JPMorgan Chase & Co. is expected to remove Russian bonds from indexes focused on environmental, social and governance issues later Monday, according to a person familiar with the matter.

Russia is slated to be removed from JPMorgan’s ESG indexes for local-currency bonds, known as the ESG GBI-EM, and dollar-bonds, known as the ESG EMBI, the person said.

JPMorgan is also expected to delay adding Ukraine’s local-currency bonds to a popular emerging-market bond index known as the GBI-EM, The Wall Street Journal has reported.

The removal of Russian bonds from the indexes could lead passive funds that track the indexes to sell their holdings.