XTRACKERS USD CORPORATE BOND SRI PAB UCITS ETF 1C
AUM (USD m):
Share Class Currency:
14 Sep 2023
The Bloomberg MSCI USD Liquid Investment Grade Corporate SRI PAB Index aims to reflect the performance of certain types of tradable debt (bonds) issued by companies which are denominated in US Dollars. The index aims to comply with the minimum standards of the EU Paris-aligned Benchmark (EU PAB) Regulation by setting an initial 50% decarbonization of absolute greenhouse gas (GHG) emissions relative to the standard Bloomberg USD Liquid Investment Grade Corporate Index, followed by an annual 7% decarbonization trajectory of absolute GHG emissions. In addition, the index will exclude bonds issued by companies which fail to meet certain environmental, social and governance (ESG) criteria.