AMUNDI MSCI EUROPE CLIMATE PARIS ALIGNED PAB UCITS ETF DR (C)
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17 Nov 2023
The MSCI Europe Climate Change Paris-Aligned Select Index is an index constructed from the MSCI Europe Climate Change Index and includes large and mid-cap securities across 15 Developed Markets (DM) countries in Europe. The Indexes aim to represent the performance of an investment strategy that re-weights securities based upon the opportunities and risks associated with the climate transition risks and opportunities while satisfying the corresponding minimum requirements as per the Technical Expert Group (TEG) Final Report. Additionally, the Indexes also exclude securities of companies based on their revenues from the manufacture of tobacco products and thermal coal based power generation. To avoid concentration, the Index is then capped as per the MSCI 10/40 Indexes methodology.