XEPA
•
Equity
XTRACKERS EUROPE NET ZERO PATHWAY PARIS ALIGNED UCITS ETF 1C
TER (bps):
15
AUM (USD m):
6
ISIN:
IE0001JH5CB4
Domicile:
Ireland
Share Class Currency:
EUR
ESG:
No
Geographical Focus:
Europe
As of:
21 Nov 2024
Climate Fund:
Yes
Benchmark
The Solactive ISS ESG Developed Markets Europe Net Zero Pathway Index aims to represent Developed Market Europe securities in a fashion that complies with the regulations laid out for EU Paris-Aligned Benchmarks (EU PAB). It also aims to implement recommendations published by the IIGCC in their Net Zero investment Framework. The underlying securities are selected in such a manner that the resulting benchmark portfolio’s GHG emissions are aligned with the long-term global warming target of the Paris Climate Agreement, including only companies operating in accordance with market standards for responsible business conduct (Norms-Based Research) and controversial weapons. Those standards are based on established norms such as the United Nations Global Compact and the exclusion of significant involvement in defined sectors. In addition, certain activities are excluded from the index based on fixed revenue thresholds. The index is calculated as a PR version in EUR.
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