Paris – 25 November 2015 – Euronext, the leading exchange in the Euro zone, and Vigeo have
completed their half-year review of the Euronext-Vigeo index range.
The Euronext-Vigeo index range is composed of the following eight indices:
-Euronext-Vigeo France 20,
-Euronext-Vigeo UK 20,
-Euronext-Vigeo Benelux 20,
-Euronext-Vigeo US 50,
-Euronext-Vigeo Eurozone 120,
-Euronext-Vigeo Europe 120,
-Euronext-Vigeo World 120,
-Euronext-Vigeo Emerging 70.
Index components are reviewed and updated twice a year, in June and in December. Full details are shown in the appended tables and on Vigeo’s website. Decisions made today will take effect in the trading session starting Tuesday, 1st December 2015.
The December 2015 update of the Euronext-Vigeo index range includes 40 new component companies selected from a field of over 2,000. A total of 47 companies were removed from the range.
New component stocks are those awarded the highest overall scores by Vigeo. These include top ratings for companies' ability to master risks related to social responsibility and deploy strong commitments in support of sustainable development. Vigeo's assessment model rates each company on nearly 330 indicators. No sectors are excluded per se.
However following a decision by Vigeo's methodology team, companies that that are the subject of controversy on critical issues involving social responsibility and that do not supply comprehensive public information on corrective measures taken or discussions they may have entered into with stakeholders regarding such controversies, are excluded.
Companies’ weighting in the index, calculated by Euronext, is correlated with the rating assigned by Vigeo. This represents an alternative approach to traditional methods based on float. It allows for positive discrimination in favour of those listed companies—most of which operate internationally—that are the most actively engaged in promoting compliance with universal public standards, particularly in the field of human rights, decent employment practices, environmental protection, governance, business ethics and contributions to economic development and social progress in relevant areas.