PenSam Taps S&P Dow Jones Indices to Create a Climate-Focused Index
Portfolio Pulse from Benzinga Newsdesk
S&P Dow Jones Indices (S&P DJI) has been chosen by PenSam, a Danish pension provider, to create a custom climate-focused index using S&P DJI's beS&P Index service. This service allows clients to collaborate on index-based solutions tailored to their specific needs, incorporating proprietary exclusions and targeted exposures.
January 30, 2024 | 8:09 am
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S&P Global Inc. (SPGI), through its S&P Dow Jones Indices division, has secured a partnership with PenSam to create a custom climate-focused index, potentially enhancing SPGI's reputation in ESG index offerings.
The partnership with PenSam to create a climate-focused index is likely to have a positive impact on SPGI's stock in the short term. It demonstrates SPGI's capability in ESG-focused index creation, a growing area of interest for investors, and could lead to similar deals in the future, enhancing revenue prospects.
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