The newly formed unit will support clients with comprehensive ESG index products and services, plus analytical tools that will provide a road map to define and measure the global economic transition to a low-carbon economy.
Kevin Bourne and Gordon Morrison, founders of LCE Risk, will lead the unit. Bourne will serve as managing director, and Morrison will direct a new ESG Analytics team.
The unit will also include the existing Responsible Investment team, headed by David Harris.
“We are delighted to have both Kevin and Gordon on board,” said Mark Makepeace, chief executive of the FTSE Group. “They bring extensive expertise on ESG analytics and economic impact modeling. I am very proud with what David and the Responsible Investment team have achieved, and these appointments will allow us to more effectively support clients looking to integrate ESG into their investment decisions, and to manage the transition to a lower-carbon economy.”
FTSE established the unit in response to the increasing demand from the global investment community for integrated ESG services.