{"id":15721,"date":"2025-04-11T13:39:15","date_gmt":"2025-04-11T13:39:15","guid":{"rendered":"https:\/\/www.simtrade.fr\/blog_simtrade\/?p=15721"},"modified":"2025-04-11T13:46:50","modified_gmt":"2025-04-11T13:46:50","slug":"understanding-sustainable-finance-through-esg-indexes","status":"publish","type":"post","link":"https:\/\/www.simtrade.fr\/blog_simtrade\/understanding-sustainable-finance-through-esg-indexes\/","title":{"rendered":"Understanding Sustainable Finance through ESG Indexes"},"content":{"rendered":"\n

Understanding Sustainable Finance through ESG Indexes<\/h1>\n\n\"Pablo<\/a>\n\n

In this article, Pablo COHEN<\/a> (ESSEC Business School, Master in Strategy & Management of International Business (SMIB), 2024\u20132025) explores how sustainable finance is reshaping investment strategies through ESG indexes.<\/p>\n\n

Introduction and Context<\/h2>\n\n

For decades, success was measured through financial indicators. Profits defined companies, and GDP per capita ranked nations. But as Robert F. Kennedy pointed out, GDP \u201cmeasures air pollution and cigarette advertising\u2026 and ambulances to clear our highways of carnage.\u201d It reflects economic activity, not societal well-being\u201d.<\/p>\n\n

Our actions shape the climate, ecosystems, and social outcomes \u2014 and those same forces now pose real risks to economies. France may have a far higher GDP per capita than El Salvador, but which emits more carbon per citizen? Which has a credible plan for net-zero by 2050? These questions are more relevant to long-term sustainability.<\/p>\n\n

To enable meaningful comparisons, global bodies like the UN and EU have created frameworks and standards for sustainability reporting. Tools such as the EU Taxonomy, SFDR, and CSRD bring structure and consistency to ESG disclosures, helping investors assess corporate impact and redirect capital toward sustainable outcomes. If we don\u2019t change what we measure, we won\u2019t change what we prioritize \u2014 or what we build.<\/b><\/p>\n\n

How ESG Indexes Work<\/h2>\n\n

We have an impact on the world, and the world has an impact on us. That\u2019s the essence of double materiality \u2014 a foundational concept in sustainable finance. Sustainability risks, whether physical (like climate disasters) or transitional (like policy shifts), can directly affect financial performance through credit risk, operational disruption, legal exposure, and reputational damage.<\/p>\n\n

Just as external events shape a company\u2019s bottom line, financial decisions influence the environment and society. This two-way relationship is increasingly recognized by regulators and investors alike. Navigating it requires tools that make ESG performance measurable, comparable, and investable. This is where ESG indexes come into play.<\/p>\n\n

ESG indexes allow investors to evaluate companies based on their sustainability profile. Depending on their design, they may exclude controversial sectors, highlight ESG leaders, track themes like clean energy, or align with climate targets such as the 1.5\u00b0C scenario. Examples include the MSCI ESG Leaders and Climate Paris Aligned Indexes, the S&P 500 ESG Index, FTSE4Good, and the Dow Jones Sustainability Index. These indexes are used not only as benchmarks, but as a basis for constructing portfolios that reflect long-term sustainability goals.<\/p>\n\n\n

The growth of ESG indexes and sustainable funds has mirrored the rising demand for more responsible investment strategies. The following chart shows how both active and passive sustainable funds have surged over the past decade:<\/p>\n\n

ESG Fund Growth Chart.
\n\"
\nSource: Morningstar Direct.<\/p>\n\n

ESG in Practice and Market Performance<\/h2>\n\n

Index construction starts with exclusions \u2014 companies involved in fossil fuels, weapons, or major ESG controversies are filtered out. Then comes ESG scoring, based on data from corporate disclosures, regulatory filings, and third-party assessments. Companies are evaluated across environmental impact, social responsibility, and governance quality. This might include emissions intensity, labor practices, or board independence. Based on these scores, indexes select and weight constituents and are rebalanced periodically to reflect updated data.<\/p>\n\n

The MSCI Climate Paris Aligned Index is designed to align with a 1.5\u00b0C scenario. It reduces both physical and transition risks by excluding fossil-fuel-intensive companies and emphasizing those with low emissions and strong climate governance. Compared to its parent index, the MSCI ACWI, it includes fewer companies but achieves a 50% reduction in portfolio carbon intensity. It\u2019s a forward-looking tool that anticipates tightening regulations and evolving investor expectations.<\/p>\n\n\n

Some ESG funds have even outperformed traditional benchmarks like the S&P 500. The chart below shows that several ESG funds delivered significantly higher year-to-date returns in early 2021:<\/p>\n\n

ESG Fund performance compared to the S&P 500 index.
\n\"
\nSource: S&P Global Market Intelligence.<\/p>\n\n\n

This outperformance isn\u2019t just recent. In 2019, sustainable large-blend index funds consistently beat the S&P 500 \u2014 with many delivering returns above 32%, as the following chart demonstrates:<\/p>\n\n

Sustainable Funds Performance (year 2019).
\n\"Sustainable
\nSource: Morningstar Direct.<\/p>\n\n

The rise of ESG is also visible in fund flows. More sustainable funds are being launched each year, and investor inflows have reached record levels \u2014 confirming that ESG isn\u2019t just a trend, it\u2019s a lasting shift in investment priorities.<\/p>\n\n

Why should I be interested in this post?<\/h2>\n\n

As an ESSEC student preparing for a career in finance, understanding sustainable finance is no longer optional. ESG principles are reshaping how capital is allocated, how companies report, and how investment strategies are built. Whether you’re pursuing a role in banking, asset management, consulting, or entrepreneurship, knowledge of ESG frameworks and sustainable indexes will be essential for making informed, future-ready decisions in a rapidly changing financial landscape.<\/p>\n\n\n

Related posts on the SimTrade blog<\/h2>\n\n

   ▶ Anant JAIN The Future Of CleanTech: Innovations Driving A Sustainable World And Their Financial Implications<\/a><\/p>\n\n

   ▶ Anant JAIN Milton Friedman VS Archie B. Carroll On CSR<\/a><\/p>\n\n

   ▶ Anant JAIN The Paris Agreement<\/a><\/p>\n

   ▶ Anant JAIN The World 10 Most Sustainable Companies in 2021<\/a><\/p>\n\n

   ▶ Anant JAIN Green Investments<\/a><\/p>\n\n

   ▶ Anant JAIN United Nations Global Compact<\/a><\/p>\n\n\n

Useful resources<\/h2>\n\n

Morgan Stanley (2023) Sustainable Funds Outperformed Peers in 2023<\/a><\/p>\n\n

IEEFA ESG Investing: Steady Growth Amidst Adversity<\/a><\/p>\n\n

Morgan Stanley (2024) Sustainable Funds Modestly Outperform in First Half of 2024<\/a><\/p>\n

IEEFA ESG Funds Continue to Outperform<\/a><\/p>\n\n

S&P Global Most ESG Funds Outperformed S&P 500 in Early 2021<\/a><\/p>\n\n

Morningstar U.S. ESG Funds Outperformed Conventional Funds in 2019<\/a><\/p>\n\n

The Economist American Sustainable Funds Outperform the Market<\/a><\/p>\n\n\n

About the author<\/h2>\n\n

This article was written in April 2025 by Pablo COHEN<\/a> (ESSEC Business School, Master in Strategy & Management of International Business (SMIB), 2024\u20132025).<\/p>\n","protected":false},"excerpt":{"rendered":"

Understanding Sustainable Finance through ESG Indexes In this article, Pablo COHEN (ESSEC Business School, Master in Strategy & Management of International Business (SMIB), 2024\u20132025) explores how sustainable finance is reshaping investment strategies through ESG indexes. Introduction and Context For decades, success was measured through financial indicators. Profits defined companies, and GDP per capita ranked nations. … Read more<\/a><\/p>\n","protected":false},"author":144,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[5,10],"tags":[211,790],"class_list":["post-15721","post","type-post","status-publish","format-standard","hentry","category-contributors","category-financial-techniques","tag-esg","tag-sustainable-finance"],"yoast_head":"\nUnderstanding Sustainable Finance through ESG Indexes - SimTrade blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.simtrade.fr\/blog_simtrade\/understanding-sustainable-finance-through-esg-indexes\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Understanding Sustainable Finance through ESG Indexes\" \/>\n<meta property=\"og:description\" content=\"Understanding Sustainable Finance through ESG Indexes In this article, Pablo COHEN (ESSEC Business School, Master in Strategy & Management of International Business (SMIB), 2024\u20132025) explores how sustainable finance is reshaping investment strategies through ESG indexes. Introduction and Context For decades, success was measured through financial indicators. Profits defined companies, and GDP per capita ranked nations. ... Read more\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.simtrade.fr\/blog_simtrade\/understanding-sustainable-finance-through-esg-indexes\/\" \/>\n<meta property=\"og:site_name\" content=\"SimTrade blog\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/fr-fr.facebook.com\/simtrade.fr\/\" \/>\n<meta property=\"article:published_time\" content=\"2025-04-11T13:39:15+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-04-11T13:46:50+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.simtrade.fr\/blog_simtrade\/wp-content\/uploads\/2025\/04\/img_SimTrade_Photo1_Pablo_Cohen.png\" \/>\n<meta name=\"author\" content=\"Pablo COHEN\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@simtrade\" \/>\n<meta name=\"twitter:site\" content=\"@simtrade\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Pablo COHEN\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.simtrade.fr\/blog_simtrade\/understanding-sustainable-finance-through-esg-indexes\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.simtrade.fr\/blog_simtrade\/understanding-sustainable-finance-through-esg-indexes\/\"},\"author\":{\"name\":\"Pablo COHEN\",\"@id\":\"https:\/\/www.simtrade.fr\/blog_simtrade\/#\/schema\/person\/9473c3ecaddf38aa73e3d155327c8bad\"},\"headline\":\"Understanding Sustainable Finance through ESG Indexes\",\"datePublished\":\"2025-04-11T13:39:15+00:00\",\"dateModified\":\"2025-04-11T13:46:50+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.simtrade.fr\/blog_simtrade\/understanding-sustainable-finance-through-esg-indexes\/\"},\"wordCount\":931,\"publisher\":{\"@id\":\"https:\/\/www.simtrade.fr\/blog_simtrade\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.simtrade.fr\/blog_simtrade\/understanding-sustainable-finance-through-esg-indexes\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.simtrade.fr\/blog_simtrade\/wp-content\/uploads\/2025\/04\/img_SimTrade_Photo1_Pablo_Cohen.png\",\"keywords\":[\"ESG\",\"Sustainable Finance\"],\"articleSection\":[\"Contributors\",\"Financial techniques\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.simtrade.fr\/blog_simtrade\/understanding-sustainable-finance-through-esg-indexes\/\",\"url\":\"https:\/\/www.simtrade.fr\/blog_simtrade\/understanding-sustainable-finance-through-esg-indexes\/\",\"name\":\"Understanding Sustainable Finance through ESG Indexes - SimTrade blog\",\"isPartOf\":{\"@id\":\"https:\/\/www.simtrade.fr\/blog_simtrade\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.simtrade.fr\/blog_simtrade\/understanding-sustainable-finance-through-esg-indexes\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.simtrade.fr\/blog_simtrade\/understanding-sustainable-finance-through-esg-indexes\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.simtrade.fr\/blog_simtrade\/wp-content\/uploads\/2025\/04\/img_SimTrade_Photo1_Pablo_Cohen.png\",\"datePublished\":\"2025-04-11T13:39:15+00:00\",\"dateModified\":\"2025-04-11T13:46:50+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/www.simtrade.fr\/blog_simtrade\/understanding-sustainable-finance-through-esg-indexes\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.simtrade.fr\/blog_simtrade\/understanding-sustainable-finance-through-esg-indexes\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.simtrade.fr\/blog_simtrade\/understanding-sustainable-finance-through-esg-indexes\/#primaryimage\",\"url\":\"https:\/\/www.simtrade.fr\/blog_simtrade\/wp-content\/uploads\/2025\/04\/img_SimTrade_Photo1_Pablo_Cohen.png\",\"contentUrl\":\"https:\/\/www.simtrade.fr\/blog_simtrade\/wp-content\/uploads\/2025\/04\/img_SimTrade_Photo1_Pablo_Cohen.png\",\"width\":435,\"height\":446},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.simtrade.fr\/blog_simtrade\/understanding-sustainable-finance-through-esg-indexes\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.simtrade.fr\/blog_simtrade\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Understanding Sustainable Finance through ESG Indexes\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.simtrade.fr\/blog_simtrade\/#website\",\"url\":\"https:\/\/www.simtrade.fr\/blog_simtrade\/\",\"name\":\"SimTrade blog\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\/\/www.simtrade.fr\/blog_simtrade\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.simtrade.fr\/blog_simtrade\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.simtrade.fr\/blog_simtrade\/#organization\",\"name\":\"SimTrade\",\"url\":\"https:\/\/www.simtrade.fr\/blog_simtrade\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.simtrade.fr\/blog_simtrade\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.simtrade.fr\/blog_simtrade\/wp-content\/uploads\/2014\/01\/cropped-cropped-Banner_blog_SimTrade2.jpg\",\"contentUrl\":\"https:\/\/www.simtrade.fr\/blog_simtrade\/wp-content\/uploads\/2014\/01\/cropped-cropped-Banner_blog_SimTrade2.jpg\",\"width\":940,\"height\":126,\"caption\":\"SimTrade\"},\"image\":{\"@id\":\"https:\/\/www.simtrade.fr\/blog_simtrade\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/fr-fr.facebook.com\/simtrade.fr\/\",\"https:\/\/x.com\/simtrade\",\"https:\/\/www.linkedin.com\/company\/sim-trade\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.simtrade.fr\/blog_simtrade\/#\/schema\/person\/9473c3ecaddf38aa73e3d155327c8bad\",\"name\":\"Pablo COHEN\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/secure.gravatar.com\/avatar\/8a026dcd1def65ef838cb25125db6adada0476e72a000b86980a6bb9e6c5a436?s=96&d=mm&r=g\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/8a026dcd1def65ef838cb25125db6adada0476e72a000b86980a6bb9e6c5a436?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/8a026dcd1def65ef838cb25125db6adada0476e72a000b86980a6bb9e6c5a436?s=96&d=mm&r=g\",\"caption\":\"Pablo COHEN\"},\"url\":\"https:\/\/www.simtrade.fr\/blog_simtrade\/author\/pcohen\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Understanding Sustainable Finance through ESG Indexes - SimTrade blog","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.simtrade.fr\/blog_simtrade\/understanding-sustainable-finance-through-esg-indexes\/","og_locale":"en_US","og_type":"article","og_title":"Understanding Sustainable Finance through ESG Indexes","og_description":"Understanding Sustainable Finance through ESG Indexes In this article, Pablo COHEN (ESSEC Business School, Master in Strategy & Management of International Business (SMIB), 2024\u20132025) explores how sustainable finance is reshaping investment strategies through ESG indexes. Introduction and Context For decades, success was measured through financial indicators. Profits defined companies, and GDP per capita ranked nations. ... Read more","og_url":"https:\/\/www.simtrade.fr\/blog_simtrade\/understanding-sustainable-finance-through-esg-indexes\/","og_site_name":"SimTrade blog","article_publisher":"https:\/\/fr-fr.facebook.com\/simtrade.fr\/","article_published_time":"2025-04-11T13:39:15+00:00","article_modified_time":"2025-04-11T13:46:50+00:00","og_image":[{"url":"https:\/\/www.simtrade.fr\/blog_simtrade\/wp-content\/uploads\/2025\/04\/img_SimTrade_Photo1_Pablo_Cohen.png","type":"","width":"","height":""}],"author":"Pablo COHEN","twitter_card":"summary_large_image","twitter_creator":"@simtrade","twitter_site":"@simtrade","twitter_misc":{"Written by":"Pablo COHEN","Est. reading time":"5 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.simtrade.fr\/blog_simtrade\/understanding-sustainable-finance-through-esg-indexes\/#article","isPartOf":{"@id":"https:\/\/www.simtrade.fr\/blog_simtrade\/understanding-sustainable-finance-through-esg-indexes\/"},"author":{"name":"Pablo COHEN","@id":"https:\/\/www.simtrade.fr\/blog_simtrade\/#\/schema\/person\/9473c3ecaddf38aa73e3d155327c8bad"},"headline":"Understanding Sustainable Finance through ESG Indexes","datePublished":"2025-04-11T13:39:15+00:00","dateModified":"2025-04-11T13:46:50+00:00","mainEntityOfPage":{"@id":"https:\/\/www.simtrade.fr\/blog_simtrade\/understanding-sustainable-finance-through-esg-indexes\/"},"wordCount":931,"publisher":{"@id":"https:\/\/www.simtrade.fr\/blog_simtrade\/#organization"},"image":{"@id":"https:\/\/www.simtrade.fr\/blog_simtrade\/understanding-sustainable-finance-through-esg-indexes\/#primaryimage"},"thumbnailUrl":"https:\/\/www.simtrade.fr\/blog_simtrade\/wp-content\/uploads\/2025\/04\/img_SimTrade_Photo1_Pablo_Cohen.png","keywords":["ESG","Sustainable Finance"],"articleSection":["Contributors","Financial techniques"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.simtrade.fr\/blog_simtrade\/understanding-sustainable-finance-through-esg-indexes\/","url":"https:\/\/www.simtrade.fr\/blog_simtrade\/understanding-sustainable-finance-through-esg-indexes\/","name":"Understanding Sustainable Finance through ESG Indexes - SimTrade blog","isPartOf":{"@id":"https:\/\/www.simtrade.fr\/blog_simtrade\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.simtrade.fr\/blog_simtrade\/understanding-sustainable-finance-through-esg-indexes\/#primaryimage"},"image":{"@id":"https:\/\/www.simtrade.fr\/blog_simtrade\/understanding-sustainable-finance-through-esg-indexes\/#primaryimage"},"thumbnailUrl":"https:\/\/www.simtrade.fr\/blog_simtrade\/wp-content\/uploads\/2025\/04\/img_SimTrade_Photo1_Pablo_Cohen.png","datePublished":"2025-04-11T13:39:15+00:00","dateModified":"2025-04-11T13:46:50+00:00","breadcrumb":{"@id":"https:\/\/www.simtrade.fr\/blog_simtrade\/understanding-sustainable-finance-through-esg-indexes\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.simtrade.fr\/blog_simtrade\/understanding-sustainable-finance-through-esg-indexes\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.simtrade.fr\/blog_simtrade\/understanding-sustainable-finance-through-esg-indexes\/#primaryimage","url":"https:\/\/www.simtrade.fr\/blog_simtrade\/wp-content\/uploads\/2025\/04\/img_SimTrade_Photo1_Pablo_Cohen.png","contentUrl":"https:\/\/www.simtrade.fr\/blog_simtrade\/wp-content\/uploads\/2025\/04\/img_SimTrade_Photo1_Pablo_Cohen.png","width":435,"height":446},{"@type":"BreadcrumbList","@id":"https:\/\/www.simtrade.fr\/blog_simtrade\/understanding-sustainable-finance-through-esg-indexes\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.simtrade.fr\/blog_simtrade\/"},{"@type":"ListItem","position":2,"name":"Understanding Sustainable Finance through ESG Indexes"}]},{"@type":"WebSite","@id":"https:\/\/www.simtrade.fr\/blog_simtrade\/#website","url":"https:\/\/www.simtrade.fr\/blog_simtrade\/","name":"SimTrade blog","description":"","publisher":{"@id":"https:\/\/www.simtrade.fr\/blog_simtrade\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.simtrade.fr\/blog_simtrade\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.simtrade.fr\/blog_simtrade\/#organization","name":"SimTrade","url":"https:\/\/www.simtrade.fr\/blog_simtrade\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.simtrade.fr\/blog_simtrade\/#\/schema\/logo\/image\/","url":"https:\/\/www.simtrade.fr\/blog_simtrade\/wp-content\/uploads\/2014\/01\/cropped-cropped-Banner_blog_SimTrade2.jpg","contentUrl":"https:\/\/www.simtrade.fr\/blog_simtrade\/wp-content\/uploads\/2014\/01\/cropped-cropped-Banner_blog_SimTrade2.jpg","width":940,"height":126,"caption":"SimTrade"},"image":{"@id":"https:\/\/www.simtrade.fr\/blog_simtrade\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/fr-fr.facebook.com\/simtrade.fr\/","https:\/\/x.com\/simtrade","https:\/\/www.linkedin.com\/company\/sim-trade"]},{"@type":"Person","@id":"https:\/\/www.simtrade.fr\/blog_simtrade\/#\/schema\/person\/9473c3ecaddf38aa73e3d155327c8bad","name":"Pablo COHEN","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/8a026dcd1def65ef838cb25125db6adada0476e72a000b86980a6bb9e6c5a436?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/8a026dcd1def65ef838cb25125db6adada0476e72a000b86980a6bb9e6c5a436?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/8a026dcd1def65ef838cb25125db6adada0476e72a000b86980a6bb9e6c5a436?s=96&d=mm&r=g","caption":"Pablo COHEN"},"url":"https:\/\/www.simtrade.fr\/blog_simtrade\/author\/pcohen\/"}]}},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.simtrade.fr\/blog_simtrade\/wp-json\/wp\/v2\/posts\/15721","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.simtrade.fr\/blog_simtrade\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.simtrade.fr\/blog_simtrade\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.simtrade.fr\/blog_simtrade\/wp-json\/wp\/v2\/users\/144"}],"replies":[{"embeddable":true,"href":"https:\/\/www.simtrade.fr\/blog_simtrade\/wp-json\/wp\/v2\/comments?post=15721"}],"version-history":[{"count":2,"href":"https:\/\/www.simtrade.fr\/blog_simtrade\/wp-json\/wp\/v2\/posts\/15721\/revisions"}],"predecessor-version":[{"id":15727,"href":"https:\/\/www.simtrade.fr\/blog_simtrade\/wp-json\/wp\/v2\/posts\/15721\/revisions\/15727"}],"wp:attachment":[{"href":"https:\/\/www.simtrade.fr\/blog_simtrade\/wp-json\/wp\/v2\/media?parent=15721"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.simtrade.fr\/blog_simtrade\/wp-json\/wp\/v2\/categories?post=15721"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.simtrade.fr\/blog_simtrade\/wp-json\/wp\/v2\/tags?post=15721"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}