S&P Dow Jones launches two new sustainable development indexes

Chicago, Jan. 9 – S&P Dow Jones Indices announced the launch of the S&P 500 SDG index and the S&P Global LargeMidCap SDG index in a press release on Tuesday.

The new indexes are designed to offer market participants broad-based equity performance measurements and diverse exposures to companies that are collectively more aligned with the United Nations' 17 sustainable development goals.

The indexes will utilize underlying data that does not focus on assessing the financial materiality of environmental, social and governance factors for an industry or specific company. Instead, they will leverage data intended to measure and reflect specific external impact that companies' products and activities are making on society and the environment, regardless of the financial materiality implications.

New York-based S&P Dow Jones Indices is a joint venture between S&P Global, CME Group and News Corp.

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