Euronext licenses the CAC40 ESG to Amundi

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Paris  – 2 August 2021 – Euronext today announced that it has licensed its CAC40 ESG[1] index to Amundi, Europe’s largest asset management company, to launch an Exchange Traded Fund (ETF) that will be tracking the CAC40 ESG.

 

This license follows the launch by Euronext in March 2021 of the CAC 40 ESG index. Powered by V.E, part of Moody’s ESG Solutions, the CAC 40 ESG was designed to identify the 40 companies within the CAC Large 60 Index that demonstrate the best Environmental, Social and Governance (ESG) practices. Responding to the growing demand for sustainable investment tools from market participants, the CAC 40 ESG is Euronext’s first national ESG index and is derived from the CAC 40 index family.

Stéphane Boujnah, CEO and Chairman of the Managing Board of Euronext N.V., said: “We are honoured to grant Amundi today this CAC40 ESG® license. This is for Euronext an important step to accelerate the transition to a sustainable economy, following the launch of the CAC 40 ESG. The forthcoming Amundi ETF on this index will allow investors to finance sustainable projects and companies, in line with the UN Global Compact Principles and the SRI label for sustainable and responsible investment. As a leading index provider in Europe, we are delighted to contribute, together with all markets participants, to the construction of a sustainable financial ecosystem”.

Fannie Wurtz, Head of Distribution & Wealth Division & Head of ETF, Indexing & Smart Beta at Amundi commented : “We strongly believe that ETFs and index management have a key role to play in the democratisation of the access to responsible investing and the support of a transition to a more sustainable world. We warmly welcome Euronext’s initiative and the launch of the CAC 40® ESG index and we are delighted to be able to provide investors with access to this index though an ETF in the coming weeks”.

 

[1]  For more information on the composition of the index and the methodology, see https://live.euronext.com/en/product/indices/FR0014002B49-XPAR. Alongside the CAC 40 ESG® GR index (ticker code CACESGGR) calculated based on gross return, with dividend reinvested, Euronext has introduced the CAC 40 ESG® (ticker code CACESG) calculated based on price return and the CAC 40 ESG® NR (ticker code CACESGNR), based on net return, with the dividend minus tax reinvested.

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About Euronext 
Euronext is the leading pan-European market infrastructure, connecting European economies to global capital markets, to accelerate innovation and sustainable growth. It operates regulated exchanges in Belgium, France, Ireland, Italy, the Netherlands, Norway and Portugal. With more than 1,900 listed issuers and around €7.1 trillion in market capitalisation as of end March 2024, it has an unmatched blue-chip franchise and a strong diverse domestic and international client base. Euronext operates regulated and transparent equity and derivatives markets, one of Europe’s leading electronic fixed income trading markets and is the largest centre for debt and funds listings in the world. Its total product offering includes Equities, FX, Exchange Traded Funds, Warrants & Certificates, Bonds, Derivatives, Commodities and Indices. The Group provides a multi-asset clearing house through Euronext Clearing, and custody and settlement services through Euronext Securities central securities depositories in Denmark, Italy, Norway and Portugal. Euronext also leverages its expertise in running markets by providing technology and managed services to third parties. In addition to its main regulated market, it also operates a number of junior markets, simplifying access to listing for SMEs.  
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