Summary
The STOXX Global Climate Change Leaders Index is based on the CDP “A list” database, previously known as the Climate Performance Leadership list. This unique index concept includes carbon leaders who are publicly committed to reducing their carbon footprint. CDP’s “A List” was originally produced at the request of 767 investors who represent more than a third of the world’s invested capital. STOXX Climate Change Leaders Index is the first ever that tracks the CDP “A List” available to market participants, offering a fully transparent and tailored solution to address long-term climate risks, while participating in the sustainable growth of a low-carbon economy. The index is price weighted with a weight factor based on the free-float market cap multiplied by the corresponding Z-score carbon intensity factor of each constituent. Components with lower carbon intensities are overweighted, while those with higher carbon emission are underweighted.
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Details
Top 10 Components
| Microsoft Corp. | Technology | US |
| ALPHABET CLASS C | Technology | US |
| ALPHABET INC. CL A | Technology | US |
| VISA Inc. Cl A | Industrial Goods and Services | US |
| Johnson & Johnson | Health Care | US |
| NOVO NORDISK B | Health Care | DK |
| LVMH MOET HENNESSY | Consumer Products and Services | FR |
| Cisco Systems Inc. | Telecommunications | US |
| ASTRAZENECA | Health Care | GB |
| NOVARTIS | Health Care | CH |
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