Europe’s largest asset manager Amundi today announced the expansion of its ESG ETF range with the listing of two additional Emerging Market ESG ETF building blocks on the London Stock Exchange. Both ETFs have been developed and launched in collaboration with the global asset manager AllianceBernstein.

The Amundi MSCI Emerging ex-China ESG Leaders Select UCITS ETF DR and the Amundi MSCI China ESG Leaders Select UCITS ETF DR provide exposure to broad emerging markets ex-China and Chinese equities, respectively.

In line with investor demand, these new ETFs incorporate ESG criteria and are classified as Article 8 under SFDR regulation. They both apply exclusion filters on companies involved in controversial activities including tobacco, weapons and thermal coal and implement a best-in-class approach by selecting the top 50% of companies in each sector by ESG score

With a total expense ratio of 0.35 percent, these complementary ETFs offer investors cost-effective and sustainable exposure to broad emerging markets and China according to the firm.

Amundi has a long history of working with clients to develop solutions to meet their needs. For AllianceBernstein, ESG is integrated in over US $456 billion of assets managed. Partnering with Amundi to add core emerging market equity ESG exposures was an important step in responding to the growing demand for more sustainable investment solutions.

Gaëtan Delculée, global head of ETF, indexing & smart beta sales, Amundi, said: “We are delighted with our partnership with AllianceBernstein, which illustrates our commitment to providing ongoing dialogue with clients and responding to their individual needs. As a dedicated partner and responsible investing leader, we believe it is incumbent upon us to guide and support our clients throughout their ESG journey.”