The Global Equity Reduced Water Risk Index is an equity benchmark index which measures the performance of large capitalisation shares from the Developed Markets, weighted by their exposure to Water Risk, as quantified by a proprietary methodology sponsored by Thomas Schumann Capital (TSC) and designed by Anatase Ltd. The index aims to provide high correlation and similar risk exposures to the broad equity market while reducing Water Risk and incorporating screens for ESG controversy, compliance with the UNGC Principles and certain prohibited business activities.