The STOXX Low Carbon Footprint Indices are designed for investors who want to entirely exclude carbon exposure from their portfolios or divest from them. These indices focus on those companies that have the lowest emissions, by excluding the top seven high carbon emission supersectors (Chemicals, Utilities, Oil & Gas, Construction & Materials, Travel & Leisure, Food & Beverage and Basic Resources). Additionally, from the remaining universe the top 10% of companies in terms of highest emissions are excluded. The indices have a variable number of components., and 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.
STOXX uses CDP and 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.
Top 10 Components
|TESLA||Automobiles and Parts||US|
|META PLATFORMS CLASS A||Technology||US|
|ALPHABET CLASS C||Technology||US|
|UnitedHealth Group Inc.||Health Care||US|
|VISA Inc. Cl A||Industrial Goods and Services||US|
|JPMorgan Chase & Co.||Banks||US|
|MasterCard Inc. Cl A||Industrial Goods and Services||US|