Global Challenges Index
The Global Challenges Index was initiated by BÖAG Börsen AG, the parent company operating the stock exchanges in Hamburg and Hanover. The Hanover stock exchange commissioned oekom research AG to develop the concept for the Global Challenges Index and to compile the Index universe. The Global Challenges Index is a real innovation on the financial market. For the first time, it maps out trends in the model of sustainable development consistently and intelligibly in an index. Sustainability-oriented investors will profit from the Global Challenges Index, which
defines “sustainability” in concrete terms by focusing on seven future-relevant fields for action,
sets stringent and consistent performance criteria for the companies listed and
identifies pioneering companies that make active use of the opportunities provided by global change.
The Global Challenges Index was launched and presented to the public Hamburg and Hanover September 3rd, 2007.
Further information on the selection process of the companies included in the Global Challenges Index is presented in the Factsheet.
On www.gc-index.com we keep you updated on the latest developments and changes regarding the Global Challenges Index.
Deutschland Ethik 30 Aktienindex
The Deutschland Ethik 30 equity index comprises 30 companies recruited basically from the ranks of the German Stock Exchange’s major indexes, the DAX, the MDAX and the TecDAX. The companies selected for the new index have to meet stringent ethical selection criteria. In this way, it is possible to exclude companies which make their money through e.g. arms production, nuclear power, gambling or agricultural genetic engineering, or which are involved in controversies relating to labour rights and human rights. oekom research continuously monitors compliance with these and other exclusion criteria. In addition, all the companies have to achieve oekom Prime Status.
Assistance with the selection of suitable companies is provided by an ethical advisory board comprising Father Anselm Grün from Münsterschwarzbach Abbey, Bernd Jünemann from the Archdiocese of Berlin, Dr. Andreas Kretschmer from the Ärzteversorgung Westfalen-Lippe pension fund and Prof. Richard Raatzsch from the European Business School in Oestrich-Winkel. The ethics advisory board can selectively strengthen the specified investment criteria, but on no account dilute them.
CEO of Rhein Asset Management
Neuer Zollhof 3
40221 Düsseldorf, Germany
Tel: +49 211 600067-0
Finvex Ethical & Efficient Europe 30
In collaboration with oekom research, the Brussels-based Finvex Group has launched the Finvex Ethical & Efficient Europe 30 sustainability index. The index comprises a total of 30 European companies, which, in a two-stage process, are selected from the largest European companies by market capitalization. In the first stage, oekom research identifies those companies which, based on its analyses, are amongst the companies operating most sustainably in their industries and have therefore been awarded oekom Prime Status. The companies must also meet stringent exclusion criteria.
In the second stage, Finvex analyses the liquidity and risk of the equities selected in this way. Using a model developed by Finvex and already tried out by other indexes, it examines aspects such as their volatility and possible correlation risks. At the beginning of each month, the composition of the index is reviewed in this way.
Head of Product Development
5 Rue du Congres
Tel : +32 (0) 2 880 31 92
The HVB Sustainability Index depicts the price performance of 16 shares, which are selected in a two-stage process. Firstly, oekom research identifies companies with good track records in environmental and social areas. Next, HVB picks out the 16 largest and most solvent European companies with the highest anticipated dividend yields.
HVB issues HVB Sustainability Index certificates at regular intervals.
LBBW Nachhaltigkeit Strategie-Index
The LBBW Nachhaltigkeit Strategie-Index is a listing of companies which are gaining competitive advantage by achieving a balance between economic, social and environmental goals. To calculate the Index, ten shares are selected each quarter and these are then equally weighted for inclusion in the Index. The titles are selected by oekom research and LBBW Research. oekom research provides a broad investment universe of listed sustainable companies, from which LBBW Research selects ten shares quoted in euros, using the following criteria: share rating, price target, sector and market capitalisation. Dividends are reinvested into the Index.
LBBW NachhaltigkeitsStrategie Zertifikat
Issuer: LBBW; ISIN: DE000LBW74P7
Leiter der Gruppe Derivatives Product Management
Solactive Eurozone Sustainability Index
The Solactive Eurozone Sustainability Index replicates the performance of the 30 largest companies which meet the ESG criteria set out by Oekom Research. The shares are weighted by free float market cap. oekom research provides an index universe to Solactive on a quarterly basis, consisting of European companies which meet minimum sector-specific sustainability management requirements and have therefore been awarded oekom Prime status. The companies in the selection universe are further screened for controversial business areas and controversial business practices and are be removed from the pool if they violate either of the exclusion criteria.
The index is also the basis for the Deka Oekom Euro Nachhaltigkeit UCITS ETF, an UCITS IV compliant mutual funds which replicates the performance of the Solactive Eurozone Sustainability Index.
Steffen Scheuble, CEO
Tel.: +49 (69) 719160 20
Fax: +49 (69) 719 160 25
Solactive Oekom Ethical Low Volatility Index
The Solactive Oekom Ethical Low Volatility Index was developed to track the price movements in shares of companies that have a relatively low historical volatility and pass the ESG screenings applied by oekom research. oekom research provides an index universe to Solactive on a quarterly basis, consisting of European companies which meet minimum sector-specific sustainability management requirements and have therefore been awarded oekom Prime status. The companies in the selection universe are further screened for controversial business areas and controversial business practices and are be removed from the pool if they violate either of the exclusion criteria.
Solactive selects stocks from the starting universe that are incorporated or listed in developed Europe and have a 20 days average daily trading volume of at least EUR 10 million. Stocks are ranked by inverse historical volatility over the past 130 days in their local currency. The Index is composed of the top 30 stocks, which are weighted by inverse historical volatility.
BNP Paribas has licensed the Index to launch a wide range of products, from capital protected to more complex structures.
Steffen Scheuble, CEO
Tel.: +49 (69) 719160 20
Fax: +49 (69) 719 160 25