The HSBC Europe Ex UK Screened Equity UCITS ETF EUR (Dist) seeks to track the FTSE Developed Europe ex UK ESG Low Carbon Select index. The FTSE Developed Europe ex UK ESG Low Carbon Select index tracks large and mid cap securities from Europe (excluding UK). The index aims to reduce carbon emissions and fossil fuel consumption by 50 percent each and to improve the ESG (environmental, social and governance) rating by 20 percent, compared to its parent index (FTSE Developed Europe index). Excluded sectors and companies: weapons, thermal coal, tobacco, nuclear power, non-compliance with UN Global Compact.