The STOXX ESG Broad Market Indices track the performance of a selection of STOXX indices after a set of compliance, involvement and ESG performance screens are applied.
Companies that are non-compliant based on the Sustainalytics’ Global Standards Screening assessment or are involved in Controversial Weapons are not eligible for selection. Additional exclusion filters are applied, screening companies for involvement in Tobacco Production, Thermal Coal and Military Contracting. The remaining securities are ranked in descending order of their ESG scores within each of the 11 ICB Industry groups. The STOXX ESG Broad Market Indices select the top-ranking securities in each of the ICB Industries until the number of selected securities reaches 80% of the number of securities in the underlying index.
Index Guides, Benchmark statement, and other reports are available under the Data tab.
Top 10 Components
|NESTLE||Food, Beverage and Tobacco||CH|
|ROCHE HLDG P||Health Care||CH|
|NOVO NORDISK B||Health Care||DK|
|LVMH MOET HENNESSY||Consumer Products and Services||FR|
ESG fund flows show resilience amid 2022 market sell-off
This year has seen a steep slowdown in net purchases of global ESG funds, but inflows remain positive. Broader funds, meanwhile, registered USD 139 billion in net outflows in the first six months of 2022, according to Morningstar data.
Investments in SFDR Art. 9 funds grow in first quarter despite market drop
One year after the introduction of Europe’s Sustainable Finance Disclosure Regulation, SFDR Arts. 8 and 9 funds increased their combined share of total European fund assets to 45.6%.
Amundi switches ETF index to STOXX Europe 600 ESG Broad Market
The newly named AMUNDI STOXX EUROPE 600 ESG UCITS ETF DR fund meets increasing client demand for responsible-investing principles and will be classified as Article 8 under the Sustainable Finance Disclosure Regulation (SFDR).
Ossiam’s Lacroix: Maximizing the benefits of an ESG index strategy with an equal-weight approach
We talk to Paul Lacroix, Ossiam’s Head of Structuring, about the switch of index underlying the Ossiam STOXX® Europe 600 Equal Weight NR ETF, and why an equal-weighted ESG strategy can boost both the ESG profile and price returns of a portfolio.