SPAIN - FTSE and Bolsas y Mercados Españoles (BME) have launched a responsible investment index for companies displaying good corporate responsibility.
Jorge Yzaguirre Scharfhausen, head of equity unit, BME, said: "The launch of the index will contribute to a greater awareness of the importance of responsible investment in Spain, which the Spanish stock exchange wants to lead."
The 27 companies already listed on the main BME index include financial institutions and technology companies.
Imogen Dillon Hatcher added: "The increasing interest from investors in understanding the environmental risk and performance has led FTSE to develop the FTSE4Good Ibex index specifically for investors who are looking to identify and invest in Spanish companies that meet both local and international corporate social responsibility standards."
Elsewhere, S&P announced it had expanded its African offering with a further three indices on the continent.
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