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S&P Dow Jones Indices, a division of S&P Global (NYSE:SPGI), has unveiled two innovative benchmarks to provide investors with exposure to companies that are more closely aligned with the United Nations’ 17 sustainable development goals (“SDG”).
The S&P 500 SDG Index and the S&P Global LargeMidCap SDG Index utilize data to measure and reflect the specific external impact made by companies’ products and activities on society and the environment, irrespective of financial materiality implications.
Jas Duhra, global head of Sustainability Indices at S&P DJI, stated, “These indices utilize the S&P 500 Index and the S&P Global Large MidCap Index as their underlying parent and reference benchmarks for constituent screening and selection.”
Adopted by the UN’s member countries in September 2015, the 17 SDGs were established to address the world’s most critical and urgent environmental, social, and governance challenges.
