iBoxx EUR Corporates PAB ESG Legacy 2022 Index

The iBoxx EUR Corporates PAB ESG Legacy 2022 Index is designed to measure the performance of investment grade, EUR-denominated corporate debt that aims to be compatible with a 1.5°C global warming climate scenario. The index comprises bonds issued by public or private corporations, with a minimum amount outstanding of EUR 500 million, or EUR 1 billion for legacy bonds converted from pre-EUR currencies. Bonds must have a minimum time to maturity of 18 months at issuance and 12 months at rebalancing. The methodology incorporates ESG criteria with exclusions based on controversial weapons, tobacco, fossil fuels and UNGC violations and controversies.