Citi Launches ESG World Indices in Response to Ongoing Demand for ESG Benchmarks
Citi Launches ESG World Indices in Response to Ongoing Demand for ESG Benchmarks Citi has launched a new equity benchmark index family which places Environmental, Social and Governance (ESG) considerations and opportunities at its core. The Citi ESG World Indices are Citi's first proprietary indices to offer a benchmark for best-in-class ESG performers from across global markets. The indices use ESG ratings provided by Arabesque, a leading ESG data and analytics company. Unlike other ESG index approaches which typically embed negative screening methodologies to reduce exposure to ESG risks su...