FCI Partners with ValueCo: Turning the Investor ESG Consensus into Transparent Indices

Published on October 23, 2026

Fair Cost Index (FCI) and ValueCo partnership – FCI VALUECO ESG CONSENSUS indices

FCI and ValueCo Join Forces: Giving ESG Data Its Full Meaning Through Indices

When the market's own view on sustainability meets transparent index construction

Fair Cost Index (FCI) and ValueCo have launched the FCI VALUECO ESG CONSENSUS family: four equity indices covering the United States, Europe, the Eurozone and World Developed markets, live since October 1, 2026.

Who is ValueCo?

ValueCo is a Paris-based fintech led by its cofounders, Mariem Mhadhbi and Mathieu Joubrel. Rather than issuing yet another ESG rating, it aggregates the proprietary ESG assessments of 50+ institutional investors, representing more than $9 trillion in assets, into an objective and anonymized market consensus: a clear view of how investors actually perceive a company's sustainability profile.

From ESG Data to Investable Indices

The partnership gives this consensus a concrete use. FCI's APT-based optimizer integrates it into index construction, with a clear target: improving the average ESG score of the underlying market by 20%, while preserving a faithful, style-neutral representation of the universe. Monthly rebalancing is capped at 1% turnover, and, like all FCI indices, the family FCI VALUECO ESG CONSENSUS comes with a transparent methodology, fair fees and no usage restrictions.

The FCI VALUECO ESG CONSENSUS now comprises the following indices: