The iBoxx EUR Corporates Net Zero 2050 Paris-Aligned ESG index aims to meet and exceed the standards for EU Paris-aligned Benchmarks (EU PABs) under Regulation (EU) 2019/2089 amending Regulation (EU) 2016/1011 (link). The regulation proposes the definitions of minimum standards for the methodology of any "EU Paris-Aligned" benchmark indices that aim to be aligned with the objectives of the Paris Agreement. The index also incorporates factors that seek to manage transition risk and climate change opportunities in alignment with the recommendations of the Financial Stability Board's Task Force on Climate related Financial Disclosures (TCFD) 2017 Final Report, covering transition risk, climate change opportunities, and stranded assets. The index, administered by S&P Global Benchmark Administration Limited, measures the performance of eligible corporate bonds from the iBoxx EUR Corporates parent index. The corporate bonds are selected and weighted to be collectively compatible with a 1.5ºC global warming climate scenario at the index level. The index applies exclusions based on company involvement in specific business activities, company violations against the principles of the United Nations Global Compact (UNGC), and involvement in relevant controversies, all outlined in the ESG criteria section. The index rules aim to efficiently track the EUR investment grade corporate bond universe, whilst upholding minimum standards of investability and liquidity. The index optimisation process ensures close alignment to the maturity, rating, industry, option adjusted duration (OAD), and duration times spread (DTS) profile of the parent index while improving yield-to-worst (YTW) analytics. Download iBoxx EUR Corporates Net Zero 2050 Paris-Aligned ESG Index Guide
Download iBoxx EUR Corporates Net Zero 2050 Paris-Aligned ESG Index Fact Sheet
Discover more about S&P Global's offerings