The impact metrics measure each portfolio’s exposure to key impact metrics in comparison to its benchmark. These impact metrics are based significantly on data self-reported by companies or estimated by data vendors based on their proprietary methodologies. Due to limitations in uniform reporting standards and inconsistent participation by companies, impact data coverage will vary, in some cases significantly.
For Carbon Emissions, Fossil Fuel Reserves, Tobacco Exposure, and Toxic Emissions impact metrics, data is sourced from MSCI. Landfill Waste and Water Usage data is sourced from TruCost. All calculations are applied to holdings information as of most recent quarter-end.
For Carbon Emissions, Landfill Waste, and Water Usage, portfolio level metrics are calculated with an assumed $1 million invested in the strategy to normalize volume of emissions between Calvert strategies and their respective benchmarks.
CARBON EMISSIONS (Source: MSCI): Carbon Emissions are the total volume of greenhouse gas emissions emitted in metric tons per financial unit invested. For each company, carbon emissions are calculated using the company’s most recently reported or estimated total Scope 1 and Scope 2 emissions from the last three years. Scope 1 emissions are those from sources controlled or owned by the company. Scope 2 emissions are those caused by the generation of electricity purchased by the company.
FOSSIL FUEL RESERVES (Source: MSCI): Exposure to Fossil Fuel Reserves reflects the total weight of the strategy companies that have ownership of fossil fuel reserves, regardless of their industries, including companies that own less than 50% of a reserves field. Fossil reserves are defined as proved and probable reserves for coal and proved reserves for oil and natural gas. Evidence of owning reserves includes companies providing the exact volume of reserves, and companies making a statement about their ownership of reserves.
LANDFILL WASTE (Source: TruCost): Landfill Waste is the total volume of waste generated in tons per financial unit invested. For each company, landfill waste is measured by the volume of waste that is generated by the company and is disposed in landfills.
TOBACCO (Source: MSCI): Exposure to Tobacco is calculated by the weighted average of assets under management and the recent-year reported or estimated company revenues from the manufacture of tobacco products.
TOXIC EMISSIONS (Source: MSCI): Exposure to Toxic Emissions represents the total volume of combined emissions from nitrogen oxides (NOx), sulfur oxides (SOx), and Volatile Organic Compounds (VOC) produced by companies. For each company, toxic emissions are calculated by the combined company-reported NOx, SOx, and VOC emissions.
WATER USAGE (Source: Trucost): Water Usage is the total volume of water consumed and purchased in cubic meters per financial unit invested. For each company, water usage is measured by the total volume of water directly abstracted and the volume of water purchased from utility companies.
ENGAGEMENT (Source: Calvert and Institutional Shareholder Services (ISS)): Derived from quarterly NPX filings (SEC-recorded proxy votes), 01/01/2017-12/31/2017. Engagement reflects the percentage of votes that are in favor of a proposed resolution on the subject of "Climate Change" and "Gender Pay Equality" as categorized by ISS. Votes of the following Calvert Funds are represented: US Large-Cap Core Responsible Index Fund, Calvert US Large-Cap Growth Responsible Index Fund, Calvert US Mid-Cap Core Responsible Index Fund, Calvert International Responsible Index Fund and Calvert US Large Cap Value Responsible Index Fund.
Portfolio and Index Coverage (as of 3/31/2023)
To evaluate the coverage level in both the portfolio and the index, a coverage % is provided, where applicable. Coverage indicates how much of the portfolio or index is represented by that metric. For example, coverage of 83% means that the impact metric represents approximately 83% of the portfolio or index’s holdings.
*The fund typically invests between 50-75% of its net assets in equity securities. Due to ESG data limitations still relevant to many fixed-income securities, the impact metrics and coverage data are based only on the equity holdings of the portfolio.
We apologize for the inconvenience but we are experiencing a technical issue.
We are working on a solution. Please try again later.
If you require further assistance, please call:800-368-2745.
You have already upgraded your account.
Please login using the link at the top of the page.
You have successfully un-subscribed from .
Thank you. All available selections have already been completed.
Manage your subscriptions
We have sent a verification email to . Please check your e-mail and click on the secured link to verify your account and complete the registration process.
Trouble receiving the verification email? Call 800-368-2745.
We are pleased to grant you access to this Calvert website.
Please click here to be logged in with your username .
You have requested a change to your password. In order to process this request, a verification email has been sent to . When you receive this email, please click the link contained within the email to start the password reset process.
Trouble signing in? Call 800-368-2745.
Your account has limited access.
If you need further assistance, please call 800-368-2745.
Your account has been updated to use your new email address .
We have sent a verification email to with a verification link to confirm the change.
Your account has not yet been activated. We have sent a verification email to . If you'd like us to resend this, please click the Resend Email button below.
An e-mail verification has been re-sent to . Please check your e-mail and follow the instructions to complete the registration process.
An email has been sent to the email address containing a link to verify your credentials. Please check your e-mail and click on the secured link to complete your request.
For security purposes we could not complete your request. Please click here to receive a new link to access the requested content.
A new email has been sent to the email address containing a link to re-verify your credentials. Please check your e-mail and click on the secured link to complete your request.
You have been granted access to the requested content.
Click here to remain recognized on this device for future visits to calvert.com
Click here if you are using a Public Computer or Shared Device.
Forgot your password?
If you need further assistance, please contact a representative of Calvert at 800-368-2745.
If you are an individual investor and have an account with Calvert, sign into your account here.
Please check the Fund Literature that you would like to subscribe to. Your subscriptions can be managed on your profile page.
If your download did not start automatically, please click here.
Sign up now for EV alerts for
Subscribe to new content: Register Already have an account? Sign In.
We have sent a verification email to . Please check your e-mail and click on the secured link to verify your subscription.
Subscribe to new content: Register
Want to manage your subscriptions? Sign In.
You have successfully subscribed to .
We have sent a verification email to . Please check your e-mail and click on the secured link to verify your request.
You have selected to receive email notifications for:
You are currently "Opted Out" of all Calvert email communications. If you would like to be alerted of updates to your new subscription, please Opt In:
Already have an account? Sign In.
Trouble registering? Call 800-368-2745.
Already have an account? Access.
You are already subscribed to
Manage your subscriptions
NAV as of