The iSTOXX MUTB 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 Japan 600. 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
|Toyota Motor Corp.||Automobiles and Parts||JP|
|SONY GROUP CORP.||Consumer Products and Services||JP|
|Keyence Corp.||Industrial Goods and Services||JP|
|Tokyo Electron Ltd.||Technology||JP|
|Nippon Telegraph & Telephone C||Telecommunications||JP|
|Daiichi Sankyo Co. Ltd.||Health Care||JP|
|Daikin Industries Ltd.||Construction and Materials||JP|
|Fast Retailing Co. Ltd.||Retail||JP|
|Takeda Pharmaceutical Co. Ltd.||Health Care||JP|
|Nintendo Co. Ltd.||Consumer Products and Services||JP|