Qontigo | An Introduction to The STOXX Paris-Aligned Benchmark Indices
This paper illustrates the processes that Qontigo followed in constructing the STOXX Paris-Aligned Benchmark Indices, with specific focus on the STOXX® Europe 600 Paris-Aligned Benchmark Index, and the additional steps taken to reinforce the objectives of the EU PABs.
The Technical Expert Group on sustainable finance (TEG) was established to assist the European Commission in defining, among others, climate benchmark methodologies. The TEG set out minimum standards for the EU Climate Transition Benchmark (EU CTB) and EU Paris-Aligned Benchmark (EU PAB) methodologies. The Commission is using these TEG recommendations as a basis for drafting the final delegated acts that will provide a framework of minimum requirements for the EU CTB and EU PAB Benchmarks.