STOXX^® ICE Euro High Yield CTB

The STOXX Paris-Aligned Benchmark Fixed Income Indices are based on respective ICE BofA Fixed Income Indices. The indices are constructed to follow the EU Paris-aligned Benchmark (EU PAB) requirements outlined in the Commission Delegated Regulation (EU) 2020/1818 supplementing Regulation (EU) 2016/1011 of the European Parliament and of the Council as regards minimum standards for EU Paris-aligned Benchmarks.

Companies identified as non-compliant based on ISS Sustainability Norms-Based Screening and involved in controversial weapons are not eligible for selection. Tobacco producers, as identified by ISS Sustainability, are also not eligible. Issuers that generate revenues above a certain threshold from coal, oil and gas production, exploration distribution and services activities are excluded. Additionally, issuers that derive more than 10% of their revenues from thermal coal-based power generation, or more than 50% from power generation with carbon intensity of lifecycle emissions higher than 100gCO2e/kWh are not considered for selection. Furthermore, STOXX will exclude companies that ISS ESG assesses to have significant obstruction to the UN SDGs 12 (Responsible Consumption and Production), 13 (Climate Action), 14 (Life Below Water) & 15 (Life on Land)

The weighting process follows an optimization process. The STOXX Paris-Aligned Benchmark Indices aim to reduce their greenhouse gas intensity by at least 50% when compared to their underlying benchmarks. They are also designed to meet the year on year 7% decarbonization target.

The indices also overweight securities with Science Based Targets, as verified by the Science Based Target initiative (SBTi). The green to brown revenue ratio of the Paris-Aligned Benchmark indices is at least 4 times that of the parent.

Index calculation and review-related reports can be found on the ICE Data Indices, LLC (ICE Data) Index Platform.

The STOXX Climate Transition Benchmark Fixed Income Indices are based on respective ICE BofA Fixed Income Indices. The indices are constructed to follow the EU Climate Transition Benchmark (EU CTB) requirements outlined in the Commission Delegated Regulation (EU) 2020/1818 supplementing Regulation (EU) 2016/1011 of the European Parliament and of the Council as regards minimum standards for EU Climate Benchmarks.

Companies identified as non-compliant based on ISS Sustainability Norms-Based Screening and involved in controversial weapons are not eligible for selection. Tobacco producers, as identified by ISS Sustainability, are also not eligible.

The weighting process follows an optimization process. The STOXX Climate Transition Benchmark Indices 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.

The indices also overweight securities with Science Based Targets, as verified by the Science Based Target initiative (SBTi). The green to brown revenue ratio of the Climate Transition Benchmark indices is at least equivalent to that of the parent.

Index calculation and review-related reports can be found on the ICE Data Indices, LLC (ICE Data) Index Platform.

The STOXX Climate Transition Benchmark Fixed Income Indices are based on respective ICE BofA Fixed Income Indices. The indices are constructed to follow the EU Climate Transition Benchmark (EU CTB) requirements outlined in the Commission Delegated Regulation (EU) 2020/1818 supplementing Regulation (EU) 2016/1011 of the European Parliament and of the Council as regards minimum standards for EU Climate Benchmarks.

Companies identified as non-compliant based on ISS Sustainability Norms-Based Screening and involved in controversial weapons are not eligible for selection. Tobacco producers, as identified by ISS Sustainability, are also not eligible.

The weighting process follows an optimization process. The STOXX Climate Transition Benchmark Indices 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.

The indices also overweight securities with Science Based Targets, as verified by the Science Based Target initiative (SBTi). The green to brown revenue ratio of the Climate Transition Benchmark indices is at least equivalent to that of the parent.

Index calculation and review-related reports can be found on the ICE Data Indices, LLC (ICE Data) Index Platform.