S&P TIP Taiwan Carbon Reduced ESG 50 Index(TWD)

Overview

The S&P TIP Taiwan Carbon Reduced ESG Dividend 50 Index measures the performance of 50 equity securities from the S&P Taiwan LargeMidCap (the underlying index) selected and weighted to be collectively compatible with the transition to a low-carbon and climate resilient economy, while seeking to achieve a target dividend yield improvement compared to the underlying index. The index applies exclusions based on companies’ involvement in specific business activities, violations of the principles of the United Nations’ Global Compact (UNGC), involvement in relevant ESG controversies, an earnings and dividend payment screen, and a listing market screen. The index’s weighting strategy aims to minimize the difference in constituent weights to the underlying index. In addition, the index incorporates a variety of specified decarbonization targets and a dividend yield target, and align with certain specified criteria through the use of optimization with multiple model constraints.