Foxberry Sustainability Consensus Europe Total Return Index
The index aims to track the performance of a basket of companies taking into account environmental, social and corporate governance factors. The asset allocation has a focus on companies with high sustainability factors scores, incentivising them to improve their sustainability ratings.
The index is comprised of companies that are publicly traded on various stock exchanges around the world that obtain high scores on sustainability factors. The index approach uses a consensus process, combining expertise of the Sustainability Committee and unlocking the sustainability expertise among the asset owner community.
The Foxberry Sustainability Committee handles issues around sustainability matters, including: i) environmental issues; ii) governance issues; iii) sustainability issues; iv) UN sustainable development goals; v) ongoing controversies; vi) norms-based standards, which are minimum standards of business practice based on international norms; vii) equality issues; viii) ethical considerations.