Summary
The STOXX Global Low Carbon Select 100 EUR Index captures the performance of low carbon emissions stocks with low volatility and high dividends from the STOXX Global 1800 Index.
The component selection process first excludes all stocks that belong to the ICB Subsector 1771 (Coal), then selects in each ICB industry all stocks whose Carbon Intensity is the lowest. Next, it excludes all stocks whose 3- or 12-month historical volatilities are the highest. Among the remaining stocks, the 100 stocks with the highest 12-month historical dividend yields are selected to be included in the index. The percentage of exclusion/inclusion at each step is the same. The index also exlcudes companies violating international norms, are involved with controversial weapons, tobacco, thermal coal, civilian firearms, military equipment, and unconventional oil and gas.
Those constituents are weighted according to the inverse of their volatility, with a cap at 10%. The indices are reviewed quarterly.
Index Guides, Benchmark statement, and other reports are available under the Data tab.
Details
Top 10 Components
| NETLINK | SG |
| United Overseas Bank Ltd. | SG |
| MITSUI FUDOSAN LOGIST PARK | JP |
| DAIWA HOUSE REIT INVESTMENT | JP |
| REALTY INCOME | US |
| ADVANCE RESIDENCE INV. | JP |
| UNITED URB.INV. | JP |
| WP CAREY | US |
| NN GROUP | NL |
| ASR NEDERLAND NV | NL |