Knowledge Base

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Questions

Which regulation requires benchmark administrators to include an explanation of ESG factor integration in their Benchmark Statement?

Delegated Regulation 2020/1817

Delegated Regulation 2020/1816

Delegated Regulation 2019/2089

Delegated Regulation 2023/XXXXX

What is the revenue threshold for the exclusion of thermal coal in Paris-Aligned Benchmarks (PAB)?

0.5%

What is the initial carbon intensity reduction required by Climate Transition Benchmarks (CTB) compared to the parent investable universe?

20%

30%

40%

50%

What is the environmental impact measured by MSCI for a $1,000 investment in a PAB index compared to a parent index over the 2015-2022 period?

-20% emissions

-50% emissions

-77% emissions

-90% emissions

Passive funds tracking a PAB or CTB are automatically considered as having an Article 9 sustainable investment objective according to a European Commission clarification of April 2023.

True

False

PAB indices have an average tracking error of 0.5% to 1.5% compared to the parent index.

True

False