Nuveen Active ETF Provides Exposure to Global Economy's Transition to Net Zero Carbon
NEW YORK, June 24, 2022 /PRNewswire/ -- Launching today, the Nuveen Global Net Zero Transition ETF (NASDAQ: NTZG) will express conviction in the ongoing transition of the global economy to "net zero"1 carbon emissions. In seeking to align with the goals of the Paris Climate Agreement on avoiding dangerous climate change, the underlying holdings of the fund are comprised of stocks in the following three categories:
- NEW YORK, June 24, 2022 /PRNewswire/ --Launching today,the Nuveen Global Net Zero Transition ETF (NASDAQ: NTZG) will express conviction in the ongoing transition of the global economy to "net zero"1 carbon emissions.
- These forces represent a powerful tailwind for our strategy as more investors prudently realize the urgently needed transition to net zero will inevitably create market winners and losers,"said Jordan Farris, Head of ETF product, Nuveen.
- Nuveen's net zero stewardship approach focuses on the portfolio's highest carbon emitters to move companies closer to meaningful reductions in their emissions.
- Investors view the transition to net zero carbon as a critical investment criterion, as shown in Nuveen's market research.