The S&P Developed Ex-Australia LargeMidCap Carbon Aware Index is designed to measure the performance of eligible securities from the S&P Developed Ex-Australia LargeMidCap, weighted to minimize the weighted average carbon intensity and subject to index active share, active industry group weight, active country weight, and diversification constraints. The optimization process aims to overweight or underweight those companies that have lower or higher levels of greenhouse gas (GHG) emissions per unit of revenue.
