The iSTOXX MUTB ex-Japan Paris Aligned Index is designed to help investors shift towards a low-carbon economy. They are based on liquid securities selection form its parent index, STOXX Global 1800 ex-Japan. Companies identified as non-compliant according to their Global Standards Screening (GSS) assessment or that are involved in Very Severe ESG Controversies or Controversial Weapons or Tobacco Production, are not eligible for selection. Securities that generate revenues above a certain threshold from coal, oil and gas exploration or processing activities, or from fossil fuel-based power generation are not considered for selection. Furthermore, companies that ISS ESG assesses to have Significant Obstruction in the UN SDGs 12,13,14 and 15 are excluded from the selection universe. The weighing process follows an optimization model that minimizes its exposure to a risk score consisting of four sustainable terms subject to constraints.
Index Guides, Benchmark statement, and other reports are available under the Data tab.
Top 10 Components
|TESLA||Automobiles and Parts||US|
|Eli Lilly & Co.||Health Care||US|
|VISA Inc. Cl A||Industrial Goods and Services||US|
|Johnson & Johnson||Health Care||US|
|Procter & Gamble Co.||Personal Care, Drug and Grocery Stores||US|
|MasterCard Inc. Cl A||Industrial Goods and Services||US|