Morningstar launches Eurozone Societal Development Select 80 index

Morningstar has added to its range of sustainability indices with the launch of the Morningstar Eurozone Societal Development Select 80 index. The index will provide investors with exposure to large- and mid-cap eurozone-based companies with a "stronger commitment" to policies aligned to the United Nations' Sustainable Development Goals, and which support economic development in emerging markets. Morningstar said the index has been exclusively licensed by HSBC. The index's starting point will be the Morningstar Eurozone Large-Mid Cap index, with around 400 companies, and it will th...