Whitepaper - August 2020

EURO STOXX 50 ESG Index – Delivering on its Objectives?

In this paper, we analyze the performance of the EURO STOXX 50® ESG Index over a period starting from December 20, 2019 (the quarterly review implementation date) until August 7, 2020 spanning the turbulent market conditions caused by the COVID-19 pandemic. We also compare it with the EURO STOXX 50® ESG-X Index in order to understand and quantify the impact of product- and norms-based exclusions and the integration aspect built into the index. The results show that the EURO STOXX 50® ESG Index has markedly outperformed its benchmark over the observed period while also achieving a lower volatility.

Authors

Ladi Williams

Product Manager

Anand Venkataraman

Head of Section, Product Management