Summary
These STOXX Low Carbon indices cover benchmark indices and the blue-chip index EURO STOXX 50®. By utilizing both estimated and reported carbon intensity scores, this index family represents broad indices with a variable number of components, covering the regions Global, Europe, Eurozone, USA and Japan. These indices closely track the risk-return profile of the underlying benchmark indices while offering a reduction in carbon emissions in the overall portfolio of constituents by overweighting lower carbon emitters, while underweighting higher carbon emitters. The indices are price weighted with a weight factor based on the free-float market cap multiplied by the corresponding Z-score carbon intensity factor of each constituent. The indices also exlcude companies violating international norms, are involved with controversial weapons, tobacco, thermal coal, civilian firearms, military equipment, and unconventional oil and gas.
STOXX uses ISS ESG as reliable and professional data sources for the estimated and reported data. Data considered comprise Scope 1 (All direct GHG emissions) and Scope 2 (Indirect GHG emissions from consumption of purchased electricity, heat or steam) emissions.
STOXX calculates a comprehensive family of Low Carbon Indices. Click here to see all available indices.
Index Guides, Benchmark statement, and other reports are available under the Data tab.
Details
Top 10 Components
NOVO NORDISK B | DK |
ASML HLDG | NL |
Toyota Motor Corp. | JP |
NESTLE | CH |
ROCHE HLDG P | CH |
NOVARTIS | CH |
Commonwealth Bank of Australia | AU |
ASTRAZENECA | GB |
SAP | DE |
Royal Bank of Canada | CA |