The ISS STOXX World AC Biodiversity Leaders selects companies that have revenues aligned to biodiversity and environmental UN Sustainable Development Goals (SDGs) objectives after a set of compliance, ESG involvement screens, biodiversity screens, and overall SDG positive contribution assessment are applied. Companies that are non-compliant based on the ISS ESG Norms Based Screening assessment or are involved in Controversial Weapons are not eligible for selection. Additional exclusion filters are applied, screening companies for involvement in Palm Oil, GMO Agriculture, Hazardous Pesticides, Animal Welfare, Fur Involvement, Tobacco, Thermal Coal, Unconventional Oil & Gas, Civilian Firearms, and Military Contracting. Furthermore, only companies in the top 80% rank of Potentially Disappeared Fraction of species over Enterprise Value including Cash (PDF/EVIC) scores based on ISS ESG Biodiversity Impact Assessment Tool (BIAT) within each ICB Sector of the universe are selected. Finally, only companies that have biodiversity-related revenues from products/services and an overall positive contribution to UN SDGs greater than or equal to 2 according to ISS ESG SDG Solutions Assessment would be eligible for the index.
Index Guides, Benchmark statement, and other reports are available under the Data tab.
Top 10 Components
|Norfolk Southern Corp.||US|
|Canadian National Railway Co.||CA|
|Canadian Pacific Kansas City||CA|
|VESTAS WIND SYSTEMS||DK|
|AMERICAN WATER WORKS||US|
|Central Japan Railway Co.||JP|
|LI AUTO 'A'||CN|
ISS STOXX® Biodiversity Indices: How to Incorporate Biodiversity Considerations in Index Construction
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