AuAg ESG Gold Mining UCITS ETF (LSE:ESGP) Acc portfolio manager Eric Strand joins Proactive London to explain how the exchange-traded fund works for investors and how it promotes positive change within the sector.
As he explains, the world needs a lots of different metals for the green transformation but while mining is not always the most sustainable sector, the fund tracks an index that screens out all but the 25 most sustainable mining companies.
Strand notes that promoting sustainability changes within sectors known for pollution like transport or mining, the changes “have much larger net effect for the green world” than for other sectors.
He also talks through the biggest sustainability issues in the sector, what makes an ESG-friendly miner, and what screening is carried out the enable the index to only include the best of the best.