S&P Dow Jones Indices has announced the launch of five new Dividend Aristocrats Indices that incorporate ESG criteria.
The indices included in the launch are:
S&P Developed ESG Dividend Aristocrats Index
S&P ESG High Yield Dividend Aristocrats Index
S&P Global ESG Dividend Aristocrats Index
S&P Global ESG Dividend Aristocrats Quality Income Index
S&P Euro ESG High Yield Dividend Aristocrats Index
The ESG Dividend Aristocrats Index measures the dividend yield-weighted performance of companies from its underlying parent index that meet specific ESG criteria and have followed a managed-dividends policy for a specified number of years. To determine constituent eligibility, the S&P ESG Dividend Aristocrats Indices utilize S&P Global’s ESG scores. The indices apply additional screens and exclude companies that are involved in specific business activities, including those that are not aligned with the principles of United Nations’ Global Compact, and those that are involved in ESG controversies.