The Amundi MSCI New Energy ESG Screened UCITS ETF Dist is a UCITS compliant exchange traded fund that aims to track the MSCI ACWI IMI New Energy ESG Filtered. The index aims to represent the performance of stocks whose activities are linked to the development of products and services in the sectors of alternative energy, energy efficiency, batteries and smart grid technologies.
The index is based on a best-in-class ESG approach, meaning that companies in the bottom quartile by sector-adjusted ESG score are excluded from the theme universe. Companies exposed to controversial businesses, those who are the subject of severe ESG controversy or those who are in violation of the UN Global Compact are also excluded..