WisdomTree adds recycling ETF

Exposure to waste-to-energy and recycling technologies

WisdomTree has listed an ETF on European exchanges investing in companies involved in in waste-to-energy and recycling technologies.

The WisdomTree Recycling Decarbonisation UCITS ETF seeks to track the price and yield performance of the Tortoise Recycling Decarbonization UCITS Index.

The firm explained waste-to-energy is the process of generating energy from waste such as garbage, animal manure, agriculture products and/or animal fats. This, in turn, generates renewable natural gas and diesel used to generate electricity and/or as a transportation fuel for compressed natural gas cars (RNG) and/or diesel (RND) to fuel trucks.

Christopher Gannatti, global head of research at WisdomTree, commented: “Moving to renewable and sustainable sources of energy is fundamental to our ability to limit greenhouse gas emissions and keep global warming below 2 degrees Celsius above pre-industrial levels. Current methods of decarbonisation require further investment to make the desired impact but innovative solutions like waste-to-energy and carbon recycling represent new investable themes that can make a difference today.”

The Article 9 ETF has been listed on the London Stock Exchange, Börse Xetra and Borsa Italiana and has a total expense ratio of 0.45%.

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Natalie Kenway

Natalie is editor in chief at MA Financial covering ESG Clarity, Portfolio Adviser and International Adviser. She was previously global head of ESG insight for ESG Clarity and has been an investment journalist...