Sprott Esg Gold Etf
SESG
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- Luxembourg
- IPO Date
- Aug 2, 2022
- CIK
- 0001837824
- Similar Companies
- Business
- Sprott ESG Gold ETF (NYSE Arca: SESG), a grantor trust and open-end exchange-traded fund sponsored by Sprott Asset Management LP, seeks to closely reflect the performance of the price of gold, less the trust's expenses and liabilities, through investments primarily in fully allocated, unencumbered physical gold bullion classified as "Sprott ESG Approved Gold." This gold meets stringent environmental, social, and governance (ESG) standards established by Sprott Asset Management, encompassing criteria such as energy use and greenhouse gas emissions, tailings and waste management, worker safety and health, community relations, corporate governance, workplace diversity, and transparency; it is sourced exclusively from Sprott ESG Approved Mines in North America, initially six Canadian mines including Canadian Malartic, Detour Lake, Goldex Complex, LaRonde Complex, Meadowbank Complex, and Meliadine, operated by Agnico Eagle Mines Ltd. (following its acquisition of Yamana Gold Inc.'s interests), with no sourcing from conflict zones, artisanal miners, recycled gold, or non-ESG-compliant producers. The physical gold bullion, in the form of London Good Delivery 400 oz bars, undergoes segregated refining and is stored at the Royal Canadian Mint, a Canadian Crown corporation, ensuring provenance traceability, compliance with LBMA Responsible Sourcing Program and Mint Responsible Sourcing Requirements, and avoidance of commingling with non-approved sources; the Sponsor’s Fee is 0.38%. Launched on July 19, 2022, and listed on NYSE Arca from August 2, 2022, SESG operates from offices associated with Sprott Asset Management USA, Inc. in New York, NY, and Sprott Inc. in Toronto, Ontario, Canada, targeting investors seeking sustainable exposure to gold aligned with ESG values amid growing demand for transparent commodity strategies. Recent developments include Agnico Eagle's acquisition of Yamana Gold in 2023, consolidating full ownership of key supplier mines such as Canadian Malartic under one globally recognized ESG leader, thereby enhancing supply chain stability; no additional major partnerships, funding rounds, product launches, or strategic shifts have been reported in the last 1-2 years.