“Taiwan Futures Exchange To Launch FTSE4Good TIP Taiwan ESG Index Futures Contract, The First ESG Futures in Asia” – Mondovisione – June 4, 2020

On June 4, 2020 Mondovisione reported that “Taiwan Futures Exchange (TAIFEX) has partnered with FTSE Russell and Taiwan Index Plus (TIP) Corporation to list the first futures contract linked to FTSE4Good TIP Taiwan ESG (“F4G TIP TW ESG”) Index on 8 June 2020, catering to the continuously growing market need for ESG (environmental, social and governance) investment in Taiwan.

The F4G TIP TW ESG Index, launched in December 2017, is designed to measure the performance of more than 70 companies listed on the Taiwan Stock Exchange that meet globally recognized ESG standards used by the FTSE4Good Index Series. In 2018, the Index was officially named as a domestic investment benchmark of the Taiwan Bureau of Labor Funds (BLF) with a total investment amount of USD 1.4 billion. Followed by the introduction of ESG ETFs, there has been increasing demand for ESG derivatives to hedge sustainability risks. The launch of F4G TIP TW ESG Index Futures will help to complement Taiwan’s ESG investment market.”

You may read the article on the Mondovisione internet site.