Description

The MSCI JAPAN SELECT SCREENED index endeavors to mirror the performance of major and mid-capitalization Japanese companies. It incorporates strict environmental, social, and governance (ESG) criteria, leading to the exclusion of entities associated with controversial weapons, those assigned an MSCI ESG Rating of 'CCC' or which are unrated, and firms that derive a specified level of revenue from tobacco, conventional weapons, nuclear weapons, civilian firearms, thermal coal, unconventional or arctic oil and gas extraction, or palm oil. Additionally, any issuer with an MSCI Controversies Score of 0 is also screened out. A notable feature of this index is its commitment to lower greenhouse gas intensity compared to its overarching parent index. The constituents of the index are reviewed on a quarterly basis. For comprehensive details on the index, its selection process, and weighting methodology, please refer to the MSCI website: https://www.msci.com.