MSCI, Barclays to create environmental, social and governance indexes

By Tali David

Minneapolis, May 4 - MSCI Inc. and Barclays Bank plc reached an agreement to create a family of co-branded environmental, social and governance fixed-income indexes, according to a press release.

The indexes will be aimed at asset owners and managers with environmental, social and governance commitments, such as United Nations Principles for Responsible Investing signatories, who have exposure to fixed-income investments that require a benchmark that integrates environmental, social and governance factors.

"The objective of MSCI's ESG business is to provide investors with tools to integrate ESG factors across a broad range of asset classes. Working together with Barclays, we expect these new benchmarks to fill a gap in the market and facilitate the growth of ESG investment," MSCI managing director and head of the index business Baer Pettit said in the release.

MSCI is a New York-based provider of investment decision support tools, including indexes, portfolio risk and performance analytics and corporate governance services. London-based Barclays offers investment banking products and services.

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