Canada-based impact rating agency Impak Analytics, in collaboration with partners CIRCA5000 (C5K) and BITA, has launched impact indices based on an ESG and impact assessment. The five new indices and exchange-traded funds (ETFs) are designed facilitate the creation of innovative and structured financial products. The indices focus on five key areas: green energy and technology, sustainable food and biodiversity, clean water and waste, social and economic empowerment, and health and well-being. This approach aims to ensure that investors can align their investment strategies with their values and contribute to meaningful progress. Impak Analytics‘ methodology for selecting companies to be included in the indices is based on a double materiality approach. Investors will have the flexibility to customise their index strategies by employing various approaches such as thematic screening, best-in-class, and exclusion. This customisation option enables the creation of new investment products, allows for direct indexing, and facilitates benchmarking. “Thanks to [C5K’s] unique impact investment thesis in combination with our methodology, this partnership will enable the first truly sustainable investment products with positive impacts, without having to compromise on generating long-term financial returns,” Paul Allard, CEO and Co-founder of Impak Analytics, said.
