Investors will be able to use ESG Finder to filter and compare securities based on ecological, social and economic criteria.
Boerse Stuttgart Group has announced the introduction of ESG Finder, a tool that provides external ESG ratings of 16,000 equities, ETFs, investment funds, and government and corporate bonds tradeable on the exchange.
The ratings come from MSCI ESG Research and evaluate how well companies or countries deal with risks and opportunities in relation to environmental, social and governance (ESG) aspects.
Retail investors may now conduct an intuitive step-by-step search, or filter the securities individually using a detailed search from a number of ESG criteria, including CO2 emissions or the exclusion of certain sectors or countries.
ESG Finder provides fundamental ratios for the securities of the different asset classes and presents the results in easy-to-use graphics, said the announcement.
“With the ESG Finder, we provide guidance on sustainable investments and contribute to a better match between the increasing demand from retail investors and the growing supply of ESG products via the stock exchange. At the same time, we are also underlining the importance of sustainability for Boerse Stuttgart Group,“ said Dr Katja Bodenhöfer-Alte, Managing Director at Baden-Wuerttembergische Wertpapierboerse and responsible for Boerse Stuttgart Group’s sustainability initiative.
“For example, Boerse Stuttgart Group and its subsidiaries have already implemented climate neutrality in areas of direct influence by the end of 2021. Boerse Stuttgart Group will define reduction targets for indirect emissions until the end of 2023, and take appropriate steps to achieve net-zero emissions in the future.
To make use of ESG Finder, investors must register, free of cost, on Boerse Stuttgart’s website. The ESG Finder has been developed by Boerse Stuttgart Group’s software subsidiary, Sowa Labs.
Sowa Labs is also behind the development of Boerse Stuttgart Group’s crypto trading app, BISON, which currently serves more than 500,000 active users.
BISON has recently launched a savings feature to address client demand. Starting at a savings rate of 0.01 euros per week, month or quarter, the savings plans are meant to complement the already vast offering provided by the BISON app, under the Boerse Stuttgart Group’s umbrella.
The crypto app allows users to trade Bitcoin, Ethereum, Litecoin, Ripple (XRP), Bitcoin Cash, Chainlink, and Uniswap with no commission and with solid execution and liquidity.
BISON taps EUWAX AG for liquidity and blocknox GmbH for custody services, on an escrow basis and free of charge. Both EUWAX AG and blocknox are subsidiaries of Boerse Stuttgart GmbH.