BlackRock will incorporate the EU Climate Transition Benchmark (EU CTB) for a suite of six exchange-traded funds during the next index rebalancing. The six ETFs were launched in March 2019 and offer various regional equity exposures tracking indices by MSCI.
In an interview with AMWatch, BlackRock's Head of Sustainable Indexing for the EMEA region, Manuela Sperandeo, describes this forthcoming change as "one of BlackRock's most important initiatives in 2021," as it affects more than USD 9bn in client assets. This makes the suite the largest climate-aligned ETF range in the EMEA region.
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