The op.fi trading site has extended its ETF range with responsible ETFs. ETFs categorized as responsible can be easily found in the Vastuulliset (Responsible funds) category added below ETF-listat (ETF lists). Also, megatrends have been given their own category, and so it’s even easier to find ETFs that correspond with different megatrends.
ETFs that base investment decisions either on values, ESG or certain themes have been added onto the Responsible funds list. ESG is short for Environmental, Social, Governance. Below you will find short and simple explanations for the ETF-related abbreviations. More detailed information can be found in each ETF’s Key Investor Information Document.
- SRI (socially responsible investing) – these funds usually make value-based investments, excluding, for instance, companies whose business is related to tobacco, alcohol, nuclear power or who have violated international norms.
- ESG – these funds take account of ESG viewpoints in investing. The funds can have different focuses, such as:
- ESG Screened – exclusions by certain principles, for example, thermal coal, violations of international norms and ethical exclusions
- ESG Leaders – exclusions by certain principles, selects in each sector companies that have received the highest ESG ratings
- ESG Enhanced – lesser weight on exclusions, maximises the index’s weighted ESG score