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BENCHMARK INDICES

STOXX Global 1800 Climate Transition Benchmark

Index Description

The STOXX Climate Transition Benchmark Indices are based on liquid securities from a selection of STOXX Benchmark Indices. They follow EU Climate Transition Benchmark (EU CTB) requirements outlined by the European Commission on climate benchmarks. Companies identified as non-compliant based on Sustainalytics Global Standards Screening (GSS) assessment or are involved in Controversial Weapons are not eligible for selection. Tobacco Producers, as identified by ISS ESG, are also not eligible. Furthermore, STOXX will exclude companies that ISS ESG assesses to have Significant Obstruction in the UN SDGs 12,13,14 and 15. The weighing process follows an optimization process with the aim to reduce their greenhouse gas intensity by at least 30% when compared to their underlying benchmarks. They are also designed to meet the year on year 7% decarbonization target.

Key facts

  • The indices are designed to help investors shift towards a low-carbon economy and align investments to the Paris Climate Agreement
  • Scope 1, Scope 2 and Scope 3 are used across all sectors from the first date of the index construction
  • The indices aim to reduce their greenhouse gases emission intensity by atleast 30% when compared to their underlying benchmarks
  • Sectors key to the low-carbon transition, high climate impact sectors, are not underweighted relative to the underlying benchmarks
  • The STOXX Climate Transition Benchmark Indices are designed to meet the year on year 7% decarbonization target
  • Indices overweight securities with concrete targets and emission reduction targets verified by the Science Based Target initiative (SBTi)

Descriptive Statistics

Index Market Cap (EUR bn) Components (EUR bn) Component weight (%) Turnover (%)
Full Free-float Mean Median Largest Smallest Largest Smallest Last 12 monts
STOXX Global 1800 Climate Transition Benchmark N/A 100.9 0.1 0.0 4.6 0.0 4.6 0.0 24.3
STOXX Global 1800 69,742.4 64,131.4 35.6 11.1 3,163.8 1.0 4.9 0.0 2.5

Supersector weighting (top 10)

Country weighting

Risk and return figures1

Index returns Return (%) Annualized return (%)
Last month YTD 1Y 3Y 5Y Last month YTD 1Y 3Y 5Y
STOXX Global 1800 Climate Transition Benchmark -0.4 12.1 23.0 17.1 65.8 N/A N/A 23.3 5.5 10.8
STOXX Global 1800 0.6 16.9 28.0 21.4 65.6 N/A N/A 28.4 6.7 10.7
Index volatility and risk Annualized volatility (%) Annualized Sharpe ratio2
STOXX Global 1800 Climate Transition Benchmark N/A N/A 10.7 14.4 17.5 N/A N/A 1.9 0.3 0.5
STOXX Global 1800 N/A N/A 11.0 14.1 17.4 N/A N/A 2.1 0.3 0.5
Index to benchmark Correlation Tracking error (%)
STOXX Global 1800 Climate Transition Benchmark 1.0 1.0 1.0 1.0 1.0 1.8 2.2 2.2 2.3 2.2
Index to benchmark Beta Annualized information ratio
STOXX Global 1800 Climate Transition Benchmark 1.0 0.9 1.0 1.0 1.0 -6.3 -2.3 -1.9 -0.5 0.0

1For information on data calculation, please refer to STOXX calculation reference guide

2Based on EURIBOR1M

(EUR, Price), all data as of October 31, 2024

BENCHMARK INDICES

STOXX Global 1800 Climate Transition Benchmark

Fundamentals

Index Price/earnings incl. negative Price/earnings excl. negative Price/book Dividend yield (%)3 Price/sales Price/cash flow
Trailing Projected Trailing Projected Trailing Trailing Trailing
STOXX Global 1800 Climate Transition Benchmark 28.6 22.7 26.7 26.7 4.8 1.6 2.6 26.3
STOXX Global 1800 23.5 20.8 21.8 21.8 3.5 1.9 2.3 23.3

Performance and annual returns

Methodology

The STOXX Climate Transition Benchmark Indices are based on liquid securities from a selection of STOXX Benchmark Indices. They follow EU Climate Transition Benchmark (EU CTB) requirements outlined by the European Commission on climate benchmarks.

Companies identified as non-compliant based on Sustainalytics Global Standards Screening (GSS) assessment or are involved in Controversial Weapons are not eligible for selection. Tobacco Producers, as identified by ISS ESG, are also not eligible. Furthermore, STOXX will exclude companies that ISS ESG assesses to have Significant Obstruction in the UN SDGs 12,13,14 and 15.

The weighing process follows an optimization process with the aim to reduce their greenhouse gas intensity by at least 30% when compared to their underlying benchmarks. They are also designed to meet the year on year 7% decarbonization target.

Versions and symbols

Index ISIN Symbol Bloomberg Reuters
Net Return EUR CH0545171586 SXW1RCTB SXW1RCTB INDEX .SXW1RCTB
Price EUR CH0545171156 SXW1ECTB SXW1ECTB INDEX .SXW1ECTB
Gross Return EUR CH0545171040 SXW1WCTB .SXW1WCTB
Net Return USD CH0545171115 SXW1VCTB SXW1VCTB INDEX .SXW1VCTB
Price USD CH0545171495 SXW1CTB SXW1CTB INDEX .SXW1CTB
Gross Return USD CH0545171198 SXW1ZCTB .SXW1ZCTB

Quick Facts

Weighting Optimization
Cap Factor 0.045
No. of components Variable
Review frequency Reviewed annually in March and rebalanced quarterly
Calculation/distribution Realtime 15 sec
Calculation hours 00:00:00 22:15:00
Base value/base date 100 as of March 19, 2018
History Available from Mar. 19, 2018
Inception date May. 27, 2020
To learn more about the inception date, the currency, the calculation hours and historical values, please see our data vendor code sheet.

Top 10 Components4

Company Supersector Country Weight
Apple Inc. Technology USA 4.597%
Microsoft Corp. Technology USA 4.313%
META PLATFORMS CLASS A Technology USA 3.954%
VISA Inc. Cl A Industrial Goods and Services USA 3.455%
NVIDIA Corp. Technology USA 3.448%
MasterCard Inc. Cl A Industrial Goods and Services USA 2.846%
ALPHABET CLASS C Technology USA 2.012%
TESLA Automobiles and Parts USA 1.763%
NOVO NORDISK B Health Care Denmark 1.391%
Amazon.com Inc. Retail USA 1.388%

3Net dividend yield is calculated as net return index return minus price index return

4Based on the composition as of October 31, 2024

BENCHMARK INDICES

STOXX Global 1800 Climate Transition Benchmark