Since 2015, S&P Dow Jones Indices (S&P DJI) has had a proud partnership with La Bolsa Mexicana de Valores (BMV Group). Together, we develop, license, distribute and manage co-branded indices, including equity, debt and multi-asset indices, with the aim of bringing a more extensive line-up of index choices to the Mexican and global financial markets.
One area of increasing interest in the indexing space is sustainability indices, which are built to provide benchmarks focused on companies demonstrating strong environmental, social and governance (ESG) credentials compared with their peers. In recent years, S&P DJI has built up its catalogue of sustainability indices to over 200, offering investors a suite of solutions ranging from simple exclusionary screening approaches all the way to net zero climate-focused strategies.
In partnership with BMV Group, we have two main equity sustainability indices focusing on Mexican equities with a sustainability lens, the S&P/BMV Total Mexico ESG Index and S&P/BMV IPC ESG Tilted Index (see Exhibit 1). We also provide sustainable versions of certain factor and thematic indices.
A key input into each of these indices is the use of S&P DJI ESG Scores. S&P DJI ESG Scores robustly measure ESG risk and performance factors for corporations, with a focus on financial materiality. The fundamental research process is outlined in Exhibit 2.
