Methodology Change | Solactive ISS ESG Screened Paris Aligned Index Series | Effective Date 2025-09-19
Solactive announces the following changes to the methodology of the following indices (the ‘Affected Indices’):
|
Index Name |
Index ISIN |
Index RIC |
|
Solactive ISS ESG Screened Paris Aligned Global Markets Index PR |
DE000SL0C1H4 |
.SSPABGMP |
|
Solactive ISS ESG Screened Paris Aligned Global Markets Index NTR |
DE000SL0C1J0 |
.SSPABGMN |
|
Solactive ISS ESG Screened Paris Aligned Global Markets Index TR |
DE000SL0C1K8 |
.SSPABGMT |
|
Solactive ISS ESG Screened Paris Aligned Global Markets USD Index PR |
DE000SL0HYP7 |
.SSPABGUP |
|
Solactive ISS ESG Screened Paris Aligned Global Markets USD Index NTR |
DE000SL0HYQ5 |
.SSPABGUN |
|
Solactive ISS ESG Screened Paris Aligned Global Markets USD Index TR |
DE000SL0HYR3 |
.SSPABGUT |
|
Solactive ISS ESG Screened Paris Aligned Global Markets SEK Index PR |
DE000SL0HYS1 |
.SSPABGSP |
|
Solactive ISS ESG Screened Paris Aligned Global Markets SEK Index NTR |
DE000SL0HYT9 |
.SSPABGSN |
|
Solactive ISS ESG Screened Paris Aligned Global Markets SEK Index TR |
DE000SL0HYU7 |
.SSPABGST |
|
Solactive ISS ESG Screened Paris Aligned Global Markets NOK Index PR |
DE000SL0HYV5 |
.SSPABGNP |
|
Solactive ISS ESG Screened Paris Aligned Global Markets NOK Index NTR |
DE000SL0HYW3 |
.SSPABGNN |
|
Solactive ISS ESG Screened Paris Aligned Global Markets NOK Index TR |
DE000SL0HYX1 |
.SSPABGNT |
|
Solactive ISS ESG Screened Paris Aligned Europe Index PR |
DE000SL0C1L6 |
.SSPABEUP |
|
Solactive ISS ESG Screened Paris Aligned Europe Index NTR |
DE000SL0C1M4 |
.SSPABEUN |
|
Solactive ISS ESG Screened Paris Aligned Europe Index TR |
DE000SL0C1N2 |
.SSPABEUT |
|
Solactive ISS ESG Screened Paris Aligned USA Index PR |
DE000SL0C1S1 |
.SSPABUSP |
|
Solactive ISS ESG Screened Paris Aligned USA Index NTR |
DE000SL0C1T9 |
.SSPABUSN |
|
Solactive ISS ESG Screened Paris Aligned USA Index TR |
DE000SL0C1U7 |
.SSPABUST |
|
Solactive ISS ESG Screened Paris Aligned Emerging Markets Index PR |
DE000SL0C1P7 |
.SSPABEMP |
|
Solactive ISS ESG Screened Paris Aligned Emerging Markets Index NTR |
DE000SL0C1Q5 |
.SSPABEMN |
|
Solactive ISS ESG Screened Paris Aligned Emerging Markets Index TR |
DE000SL0C1R3 |
.SSPABEMT |
|
Solactive ISS ESG Screened Paris Aligned Developed Markets Small Cap Index PR |
DE000SL0C1V5 |
.SSPABDSP |
|
Solactive ISS ESG Screened Paris Aligned Developed Markets Small Cap Index NTR |
DE000SL0C1W3 |
.SSPABDSN |
|
Solactive ISS ESG Screened Paris Aligned Developed Markets Small Cap Index TR |
DE000SL0C1X1 |
.SSPABDST |
|
Solactive ISS ESG Screened Paris Aligned Developed Markets Index PR |
DE000SL0JZE4 |
.SSPABDMP |
|
Solactive ISS ESG Screened Paris Aligned Developed Markets Index NTR |
DE000SL0JZF1 |
.SSPABDMN |
|
Solactive ISS ESG Screened Paris Aligned Developed Markets Index TR |
DE000SL0JZG9 |
.SSPABDMT |
Rationale for the Methodology Change
ISS ESG’s Norm-Based Research (NBR) evaluates the environmental, social, and governance (ESG)
impact of corporate issuers by identifying and assessing corporate controversies. The framework is
built on established international standards.
ISS ESG has announced a methodology update to the NBR that will be implemented by the end of
June 2025. Going forward, a score of 10 (Red Signal) will only be assigned to verified ‘very severe’
cases. Verified ‘severe’ cases will now receive a score of 9. Previously, the red signal was not
strictly tied to the severity level.
In order to reflect the adjustments by ISS and the feedback received on the respective Market Consultation, Solactive decided to apply a Targeted Revision of the Norm-Based Research filter which means to exclude only “severe” cases in critical areas (Environment, Labour Rights, and Human Rights), while continuing to include Anti-Corruption cases.
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):
Section 2.2 SELECTION OF THE INDEX COMPONENTS
old:
|
Norm-Based Research |
Environment |
Verified failure to respect established norms as well as severe or very severe controversies |
|
Human Rights |
||
|
Corruption |
||
|
Labour Rights |
new:
|
Norm-Based Research |
Environment |
Verified, severe or very severe failure to respect established norms |
|
Human Rights |
||
|
Labour Rights |
||
|
Corruption |
Verified, very severe failure to respect established norms |