Vigeo’s indices are composed of the highest-ranking listed companies as evaluated by the agency in terms of their performance in corporate responsibility. This range of indices: Euronext Vigeo World 120, Euronext Vigeo Europe 120, Euronext Vigeo Eurozone 120, Euronext Vigeo US 50, Euronext Vigeo France 20, Euronext Vigeo United Kingdom 20 and Euronext Vigeo Benelux 20, will be updated every six months. Selected companies have achieved the highest ratings in their reference universe. Ratings are weighted and reflect the company’s performance with regards to the set of risks Vigeo defines and evaluates to asses and measure corporate responsibility.
Two filters are applied to determine the new indices’ constituents; companies are excluded if:
- their level of commitment is insufficient with regard to their overall score or their score in one of six key areas reviewed by Vigeo.
- they are subject to recurrent and critical controversies to which they failed to provide visible evidence of corrective measures or to engage with stakeholders. Companies are also excluded if they were subject to monitoring alert from Vigeo due to a recent critical controversy.
An analysis conducted by Euronext showed performance levels equivalent to conventional indices in terms volatility and performance. An outperformance has been detected on the European index in 2012.
The 120 most advanced companies at the global level
The 120 most advanced European companies
The 120 most advanced companies in the Eurozone
The 50 most advanced US companies
The 20 most advanced French companies
The 20 most advanced UK companies
The 20 most advanced companies in the Benelux zone
This range of indices is intended to provide information on companies with the highest ESG rankings within the universe under Vigeo’s review. Their admission to the indices means that the companies are among the issuers with the highest level of assurance on their capacity to integrate universally defined ESG objectives and to master associated risks. Their presence within the indices does not mean that Vigeo certifies the materiality, the excellence or the irreversibility of the performance of these companies. It is important to note that the scores considered for inclusion in the indices are relative and that even the most advanced companies have potential for progress and should not invoke their presence in these indices to hide or deny their shortcomings or negligence.
Our indices are purely indicative and do not hold Vigeo accountable neither in favor nor against companies. The agency cannot be held responsible for any consequences of their use by a third party for investment decisions or any other form of commercial transaction.