The index provider has partnered with Sustainalytics to expand its sustainable index family with a sub-index of the Stoxx Europe 600 benchmark
Stoxx has launched the Stoxx Europe 600 ESG-X Index, a new index developed based on feedback of asset owners, in order to accommodate their need for a version of Europe’s benchmark in line with the exclusion criteria of their responsible-investing policy. The Stoxx Europe 600 ESG-X includes a product involvement screening for controversial weapons, tobacco and thermal coal as well as a norm-based screening that follows the United Nations Global Compact principles of human and labor rights
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