Underlying Index
MVIS^®Global Circular Economy ESG Index (MVCIRCTR)

The Index Composition:

The index tracks the performance of companies contributing to the circular economy. This includes companies with at least 50% of their revenues (25% for current components) from: water purification and treatment products/services, waste-to-energy and biofuels, general waste management services that include recycling services, metal recycling services. The index also includes companies with at least 50% of their revenues (25% for current components) from products that are made of - or services related to - recycled, repurposed, or reused materials.

The index supports sustainability in production of goods, recycling of goods and materials, and water purification and treatment, meeting the UN’s Sustainable Development Goals on Responsible Consumption and Production, and Clean Water and Sanitation.

Companies initially eligible for inclusion in Index:

• Companies have to generate at least 50% revenues from industries related to the circular economy
• Market cap exceeding $150 million
• At least 250,000 shares traded per month over the last six months at a review and also at the previous two reviews
• Individual company weights are capped at 8%
• Companies with very severe social norms violations, or that have greater than 0% revenue exposure to controversial weapons, or that exceed certain thresholds of revenue exposure to various sectors including but not limited to civilian firearms, tobacco, and energy extractives are not eligible for inclusion.
• Companies that are not covered by ISS or for which relevant data fields are not collected by ISS may be eligible for inclusion. For more details on the screening, please refer to the Index Methodology below.

Index provider:
MVIS