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BENCHMARK INDICES

EURO STOXX Total Market Climate Transition Benchmark

Index Description

The STOXX Climate Transition Benchmark Indices are based on liquid securities from a selection of STOXX Benchmark Indices. They follow EU Climate Transition Benchmark (EU CTB) requirements outlined by the European Commission on climate benchmarks. Companies identified as non-compliant based on Sustainalytics Global Standards Screening (GSS) assessment or are involved in Controversial Weapons are not eligible for selection. Tobacco Producers, as identified by ISS ESG, are also not eligible. Furthermore, STOXX will exclude companies that ISS ESG assesses to have Significant Obstruction in the UN SDGs 12,13,14 and 15. The weighing process follows an optimization process with the aim to reduce their greenhouse gas intensity by at least 30% when compared to their underlying benchmarks. They are also designed to meet the year on year 7% decarbonization target.

Key facts

  • The indices are designed to help investors shift towards a low-carbon economy and align investments to the Paris Climate Agreement
  • Scope 1, Scope 2 and Scope 3 are used across all sectors from the first date of the index construction
  • The indices aim to reduce their greenhouse gases emission intensity by at least 30% when compared to their underlying benchmarks
  • Sectors key to the low-carbon transition, high climate impact sectors, are not underweighted relative to the underlying benchmarks
  • The STOXX Climate Transition Benchmark Indices are designed to meet the year on year 7% decarbonization target
  • Indices overweight securities with concrete targets and emission reduction targets verified by the Science Based Target initiative (SBTi)

Descriptive Statistics

Index Market Cap (USD bn) Components (USD bn) Component weight (%) Turnover (%)
Full Free-float Mean Median Largest Smallest Largest Smallest Last 12 monts
EURO STOXX Total Market Climate Transition Benchmark N/A 107.4 0.3 0.1 5.3 0.0 4.9 0.0 25.5
EURO STOXX Total Market 8,851.2 6,156.2 7.7 1.1 269.5 0.0 4.4 0.0 3.1

Supersector weighting (top 10)

Country weighting

Risk and return figures1

Index returns Return (%) Annualized return (%)
Last month YTD 1Y 3Y 5Y Last month YTD 1Y 3Y 5Y
EURO STOXX Total Market Climate Transition Benchmark -7.1 4.8 22.6 4.1 37.1 N/A N/A 22.9 1.4 6.6
EURO STOXX Total Market -5.9 5.5 23.0 5.3 37.7 N/A N/A 23.3 1.8 6.7
Index volatility and risk Annualized volatility (%) Annualized Sharpe ratio2
EURO STOXX Total Market Climate Transition Benchmark N/A N/A 14.0 20.7 22.0 N/A N/A 1.7 0.0 0.3
EURO STOXX Total Market N/A N/A 14.4 21.1 22.5 N/A N/A 1.6 0.0 0.3
Index to benchmark Correlation Tracking error (%)
EURO STOXX Total Market Climate Transition Benchmark 1.0 1.0 1.0 1.0 1.0 1.7 2.5 2.4 2.5 2.4
Index to benchmark Beta Annualized information ratio
EURO STOXX Total Market Climate Transition Benchmark 1.0 1.0 1.0 1.0 1.0 -8.4 -0.3 -0.2 -0.2 -0.1

1For information on data calculation, please refer to STOXX calculation reference guide

2Based on EURIBOR1M

(USD, Net Return), all data as of October 31, 2024

BENCHMARK INDICES

EURO STOXX Total Market Climate Transition Benchmark

Fundamentals

Index Price/earnings incl. negative Price/earnings excl. negative Price/book Dividend yield (%)3 Price/sales Price/cash flow
Trailing Projected Trailing Projected Trailing Trailing Trailing
EURO STOXX Total Market Climate Transition Benchmark -0.4 16.3 18.8 18.8 2.1 2.8 1.4 18.3
EURO STOXX Total Market -0.2 13.5 14.4 14.4 1.8 3.0 1.0 17.4

Performance and annual returns

Methodology

The STOXX Climate Transition Benchmark Indices are based on liquid securities from a selection of STOXX Benchmark Indices. They follow EU Climate Transition Benchmark (EU CTB) requirements outlined by the European Commission on climate benchmarks.

Companies identified as non-compliant based on Sustainalytics Global Standards Screening (GSS) assessment or are involved in Controversial Weapons are not eligible for selection. Tobacco Producers, as identified by ISS ESG, are also not eligible. Furthermore, STOXX will exclude companies that ISS ESG assesses to have Significant Obstruction in the UN SDGs 12,13,14 and 15.

The weighing process follows an optimization process with the aim to reduce their greenhouse gas intensity by at least 30% when compared to their underlying benchmarks. They are also designed to meet the year on year 7% decarbonization target.

Versions and symbols

Index ISIN Symbol Bloomberg Reuters
Price EUR CH0545171404 BKXECTB BKXECTB INDEX .BKXECTB
Net Return EUR CH0545171453 BKXTCTB BKXTCTB INDEX .BKXTCTB
Gross Return EUR CH0545171164 BKXGCTB .BKXGCTB
Net Return USD CH0545171479 BKXUCTB .BKXUCTB
Price USD CH0545171222 BKXKCTB .BKXKCTB
Gross Return USD CH0545171149 BKXXCTB .BKXXCTB

Quick Facts

Weighting Optimization
Cap Factor 0.045
No. of components Variable
Review frequency Reviewed annually in March and rebalanced quarterly
Calculation/distribution Realtime 15 sec
Calculation hours 09:00:00 18:00:00
Base value/base date 100 as of March 19, 2018
History Available from Mar. 19, 2018
Inception date May. 27, 2020
To learn more about the inception date, the currency, the calculation hours and historical values, please see our data vendor code sheet.

Top 10 Components4

Company Supersector Country Weight
SAP Technology Germany 4.907%
LVMH MOET HENNESSY Consumer Products and Services France 4.572%
SANOFI Health Care France 4.298%
HERMES INTERNATIONAL Consumer Products and Services France 4.023%
ASML HLDG Technology Netherlands 3.912%
DEUTSCHE TELEKOM Telecommunications Germany 3.793%
L'OREAL Consumer Products and Services France 3.267%
AIR LIQUIDE Chemicals France 2.582%
IBERDROLA Utilities Spain 2.395%
DEUTSCHE POST Industrial Goods and Services Germany 2.042%

3Net dividend yield is calculated as net return index return minus price index return

4Based on the composition as of October 31, 2024

BENCHMARK INDICES

EURO STOXX Total Market Climate Transition Benchmark