Description

This index is structured to mirror the financial performance of prominent and mid-sized corporations situated across developed European economies. It incorporates a stringent screening mechanism, which disqualifies companies failing to uphold specific Environmental, Social, and Governance (ESG) benchmarks. These exclusions encompass entities linked to controversial weapons; those possessing an MSCI ESG Rating of 'CCC' or lacking any rating; and businesses generating a defined portion of their revenue from activities such as tobacco production, conventional or nuclear weaponry, civilian firearms, thermal coal, unconventional/arctic oil and gas extraction, or palm oil. Moreover, any issuer with an MSCI Controversies Score of 0 is also omitted. A notable characteristic is its objective to exhibit a reduced greenhouse gas emissions intensity relative to its foundational benchmark. The index's composition is thoroughly reviewed on a quarterly basis. Detailed insights into its construction and methodology are available on the MSCI website at https://www.msci.com.