Sustainable Investment Awards 2026

Index provider of the year: Impact Cubed

As sustainable investing has matured, institutional investors have increasingly questioned whether sustainability-focused indices can deliver meaningful environmental and social improvements without introducing excessive active risk. Impact Cubed has built its index business around addressing that question.

The London-based advisory firm develops sustainability indices using its own data, classification system, risk model and portfolio optimisation tools. Impact Cubed uses detailed business activity data spanning more than 2,300 classifications to assess company-level sustainability exposure and revenue alignment.

Its flagship Solactive iCubed Global Sustainability Index targets substantial improvements across carbon intensity, water use, waste generation and SDG-aligned revenues relative to the MSCI World benchmark, while maintaining tracking error below 1% annualised. As of March 2026, the index reported Scope 1 and 2 carbon intensity 80% below its parent benchmark.

The strategy has also gained institutional traction. In 2025, the index became the basis for a UCITS fund launched by J.P. Morgan Mansart Management, while Impact Cubed's data now underpins several indices from S&P Dow Jones Indices, including products with a focus on biodiversity and SDG alignment