Responsible-investor.com reported today that NYSE Euronext has partnered with French consulting firm Vigeo to launch a range of ESG indices to respond to the growing demand for responsible investing.  The indices will cover global stocks, European stocks, United Kingdom stocks and United States stocks by the end of June, and will comprise companies that Vigeo ranks highest for corporate responsibility and contribution to sustainable development according to 38 different criteria.

The range of criteria is intended as a “benchmark for fund managers and companies interested in communicating their commitment to responsible behavior to employees, shareholders, business partners and customers,” according to the article.  The indices launch also comes as the NYSE is in the process of being acquired by IntercontinentalExchange (ICE), an $8billion deal that was announced in December 2012.

What do you think of the ESG indices? Is it a good idea? Do you think it will help investors make investment decisions, and provide for greater transparency? Discuss!