to create innovative and high-quality funds taking into account Socially Responsible Investment criteria through its growing range of ESG ETFs. Created by the French Finance Ministry, the “SRI Label” is a guarantee for European investors on the quality and the robustness of the ESG investment process, transparency and reporting. It was issued at the end of a strict labelling process led by an independent accredited labelling body.
Lyxor’s ESG Leaders and Trend Leaders ETFs track MSCI indices designed to identify best-in-class companies with robust ESG profiles, with Trend Leaders ETFs rewarding companies which have improved their ESG ratings over the previous year.
François Millet, Head of ETF Strategy, ESG & Innovation at Lyxor, says: “This label recognises Lyxor’s expertise in conceiving high-quality and innovative ETFs, encouraging the transition towards a more sustainable economy”.
The Lyxor ETF ESG range comprises nine funds, including four ETFs designed to help contribute to the UN Sustainable Development Goals such as clean water, gender equality, new energy and green bonds. The range has raised nearly EUR1 billion so far this year, almost doubling Lyxor ETF’s total ESG AUM over the period.
Earlier this year, the Lyxor Green Bond (DR) UCITS ETF – the world’s first green bond ETF – became the first ETF ever to obtain the “Greenfin” label.