Sprott launches new ESG-focused gold ETF..."ππ "...
Sprott launches new ESG-focused gold ETF..."
"... the world's most prominent precious metals investment firm launched the Sprott ESG Gold ETF (NYSE Arca: SESG).
"SESG is the first gold ETF that invests in gold bullion that meets the Environmental, Social, and Governance (ESG) and provenance standards specially developed by Sprott," the company said.
The company has partnered with the Royal Canadian Mint to hold the ETF's physical precious metal. The investment firm said it will be buying gold for its ETF from several Canadian mines operated by Agnico Eagle Mines Limited (NYSE: AEM) (TSX: AEM) and Yamana Gold Inc. (TSX: YRI; NYSE: AUY; LSE: AUY).
"We created SESG to fill a gap in the marketplace with a gold fund focused on trust, transparency, and traceability. Our goal is to answer a number of key questions for investors: where does my gold come from, who produced it and was it produced sustainably by recognized ESG leaders? Through our partnership with the Royal Canadian Mint and our relationships with leading Canadian gold producers, Sprott is uniquely positioned to offer a convenient way for investors to own physical gold that aligns with their ESG values," said John Ciampaglia, CEO of Sprott Asset Management...."
https://www.kitco.com/news/2022-08-02/Sprott-launches-new-ESG-focused-gold-ETF.html