Summary
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.
Details
Top 10 Components
RELX PLC | GB |
SAP | DE |
ASML HLDG | NL |
ASTRAZENECA | GB |
NOVO NORDISK B | DK |
SCHNEIDER ELECTRIC | FR |
HSBC | GB |
NOVARTIS | CH |
SANOFI | FR |
NESTLE | CH |