EPAB
•
Equity
AMUNDI S&P EUROZONE PAB NET ZERO AMBITION UCITS ETF ACC
TER (bps):
20
AUM (USD m):
2,063
ISIN:
LU2195226068
Domicile:
Luxembourg
Share Class Currency:
EUR
ESG:
No
Geographical Focus:
Eurozone (EMU)
As of:
12 Nov 2024
Climate Fund:
Yes
Benchmark
The S&P Eurozone LargeMidCap Paris-Aligned Climate Index is designed to measure the performance of eligible companies from the S&P Eurozone LargeMidCap Index, selected and weighted to be collectively compatible with a 1.5sC global warming climate scenario at the index level. The weighting strategy aims to minimize through optimization the difference in constituent weights to the Parent Index while simultaneously delivering a broad range of climate objectives covering transition risk (for instance a minimum self-decarbonization rate of greenhouse gas emissions intensity equating to at least 7% on average per annum), climate change opportunities (through substantially higher green-to-brown revenue share) and physical risk (through a reduced exposure to physical risks from climate change using Trucost’s Physical Risk dataset as defined in the methodology of the Benchmark Index). The Benchmark Index aims to meet and maintain the criteria set out by the European Union’s Technical Expert Group on Climate Benchmark’s ESG Disclosures, to qualify as an EU Paris-Aligned Benchmark ("EU PAB").
PERFORMANCE
