Methodology Change | Solactive ISS ESG Global Markets Paris-Aligned Benchmark ex Nuclear Index | Effective Date 02/05/2023
Today, on the 18/04/2023, Solactive announces the following changes to the methodology of the following Indices (the ‘Affected Indices’):
NAME |
RIC |
ISIN |
Solactive ISS ESG Global Markets Paris-Aligned Benchmark ex Nuclear Index PR |
.SPAGMXNP |
DE000SL0GZ98 |
Solactive ISS ESG Global Markets Paris-Aligned Benchmark ex Nuclear Index NTR |
.SPAGMXNN |
DE000SL0G0A7 |
Solactive ISS ESG Global Markets Paris-Aligned Benchmark ex Nuclear Index TR |
.SPAGMXNT |
DE000SL0G0B5 |
Rationale for Methodology Change
Solactive has determined that the current threshold of the filter for “Nuclear Energy Supporting Products” is too strict. To more accurately cover the intended exclusion of ‘Nuclear Technical Activities’ in the index, the threshold of the filter for “Nuclear Energy Supporting Products” will be relaxed from “any revenue involvement” to 25% relative revenues.
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 from “any revenue involvement” to 25% relative revenues:
Theme |
Topic |
Exclusion criterion |
Nuclear Activities |
Nuclear Energy Supporting Products |
>25% Revenues |
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.