Methodology Change | Solactive Developed Markets ISS ESG SDG Climate Focus Index | Effective Date 15/12/2023
Today, on the 14/12/2023, Solactive announces the following changes to the methodology of the following Indices (the ‘Affected Indices’):
NAME |
RIC |
ISIN |
Solactive Developed Markets ISS ESG SDG Climate Focus SEK Index PR |
.SOLSDCSP |
DE000SL0GYH6 |
Solactive Developed Markets ISS ESG SDG Climate Focus SEK Index NTR |
.SOLSDCSN |
DE000SL0GYJ2 |
Solactive Developed Markets ISS ESG SDG Climate Focus SEK Index TR |
.SOLSDCST |
DE000SL0GYK0 |
Solactive Developed Markets ISS ESG SDG Climate Focus USD Index PR |
.SOLSDCUP |
DE000SL0GYL8 |
Solactive Developed Markets ISS ESG SDG Climate Focus USD Index NTR |
.SOLSDCUN |
DE000SL0GYM6 |
Solactive Developed Markets ISS ESG SDG Climate Focus USD Index TR |
.SOLSDCUT |
DE000SL0GYN4 |
Rationale for Methodology Change
Solactive has determined that the current threshold of the filter for “Fossil Fuels (Coal, Gas, Oil)”, “Fossil Fuel Distribution” and “Fossil Fuel Services” is not strict enough. To more stringently cover the climate focus of the index, the thresholds will be lowered to 0% and 5% respectively.
Changes to the Index Guideline
The following Methodology changes will be implemented in the following points of the Index Guideline (ordered in accordance with the numbering of the affected sections):
The threshold in the second table of section 2.2 in the guideline will be changed to 0% and 5% respectively:
Theme |
Topic |
Exclusion criterion |
Activity-Based Screening |
Fossil Fuels (Coal, Gas, Oil) |
0% from Power Generation, Extraction/Mining and Refining |
Fossil Fuel Distribution |
5% |
|
Fossil Fuel Services |
5% |
Defined terms used in this announcement, but not defined herein, have the meaning assigned to them in the respective index guideline of the Affected Indices. The amended version of the index guideline will be available on the effective date.