METHODOLOGY CHANGE | SOLACTIVE ISS ESG GLOBAL LOW CARBON CUSTOM INDEX | January 2025
Today, on the 01/08/2024, Solactive announces the following changes to the methodology of the following Indices (the ‘Affected Indices’):
Name |
ISIN |
RIC |
Solactive ISS ESG Global Low Carbon Custom Index PR |
DE000SL0BPX2 |
.SOGLOWCP |
Solactive ISS ESG Global Low Carbon Custom Index NTR |
DE000SL0BPY0 |
.SOGLOWCN |
Solactive ISS ESG Global Low Carbon Custom Index TR |
DE000SL0BPZ7 |
.SOGLOWCT |
Rationale for Methodology Change
Solactive intends to change the country classification used for the DEI filter of the above indices from the
GBS country classification to the ISS country classification. The change will align the country
classification more closely with the underlying ESG data, which will benefit the scope of the index to
exclude securities of corporate issuers that violate certain ESG standards in relation to controversies
and/or activities in certain sectors.
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):
From:2.2. SELECTION OF THE INDEX COMPONENTS
The country allocation is based on the GBS country classification.
To:
2.2. SELECTION OF THE INDEX COMPONENTS
The country allocation is based on the country classification of the DATA PROVIDER.