This index features the top ESG stocks listed in the US, with a weighting scheme based on each company’s ESG score, as assessed by their Arabesque S-Ray main score. Typically, no featured stock is awarded a weighting in excess of 1.13% or below 0.855%.
The index is revised quarterly on the third Friday of every March, June, September and December after market close.
- Number of constituents: 100
- Market hours: 14:30 – 21:00
- Spread: Fixed (6 points)
How companies qualify for ESG index status
Companies with a strong environmental commitment – be it climate change policies, greenhouse gas emission goals or carbon footprint – could find themselves featured on this index.
The social component of ESG involves people-related elements, such as company culture and issues that impact employees, customers, consumers, suppliers, the local community, and society at large.
Finally, a company with good corporate governance is judged as one with a strong board of directors who relate well to different stakeholders, run their business effectively, and align the management team's incentives with the company's success.NEWS & ANALYSIS