Summary
Note: Dissemination of the index is suspended.
The objective of the EURO STOXX 50 ESG Target Index is to reflect the EURO STOXX 50 Index while maximizing its ESG score and at the same time reducing its carbon Intensity by at least 30% relative to the parent benchmark. The predicted tracking error is constraint with respect to its parent index. Companies that are non-compliant based on the ISS ESG’ Norms-based research assessment or are involved in controversial weapons are not eligible for selection. Additional exclusion filters are applied, screening companies for involvement in tobacco production and distribution, thermal coal extraction and power generation, small arms manufacturing, military contracting, unconventional oil and gas exploration and production, high ESG risk, and ESG controversies.
This index applies screens in alignment with the ESMA guidelines on funds’ names using ESG or sustainability-related terms, which include controversial weapons, Tobacco, Coal (>1%), Oil fuels (>10%), Gaseous fuels (>50%/ Power generation), UNGC principles / OECD guidelines.
Index Guides, Benchmark statement, and other reports are available under the Data tab.
Details
Top 10 Components
SAP | DE |
ASML HLDG | NL |
SCHNEIDER ELECTRIC | FR |
ALLIANZ | DE |
DEUTSCHE TELEKOM | DE |
HERMES INTERNATIONAL | FR |
SIEMENS | DE |
SANOFI | FR |
L'OREAL | FR |
AXA | FR |