STOXX^® Developed World Universal

The ISS STOXX Net Zero Transition Indices track the performance of securities from a selection of STOXX Benchmark Indices. These indices have the aim of helping investors to incentivize companies to transition and align with the International Energy Agencys Net Zero Emissions by 2050 Scenario (IEA NZE Scenario) Pathway with the objective of achieving the target alignment to the 2050 carbon budget by 2040. The key features of these indices include the emphasis on real-world decarbonization by targeting key high impact sectors, and the forward-looking view on climate performance to encourage climate leadership and allow for engagement. Companies that are non-compliant based on the ISS ESG Norms Based Screening assessment or are involved in Controversial Weapons are not eligible for selection. Additional exclusion filters are applied, screening companies for involvement in Tobacco, Thermal Coal, Unconventional Oil & Gas, Civilian Firearms, and Military Contracting. The exclusion criteria include a thermal coal phase-out for developed countries by 2030 and for emerging countries by 2040.

 

Index Guides, Benchmark statement, and other reports are available under the Data tab.

The STOXX Developed World ex North America Universal Index is a market cap weighted index designed to represent the performance of the Large and Mid Cap companies from Developed Markets excluding North America covering approximately 85% of investable market capitalization. STOXX Developed World ex North America Universal Index is suitable for global investment products which include funds exchange traded funds and derivates and can also be used for further building block approach strategies when appropriate. It follows a robust and modular framework which enables investors to utilize this index for a variety of investment objectives whilst using a consistent approach. It is derived from STOXX World Equity Index series and its countries follow the STOXX World Country Classification Framework.
 

Index Guides, Benchmark statement, and other reports are available under the Data tab.