NASDAQ Launches ESG Responsible Index Futures


Stockholm (NordSIP) – Nasdaq (NDAQ) announced a launch of Futures based on the recently launched OMXS30 ESG Responsible Index on October 15, an ESG-compliant version of its OMXS30 European index, which includes the 30 most traded securities on Nasdaq Stockholm and which follows a systematic rule-based ESG screening.

“In recent years we have seen institutions increase efforts to integrate sustainability into their investment strategies, with the Nordic region being in the forefront of this trend,” said Alessando Romani, Head of European Equity Derivatives at Nasdaq according to AP. “Those looking to invest in a more sustainable way need more investment products based on established and liquid indexes.”

- Promotion -

“Our existing OMXS30 index future is among the most traded in Europe, and we expect to see the same interest for the ESG version,” he added.

The Futures tracking the OMXS30ESG Index are the latest in a series of Nasdaq Nordic initiatives to encourage investors to manage risk in a more sustainable way. It follows the first green commercial paperlaunched on Nasdaq Stockholm last month and its Sustainable Bond Market earlier in the year, the world’s second largest in terms of listed bonds that was also recently expanded into Finland. An ESG Reporting Guide for listed companies in the Nordics and Baltics was launched by Nasdaq last year.

The OMXS30 Futures are available for trading on Nasdaq Stockholm as of October 15. Nasdaq’s next plans involve the launch of two other corresponding ESG indexes in Denmark (OMXC25) and Finland (OMXH25).

Nasdaq has a market value of roughly $14 trillion and is home to approximately 4,000 listings.

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Aviva Investors, the global asset management business of Aviva plc (‘Aviva’), has been awarded ‘A+’ and ‘A’ ratings by the United Nations Principles for Responsible Investment (PRI), the world’s leading proponent of responsible investing, as part of the organisation’s 2020 Assessment Reports for signatories.

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