STOXX® Global Smart City Infrastructure
The STOXX Global Smart City Infrastructure Index tracks the performance of companies deploying the physical structures and facilities needed as urban development gets more intelligent and efficiency-focused. As such, the index targets two global thematic trends: that of smart cities and of infrastructure. As cities in the digital era are faced with expanding populations, limited natural resources, rapidly changing technology and the need to protect the environment, new facilities are required to address challenges and exploit innovative means of transport, housing, energy, waste management and communications.
STOXX uses FactSet’s Revere (RBICS) granular data for a detailed breakdown of the revenue sources of the eligible companies, to select those most exposed to the smart city infrastructure theme. Nearly 50 sectors have been associated to the theme and include cellular site equipment, metal recycling providers, multi-type passenger transportation and water treatment agents manufacturing.
Additionally, the index enhances a sustainability approach by excluding companies that Sustainalytics considers to be in breach of UN Global Compact principles, are involved with controversial weapons, produce or distribute tobacco, extract thermal coal, use coal to generate power, or explore for or extract unconventional energy sources. STOXX will also remove companies that Sustainalytics identifies to have a ‘Severe’ ESG risk or controversy rating.
|Dissemination period||00:00 CET-22:15 CET|
|Free Float Mcap||11'451'275.268 MUSD|
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|52 week change|
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