Methodology change | Solactive France Transition EW Index | Effective Date 23rd April 2025
Today on 2025-04-23 Solactive announces the following changes to the methodology of the following Indices (the ‘Affected Indices’).
Name | Index RIC | Index ISIN |
Solactive France Transition EW 5% AR Index | .SOFRCLIT | DE000SLA60T8 |
Solactive France Transition EW Index NTR | .SOFRCLITN | DE0SOFRCLITN |
Solactive France Transition EW Index PR | .SOFRCLITP | DE0SOFRCLITP |
Solactive France Transition EW Index TR | .SOFRCLITT | DE0SOFRCLITT |
Rationale for Methodology Change
The current ESG data provider has decommissioned its services. As a result, Solactive has modified the methodology to ensure the index’s continuation while maintaining the integrity of ESG assessments and alignment with the index strategy
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):
2.1 SELECTION OF THE INDEX COMPONENTS
From:
Among the remaining securities the top 40 securities are selected based on the Energy Transition
Score.
To:
Among the remaining securities the top 40 securities with the highest Carbon Risk Rating are selected as Index constituents.
4 DEFINITIONS
From:
The “Index Universe” in respect of a Selection Day are companies that fulfill the following criteria:
– All French stocks that are covered by Vigeo Eiris ESG data
To:
The “Index Universe” in respect of a Selection Day are companies that fulfill the following criteria:
All French stocks that are Part/ Component of the GBS INDEX UNIVERSE of the Solactive GBS Developed Markets Eurozone Investable Universe Index PR (ISIN: DE000SLA8FS7), on a Selection Day
GBS INDEX UNIVERSE is the INDEX UNIVERSE as defined in the guideline of the Solactive Global Benchmark Series (https://solactive.com/downloads/Guideline-Solactive-GBS-Benchmark-Series.pdf) for Solactive GBS Developed Markets Eurozone Investable Universe Index PR (ISIN: DE000SLA8FS7)
Addition
The Carbon Risk Rating provided by ISS-ESG is a numeric score from 0 to 100 for the rated entity’s overall carbon risk. For corporate issuers this score is based on an assessment of over 100 industry-specific indicators and a carbon risk classification at the industry and sub-industry levels. For sovereigns the Country Carbon Risk Rating evaluates the effectiveness of a country’s government in implementing policies aimed at reducing greenhouse gas emissions by state, corporate, and private actors, and in adapting to a changed climate by reducing its vulnerability to climate risks.
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 is available on our website.