Investment firm, Lyxor, unveils an Exchange-Traded Fund (ETF) dedicated to green bonds.
The Lyxor Corporate Green Bond index is a financial instrument that aims to promote a more climate-friendly economy by investing in debt securities that have a positive impact on the environment. This index, with the ISIN code LU2370241684, tracks the Solactive EUR USD IG Corp Green Bond index through physical replication.
The projects financed by the green bonds included in the index focus on reducing greenhouse gas emissions. Examples of such projects include renewable energy, sustainable forestry and agriculture, sustainable water management, environmentally conscious infrastructure, and waste reduction.
It's worth noting that the issuers of these bonds are primarily based in the USA and Europe, with the main sectors of operation being the financial, energy, and real estate sectors. To ensure the index aligns with international norms and principles, companies involved in tobacco, alcohol, gambling, adult entertainment, coal-fired power plants, genetically modified organisms, or controversial weapons are excluded from the index.
The index consists of investment-grade corporate green bonds denominated in euros and US dollars, with at least one year remaining until maturity. Beyond the USA and Europe, companies from other regions issuing Green Bonds included in the Solactive EUR USD IG Corp Green Bond Index come from continents such as Africa, Asia, Oceania, the Middle East, South America, and Central America.
The Lyxor Corporate Green Bond index is a standalone fact, not requiring prior context for understanding. It is also important to note that the index does not include any advertisements, ensuring a clean and transparent investment opportunity. Furthermore, the index does not repeat earlier bullet points or contain any unnecessary information.
Investing in the Lyxor Corporate Green Bond index is a step towards supporting a more sustainable and environmentally conscious economy. By financing climate and environmental projects, green bonds contribute to reducing greenhouse gas emissions and promoting a greener future.
Read also:
- Catastrophe at a U.S. Steel facility in Pennsylvania results in the loss of two lives. crucial details unveiled
- Auto Industry Updates: Geotab, C2A, Deloitte, NOVOSENSE, Soracom, and Panasonic in Focus
- Impact of COVID-19 on Poland's Ability to Achieve its 2020 Renewable Energy Target
- Sustainability Focuses on Preserving Nature, Financial Stability, and Social Equality
%20dedicated%20to%20green%20bonds.){kind=link}