A Sustainable Investment in Journalism

A sustainable business requires diverse revenue streams. ESG Investor now operates a subscription service as of Tuesday 14th May. To find out more please get in touch with our subscription team on subscriptions@esginvestor.net

Fund Solutions

WisdomTree Adds Renewable Energy ETF

Fund management firm WisdomTree has unveiled the Article 9 SFDR-compliant WisdomTree Renewable Energy UCITS ETF (WRNW). The fund becomes the tenth ETF in its US$1.25 billion thematic range. WRNW index tracks the performance of global companies involved in the renewable energy value chain that meet WisdomTree’s ESG criteria. To be included in the index, companies must be involved in activities including the supply “key commodities”, such as steel, copper, or aluminium, the generation of renewable power and development of new projects to add additional capacity, or creating new renewable energy technologies such as floating wind and solar, solid-state batteries, and hydrogen electrolysers. The fund uses energy transition research and consulting firm Wood Mackenzie’s market intelligence and becomes the fourth exchange-traded product the two companies have partnered on. Chris Gannatti, Global Head of Research at WisdomTree, said: “The transition towards cleaner and more sustainable energy sources is our best chance of tackling climate change. Renewable energy is at the heart of this endeavour, and we see several key drivers that could propel the growth in renewable energy usage.”

The practical information hub for asset owners looking to invest successfully and sustainably for the long term. As best practice evolves, we will share the news, insights and data to guide asset owners on their individual journey to ESG integration.

Copyright © 2024 ESG Investor Ltd. Company No. 12893343. ESG Investor Ltd, Fox Court, 14 Grays Inn Road, London, WC1X 8HN

To Top