S&P Dow Jones Indices, a unit of S&P Global Inc., is launching an environmental, social and governance version of its S&P 500 Index in an effort to meet increased investor demand for impact-investment products based on U.S. equities.
The index will target 75% of the traditional S&P 500's market capitalization at the industry level based on the Global Industry Classification Standard. "We will continue to contribute to the growth of sustainable finance and economies through our indices."
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