S-Network Partners with Newday Impact Investing to Launch First Suite of Indexes Targeting UN Sustainable Development Goals (SDGs)
New York, NY (June 27, 2018) — S-Network Global Indexes announced that it has partnered with Newday Impact Investing on their launch of the “Newday Impact Investing iOS App.” The app is now available for download at the App Store and will be available soon on Google Play. Accounts may be established with as little as $5.
S-Network assisted Newday in creating three new indexes that address the UN Sustainable Development Goals (SDGs). The first group of indexes addresses ocean health and clean water, renewable energy and reduced greenhouse gas emissions, and gender equality. Additional indexes will be constructed later this year.
The Sustainable Development Goals (SDGs), otherwise known as the Global Goals, are a universal call to action to end poverty, protect the planet and ensure that all people enjoy peace and prosperity. The 17 Goals address areas such as climate change, economic inequality, innovation, sustainable consumption, peace and justice, among other priorities.
“We're proud to partner with a progressive organization that values transparency and digestible impact investment solutions. Investors see a new opportunity to invest for their future goals with profits and impact in mind,” said Joseph LaCorte, CEO of S-Network.
“The SDGs are arousing investors who want to make their investment savings connect with their personal or ethical values. These investors see an impact link between the SDGs and their investing objectives,” said Gregg Sgambati, Head of ESG at S-Network.
"We are pleased to have S-Network as an important partner in the development process of our indexed based strategies. We view S-Network as a leading provider of data solutions and index construction services. They’ve allowed us to accelerate the delivery of our proprietary thematic based strategies and be agile in an area that’s complex and continues to evolve,” said Doug Heske, CEO of Newday.
S-Network Global Indexes Inc.
S-Network Global Indexes, Inc. is a publisher and developer of proprietary and custom indexes. Founded in 1997, S-Network publishes over 200 indexes, which serve as the underlying portfolios for financial products with over USD 8 billion in assets under management. S-Network indexes, which are supported by a state-of-the-art technology platform, are known for their transparency and efficiency. For more information, visit http://www.snetglobalindexes.com/.
Newday Impact Investing
Based in San Francisco, Newday is a technology-enabled asset manager that provides affordable, transparent and easy-to-understand impact investment solutions to the mass market. By investing in socially responsible and sustainable companies, Newday aims to generate competitive return and, most importantly, drive meaningful change in the way companies in our portfolios adopt environmental, social and governance (ESG) practices and policies. In order to be effective in driving positive impact on corporate behavior, Newday adopts an active ownership model, engaging with companies' decisions as they affect their stakeholders including communities, employees and shareholders. For more information, visit https://www.newdayimpact.com/.
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S-Network Global Indexes Inc.