BlackRock Introduces Eurozone Equity ETF with ESG Criteria

BlackRock has expanded its sustainable investing range with the iShares EURO STOXX 50 ESG UCITS ETF (ES50), listed on the Deutsche Boerse. The ETF tracks the EURO STOXX 50 index, offering exposure to the 50 largest companies in Europe that comply with STOXX’s ESG criteria. The benchmark excludes companies involved in controversial weapons, thermal coal, unconventional oil and gas, military contracting, small arms, and tobacco. ES50 is also screened based on Sustainalytics Global Standards screening, controversy rating, and ESG risk rating. It is categorized as Article 8 under the Sustainable Finance Disclosure Regulation (SFDR).