The STOXX Global Smart Cities Index is comprised of companies that stand to benefit from the ‘smart cities’ megatrend. A smart city uses innovative means to improve quality of life, urban operation and services, and competitiveness; at the same time, it strives to meet its present and future citizens’ needs on an economic, social, environmental and cultural level. The companies in this index address a diverse set of requirements such as smart and enhanced buildings/homes, efficient mobility, optimum energy utilization and better administrative services. With growing urban population, limited natural resources and increasing focus on environmental sustainability, the companies are well-positioned to benefit from this long-term trend.
Revere (RBICS) data allow a detailed breakdown of the revenue sources of the eligible companies, helping this index to select companies with substantial exposure to the smart cities trend.
Furthermore, the index excludes companies that Sustainalytics considers to be in breach of UN Global Compact principles or to be involved with controversial weapons.
Index Guides, Benchmark statement, and other reports are available under the Data tab.
Top 10 Components
|TESLA||Automobiles and Parts||US|
|PALO ALTO NETWORKS||Technology||US|
|CROWDSTRIKE HOLDINGS A||Technology||US|
|VEEVA SYSTEMS CL.A||Health Care||US|
|VESTAS WIND SYSTEMS||Energy||DK|
|RIVIAN AUTOMOTIVE A||Automobiles and Parts||US|