MSCI Japan Climate Change ESG Select CTB Index

The MSCI Japan Climate Change ESG Select CTB Index is based on the MSCI Japan Index, its parent index, and includes large and mid-cap securities of the Japanese equity markets

Get in touch

Document downloads

Index code	735125
Index type	Equity
Benchmark administrator	MSCI Deutschland GmbH
Div Yld (%)	1.67
P/E	20.66
P/E Fwd	16.23
P/BV	2.24

Number of constituents	144
Index Market Cap	$4.62 T
Largest constituent Market Cap	$249.47 B
Smallest constituent Market Cap	$524.60 M
Average constituent Market Cap	$32.13 B
Median constituent Market Cap	$14.99 B
Does this benchmark pursue ESG objectives?	Yes

Data as of Sept. 30, 2026

		Annualized std dev (%)²	Sharpe ratio^2,3	Maximum drawdown
MSCI Japan Climate Change ESG Select CTB Index	24.61	15.16	16.15	14.48	0.97	0.29	0.46	34.89	2021-09-14 - 2022-10-21
MSCI ACWI IMI Index	2.62	12.22	15.06	14.97	1.28	0.53	0.67	58.59	2007-10-31 - 2009-03-09

Ticker	Provider	Name	Product type	Index name	Currency
ETFJPMC GR	Deka	Deka MSCI Japan Climate Change ESG UCITS ETF	ETF	MSCI Japan Climate Change ESG Select CTB Index	EUR

ESG metrics

Summary

MSCI Japan Climate Change ESG Select CTB Index

Implied Temperature Rise

> 1.5°C - < 2°C

100.0% coverage

MSCI ACWI IMI Index

Implied Temperature Rise

> 2.0°C - < 3.2°C

94.0% coverage

MSCI Japan Climate Change ESG Select CTB Index	Score	Coverage
ESG Score	7.8	100.0%
UN Global Compact Violations % (*)	0.0%	100.0%
Red Flag ESG Controversies % (*)	0.0%	100.0%

MSCI ACWI IMI Index	Score	Coverage
ESG Score	6.7	88.0%
UN Global Compact Violations % (*)	0.1%	99.8%
Red Flag ESG Controversies % (*)	0.1%	99.8%

(*) Additional ESG factor not mentioned in the regulation but provided for transparency purposes.

Data available as of Sept. 2026. The information was updated as part of the regular monthly update cycle. Data available as of Sept. 2026. The information was updated as part of the regular monthly update cycle.

MSCI ESG and climate ratings, research and data are produced by MSCI Solutions LLC, a subsidiary of MSCI Inc. MSCI Sustainability Indexes, Analytics, Real Assets, and Private Capital Solutions are products of MSCI Inc. that utilize information from MSCI Solutions LLC. MSCI Indexes are administered by MSCI Limited and MSCI Deutschland GmbH.

Consolidated environmental rating distribution

MSCI Japan Climate Change ESG Select CTB Index

MSCI ACWI IMI Index

MSCI Japan Climate Change ESG Select CTB Index	Score	Coverage
Environmental Pillar Score	5.8	100.0%
Aggregated Climate VaR %	-14.7%	--
Policy Risk Climate VaR %	-13.0%	100.0%
Technology Opportunities Climate VaR %	4.7%	93.8%
Physical Risk Climate VaR %	-11.1%	100.0%
Fossil Fuel-Based Sector Exposure (NACE) %	1.3%	100.0%
Enterprise Carbon Intensity (t CO2e/$M EVIC)	166.4	100.0%
Reported Emissions %	92.3%	--
Estimated Emissions %	7.7%	--
Wtd Avg Carbon Intensity (t CO2e/$M Sales)	448.2	100.0%
High Climate Impact Sector Exposure %	65.1%	100.0%
Fossil Fuel Reserves % (*)	0.0%	100.0%
Green Revenue	5.4	100.0%
Green Capex %	0.0%	14.6%
Green Bonds % (**)	--	--

MSCI ACWI IMI Index	Score	Coverage
Environmental Pillar Score	5.7	88.0%
Aggregated Climate VaR %	-16.4%	--
Policy Risk Climate VaR %	-13.5%	96.1%
Technology Opportunities Climate VaR %	1.3%	63.6%
Physical Risk Climate VaR %	-4.6%	96.3%
Fossil Fuel-Based Sector Exposure (NACE) %	7.0%	100.0%
Enterprise Carbon Intensity (t CO2e/$M EVIC)	320.1	97.2%
Reported Emissions %	90.6%	--
Estimated Emissions %	9.3%	--
Wtd Avg Carbon Intensity (t CO2e/$M Sales)	894.6	96.8%
High Climate Impact Sector Exposure %	63.2%	100.0%
Fossil Fuel Reserves % (*)	5.1%	99.1%
Green Revenue	9.6	99.5%
Green Capex %	0.4%	13.7%
Green Bonds % (**)	--	--

(*) Additional ESG factor not mentioned in the regulation but provided for transparency purposes.

(**) The universe of self-labelled green bonds is sourced from Refinitiv and Climate Bonds Initiative. Bonds included in the MSCI Fixed Income Indexes that are not identified as selflabelled green bonds based on data from Refinitiv and Climate Bonds Initiative are deemed non-compliant with the green bond criteria as defined by the MSCI ESG Research Green Bond Assessment methodology. Such bonds are counted towards the Coverage %.

MSCI Japan Climate Change ESG Select CTB Index	Score	Coverage
Social Pillar Score	5.4	100.0%
Controversial Weapons %	0.0%	100.0%
Tobacco Involvement - Highly Restrictive %	0.0%	--
Tobacco Involvement - Moderately Restrictive % (*)	0.0%	100.0%
Social Violations (Count)	0.0	100.0%
Social Violations (% of Constituents)	0.0%	100.0%
Lack of Due Diligence Policy (ILO) %	9.5%	100.0%
Gender Pay Gap	29.8	100.0%
Female:Male Board Diversity Ratio	36.4	100.0%
Total Recordable Injury Rate	1.7	96.5%
Bribery and Corruption Controversies (Sum)	4.0	100.0%

MSCI ACWI IMI Index	Score	Coverage
Social Pillar Score	4.9	88.0%
Controversial Weapons %	0.4%	99.9%
Tobacco Involvement - Highly Restrictive %	0.7%	--
Tobacco Involvement - Moderately Restrictive % (*)	0.6%	99.9%
Social Violations (Count)	11.0	99.8%
Social Violations (% of Constituents)	0.1%	99.8%
Lack of Due Diligence Policy (ILO) %	22.7%	96.9%
Gender Pay Gap	14.1	83.9%
Female:Male Board Diversity Ratio	55.1	96.4%
Total Recordable Injury Rate	4.0	69.1%
Bribery and Corruption Controversies (Sum)	106.0	99.8%

MSCI Japan Climate Change ESG Select CTB Index	Score	Coverage
Governance Pillar Score	6.7	100.0%
Board Independence	54.5	100.0%
Board Gender Diversity	25.9	100.0%

MSCI ACWI IMI Index	Score	Coverage
Governance Pillar Score	5.8	88.0%
Board Independence	78.7	97.7%
Board Gender Diversity	33.5	97.7%

Want to learn more about MSCI indexes?
Get in touch.

MSCI Japan Climate Change ESG Select CTB Index

Score

Coverage

ESG Score

7.8

100.0%

UN Global Compact Violations % (*)

0.0%

100.0%

Red Flag ESG Controversies % (*)

0.0%

100.0%

MSCI ACWI IMI Index

Score

Coverage

ESG Score

6.7

88.0%

UN Global Compact Violations % (*)

0.1%

99.8%

Red Flag ESG Controversies % (*)

0.1%

99.8%

MSCI Japan Climate Change ESG Select CTB Index

Score

Coverage

Environmental Pillar Score

5.8

100.0%

Aggregated Climate VaR %

-14.7%

Policy Risk Climate VaR %

-13.0%

100.0%

Technology Opportunities Climate VaR %

4.7%

93.8%

Physical Risk Climate VaR %

-11.1%

100.0%

Fossil Fuel-Based Sector Exposure (NACE) %

1.3%

100.0%

Enterprise Carbon Intensity (t CO2e/$M EVIC)

166.4

100.0%

Reported Emissions %

92.3%

Estimated Emissions %

7.7%

Wtd Avg Carbon Intensity (t CO2e/$M Sales)

448.2

100.0%

High Climate Impact Sector Exposure %

65.1%

100.0%

Fossil Fuel Reserves % (*)

0.0%

100.0%

Green Revenue

5.4

100.0%

Green Capex %

0.0%

14.6%

Green Bonds % (**)

MSCI ACWI IMI Index

Score

Coverage

Environmental Pillar Score

5.7

88.0%

Aggregated Climate VaR %

-16.4%

Policy Risk Climate VaR %

-13.5%

96.1%

Technology Opportunities Climate VaR %

1.3%

63.6%

Physical Risk Climate VaR %

-4.6%

96.3%

Fossil Fuel-Based Sector Exposure (NACE) %

7.0%

100.0%

Enterprise Carbon Intensity (t CO2e/$M EVIC)

320.1

97.2%

Reported Emissions %

90.6%

Estimated Emissions %

9.3%

Wtd Avg Carbon Intensity (t CO2e/$M Sales)

894.6

96.8%

High Climate Impact Sector Exposure %

63.2%

100.0%

Fossil Fuel Reserves % (*)

5.1%

99.1%

Green Revenue

9.6

99.5%

Green Capex %

0.4%

13.7%

Green Bonds % (**)

ADVANTEST CORP	5.39%
MITSUBISHI UFJ FIN GRP	4.76%
SONY GROUP CORP	4.67%
KEYENCE CORP	3.17%
KIOXIA HOLDINGS	3.14%
SOFTBANK GROUP CORP	3.08%
SUMITOMO MITSUI FINL GRP	2.98%
RECRUIT HOLDINGS CO	2.83%
FAST RETAILING CO	2.70%
MURATA MANUFACTURING CO	2.64%

		Annualized std dev (%)²			Sharpe ratio^2,3			Maximum drawdown
Index	Turnover(%)¹	3 YR	5 YR	10 YR	3 YR	5 YR	10 YR	%	Period YYYY-MM-DD
MSCI Japan Climate Change ESG Select CTB Index	24.61	15.16	16.15	14.48	0.97	0.29	0.46	34.89	2021-09-14 - 2022-10-21
MSCI ACWI IMI Index	2.62	12.22	15.06	14.97	1.28	0.53	0.67	58.59	2007-10-31 - 2009-03-09

Featured solutions bring together a variety of products to create approaches customized to your needs

MSCI Research Weekly

By topic

By asset class

MSCI SignalLab

Index categories

Index resources

Capture the U.S. equity market

By asset class

By theme

Global Corporate Issuer Report 2026

Who we are

News and events

Innovation

Grow with us

MSCI Japan Climate Change ESG Select CTB Index

Index risk and return characteristics

Top 10 constituents

Sector weights

Country weights

1 index-linked ETP

ESG metrics

Summary

MSCI Japan Climate Change ESG Select CTB Index

MSCI ACWI IMI Index

Consolidated environmental rating distribution

MSCI Japan Climate Change ESG Select CTB Index

MSCI ACWI IMI Index

Consolidated social rating distribution

MSCI Japan Climate Change ESG Select CTB Index

MSCI ACWI IMI Index

Consolidated governance rating distribution

MSCI Japan Climate Change ESG Select CTB Index

MSCI ACWI IMI Index

Want to learn more about MSCI indexes?Get in touch.

ESG metrics

Summary

MSCI Japan Climate Change ESG Select CTB Index

MSCI ACWI IMI Index

Consolidated environmental rating distribution

MSCI Japan Climate Change ESG Select CTB Index

MSCI ACWI IMI Index

Consolidated social rating distribution

MSCI Japan Climate Change ESG Select CTB Index

MSCI ACWI IMI Index

Consolidated governance rating distribution

MSCI Japan Climate Change ESG Select CTB Index

MSCI ACWI IMI Index

Index risk and return characteristics

Want to learn more about MSCI indexes?
Get in touch.