The ESG Research Provider, Oekom Research AG, sends a selection universe consisting of European companies screened for a number of ESG constraints on a quarterly basis. The companies in the selection universe need to be certified with the Oekom “Prime”. The companies in the selection universe are further screened for Controversial Business Areas and Controversial Business Practices and removed from the pool, if they violate either of the exclusion criteria. After screening for certain liquidity criteria, of the remaining stock universe, the 30 companies with lowest historical volatility are chosen as final index components.
The Index is rebalanced quarterly.