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New composition of STOXX Global ESG Leaders Index

Release date:
18 Sep 2019
| STOXX

New composition of STOXX Global ESG Leaders Index

More companies are joining the index

Zug (September 18, 2019) – Qontigo’s global index provider STOXX Ltd. has announced the results of the annual review of the STOXX Global ESG Leaders Index. The STOXX Global ESG Leaders Index offers a representation of the leading global companies in terms of environmental, social and governance criteria, based on ESG scores provided by Sustainalytics.  

“Launching the STOXX Global ESG Leaders Index in 2011 was an important step for us to provide visibility for companies which excel in sustainable operations and management. Seeing that in total 115 companies have been included for more than five years shows a clear corporate responsibility trend, with Europe having a strong footprint among the established members,” said Willem Keogh, STOXX’s Head of ESG, Thematic and Factor Solutions.

After the review, the main index now comprises 440 constituents, the highest number since its inception in 2011. 125 stocks have been added, while 72 companies are no longer part of the index. In total 272 companies are coming from Europe, 85 companies are based in North America and 83 companies are located in Asia Pacific. All changes will become effective as of 23 September 2019.

Overview of the number of companies included in the STOXX Global ESG Leaders Index per country. A detailed overview is available per request.

Country

Companies

United States

71

United Kingdom

56

France

50

Japan

38

Germany

34

Australia

31

Sweden

24

The Netherlands

20

Switzerland

17

Italy

16

Canada

14

Spain

14

Finland

14

Denmark

8

Hong Kong

8

Norway

7

Belgium

4

Singapore

4

Portugal

3

Austria

2

Ireland

2

New Zealand

2

Luxembourg

1

The STOXX Global ESG Leaders Index follows a bottom-up, best-in-class approach based on company’s ESG scores. Companies involved in controversial weapons or which do not comply with UN Global Compact principles are excluded. 

In addition to the main index, STOXX Global ESG Leaders, the three ESG sub-indices – STOXX Global ESG Environmental Leaders, STOXX Global ESG Social Leaders and STOXX Global ESG Governance Leaders – were also reviewed.

About Qontigo

Qontigo is a financial intelligence innovator and a leader in the modernization of investment management, from risk to return. The combination of the company’s world-class indices and best-of-breed analytics, with its technological expertise and customer-driven innovation enables its clients to achieve competitive advantage in a rapidly changing marketplace. Qontigo’s global client base includes the world’s largest financial products issuers, capital owners and asset managers. Created in 2019 through the combination of STOXX, DAX and Axioma, Qontigo is part of Deutsche Börse Group, headquartered in Eschborn with key locations in New York, Zug and London. 

About STOXX

STOXX Ltd. is Qontigo’s global index provider, currently calculating a global, comprehensive index family of over 10,000 strictly rules-based and transparent indices. Best known for the leading European equity indices EURO STOXX 50, STOXX Europe 50 and STOXX Europe 600, STOXX Ltd. maintains and calculates the STOXX Global index family which consists of total market, broad and blue-chip indices for the regions Americas, Europe, Asia/Pacific and sub-regions Latin America and BRIC (Brazil, Russia, India and China) as well as global markets.
STOXX indices are licensed to more than 600 companies around the world as underlyings for Exchange Traded Funds (ETFs), futures and options, structured products and passively managed investment funds.

Qontigo’s index provider STOXX is part of Deutsche Börse Group, and the administrator of the DAX indices under the European Benchmark Regulation.

Legal disclaimer: 
STOXX, Deutsche Boerse Group and their licensors, research partners or data providers do not make any warranties or representations, express or implied, with respect to the timeliness, sequence, accuracy, completeness, currentness, merchantability, quality or fitness for any particular purpose of its index data and exclude any liability in connection therewith. STOXX, Deutsche Boerse Group and their licensors, research partners or data providers are not providing investment advice through the publication of indices or in connection therewith. In particular, the inclusion of a company in an index, its weighting, or the exclusion of a company from an index, does not in any way reflect an opinion of STOXX, Deutsche Boerse Group or their licensors, research partners or data providers on the merits of that company. Financial instruments based on the STOXX® indices, DAX® indices or on any other indices supported by STOXX are in no way sponsored, endorsed, sold or promoted by STOXX, Deutsche Boerse Group or their licensors, research partners or data providers.

 


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