German company Solactive has been voted weather index provider of the year after a series of innovative climate-focused launches for asset managers and issuers across Europe.
A provider of indexing and benchmarking solutions for the investment community, Solactive’s “open architecture” approach – working with many different ESG data providers – and its long-standing focus on tailoring Customer-needed indexes are key differentiators in the indexing industry and sit at the heart of its launches in the climate space.
The Frankfurt-based company started 2021 with two bespoke benchmarks, which “surpassed” the requirements of the EU’s Paris-aligned Benchmarks, for Dutch asset manager Robeco.
A few weeks later, it served as index provider for what was believed to be the world’s first Paris-aligned bond exchange-traded fund (ETF), issued by British asset manager Tabula.
Then, in April 2021, he launched another ETF, but this time for Amundi – one that tracks the Solactive iCPR Climate Credit PAB Index. All three launches were supported by different ESG data providers, highlighting one of Solactive’s key differentiators: its open architecture approach to ESG data.
Later that year, Solactive was appointed index provider for two green bond ETFs for French asset manager Lyxor (now Amundi) – based on its Solactive Euro Government Green Bond Index and its Solactive EUR USD Investment Grade Corporate Green Bond Total Return.
In equities, Solactive provided the index for UBS’s first climate-sensitive ETF. It also provided a set of EU-aligned benchmarks Paris to Handelsbanken – the first Swedish asset manager to offer such funds.
Solactive provided the underlying benchmarks for the early 2022 launch of two Paris-aligned ETFs from German asset manager DWS.
As of February 2021, approximately $250 billion was invested in products linked to its indices.
A Environmental financing The awards judge said, “The company offers significant opportunities for innovative index products to come to market.”