Climate Innovation Indexes

The Maplecroft Climate Innovation Indexes (CIIs) include:

• The Maplecroft CII Benchmark (Bloomberg ticker: CICOMP)
  c.300 of the largest US companies screened from c.800 companies
• The Maplecroft CII Leaders (Bloomberg ticker: CII)
  The 100 top performing companies from the Maplecroft CII Benchmark
• The Maplecroft CII US 100 (Bloomberg ticker: CI100)
  The 100 largest US companies by free-float market capitalisation

The Maplecroft CIIs are developed from an initial universe of all US stocks with a free-float market capitalisation of over US$1bn. The initial set of c.800 stocks is narrowed to c.300 stocks through a screen that selects companies based on their engagement in public climate-related programmes. These companies, comprising the Maplecroft CII Benchmark, are systematically rated against more than 100 climate performance criteria where innovation-related criteria account for 50% of the final rating score. The 100 top-rated companies are selected for inclusion in the Maplecroft CII Leaders. The Maplecroft CII US 100 includes the 100 largest US companies by free-float market capitalisation, regardless of rating scores or disclosures.

A stock’s representation in each index is directly aligned with its rating score i.e. a stock that scores 80% is attributed four times more value than one that scores only 20%.

Stocks within the Maplecroft CIIs are reviewed every six months based on changes in free-float market capitalisation; engagement in public climate-related initiatives; and a review of financial performance. The Maplecroft CIIs are calculated by Bloomberg and governed by a Steering Committee comprising Bloomberg and Maplecroft experts as well as external authorities representing the policy environment, academia and civil society.