In light of recent questions about its compliance with ethical standards for controversial business practices, the title SAP SE (SAP GY) has been replaced with Terna – Rete Elettrica Nazionale (TRN IM) in the ESG Global Diversified basket.
Terna - Rete Elettrica Nazionale transmits electricity on Italy's high and extra-high voltage networks. Through its subsidiaries, the company holds a significant share of the national transmission grid and is involved in a number of projects that support the European objectives of decarbonization, energy independence and grid resilience.
Since the security change occurred prior to campaign’s initial date, only the TRM IM return will be considered.
