SIX Telekurs launches Nordic sustainability index
SIX Telekurs, in cooperation with Ethix SRI Advisors, today announced the launch of sustainability indices for the Nordic region under the name of SIX STAR. The new indices meet market demand while the underlying sustainability analysis provides a basis for dialogue between investors and companies.
Overall, the 260 most actively traded companies in Denmark, Finland, Norway and Sweden have been analyzed according to environmental, social and governance criteria whereby the 25 highest ranked in each country and across the Nordic countries are included in SIX STAR. Harry Matilainen, senior index analyst at SIX Telekurs, commented, "We have, over a long period, noted a strong demand from our customers for sustainability indices, and it is something we can now offer them. We are very happy with the cooperation with Ethix. We complement each other with specialist knowledge, SIX Telekurs the index calculation and Ethix the company analysis. " Ulrika Hasselgren, CEO of Ethix SRI Advisors says, "We believe in highlighting good practice to promote sustainability. The analysis has been developed with the goal of enabling value creation for both investors and companies." SIX STAR is a family of sustainability indices with low investment costs suitable for investment products, and as a benchmark. SIX STAR consists of four country indices as well as a Nordic index. • SIX STAR Denmark Sustainability Index 25 • SIX STAR Finland Sustainability Index 25 • SIX STAR Norway Sustainability Index 25 • SIX STAR Sweden Sustainability Index 25 • SIX STAR Nordic Sustainability Index 25