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What’s in a Name? From S&P 500 ESG Index to S&P 500 Scored & Screened Index
S&P Dow Jones Indices announced the renaming of the S&P 500 ESG Index to the S&P 500 Scored & Screened Index in line with new European Securities and Markets Authority (ESMA) fund naming guidelines. The new index tracks securities that meet specific sustainability criteria while reflecting S&P 500’s industry group weights. The methodology remains unchanged, ensuring consistency as a benchmark with an objective to reflect 75% of the market cap within each industry group.