BlackRock has introduced an iShares ETF tracking the EURO STOXX 50 ® ESG, the Eurozone's sustainability benchmark. The fund was listed on the Frankfurt Stock Exchange last July. The EURO STOXX 50 ESG index reflects the benchmark EURO STOXX 50 ® after standard ESG exclusion screens are applied for global norms 1, controversial weapons, small arms, military contracting, thermal coal, unconventional oil and gas, tobacco, ESG controversies and ESG risk. Thereafter, companies with the lowest ESG scores are excluded until a total of 20% of holdings of the initial EURO STOXX 50 components are excluded. Each exclusion is replaced by the largest EURO STOXX ® company from the same ICB Supersector that has a higher ESG score, preserving the sector diversification that's an attribute of the benchmark.