VanEck Vectors MSCI Australian Sustainable Equity ETF

Product Name

VanEck Vectors MSCI Australian Sustainable Equity ETF

Issuer

VanEck

Category

Investment

Type

Exchange Traded Fund (ETF)

Target

Retail, Wholesale, Institutional

Certified Since

2020

Asset Classes

Australian only equities

Markets

Australia

Investment Approaches

Negative Screening, Positive Screening

It Includes:

  • No inclusions5 No specific themes

It has some level of screening for:

  • Riaa icons 41 Alcohol
  • Riaa icons 56 Animal cruelty
  • Riaa icons 36 Armaments
  • Riaa icons 42 Gambling
  • Riaa icons 45 Genetic engineering
  • Riaa icons 52 Human rights abuses
  • Riaa icons 50 Nuclear power
  • Riaa icons 99 Pornography
  • Riaa icons 35 Tobacco

It fully excludes:

  • Riaa icons 33 Fossil fuels

Overview

VanEck Vectors MSCI Australian Sustainable Equity ETF (GRNV) is a true-to-label sustainable Australian equity portfolio with a values-based and environmental impact investing solution. GRNV tracks a state-of-the-art benchmark index, the MSCI Australia IMI Select SRI Screened Index (GRNV Index).


Description


The rules for inclusion in the GRNV Index encompass both negative and positive screens across the broad MSCI Australia Domestic IMI universe. Business involvement screening exclusion is set out below.

Companies with material involvement in the following activities are excluded: (material involvement criteria varies by category and is outlined in in the MSCI Australia IMI Select SRI Screened Index Methodology. 

• Adult entertainment
• Alcohol
• Animal welfare
• Civilian firearms
• Conventional weapons
• Controversial weapons
• Fossil fuel (any companies that own any fossil fuel reserves or derive revenue from mining thermal coal or from oil and gas related activity)
• Gambling
• Genetically modified organisms (GMOs)
• Nuclear power
• Nuclear weapons
• Tobacco
• Soft drinks
• Nutrition & Health.

ESG controversies exclusion:  
Companies flagged by MSCI as having red or orange ESG controversies are excluded from the GRNV Index.

Human rights controversies exclusion: 
Companies flagged by MSCI as having red, orange or yellow human rights controversies are excluded from the index.

ESG leaders’ inclusion: 
Research data from MSCI is used to only include ESG leaders. MSCI rates companies’ ESG performance on a scale of 'AAA' to 'CCC'. Only companies rated ‘AAA’, 'AA' or 'A' are included in the GRNV Index.

Other products certified by the Responsible Investment Association Australasia (RIAA)

VanEck Vectors MSCI International Sustainable Equity ETF (ASX code: ESGI)

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