Description

The MSCI PACIFIC ex JAPAN SELECT SCREENED index aims to replicate the market performance of large and mid-capitalization companies within developed Pacific nations, excluding Japan. Stringent environmental, social, and governance (ESG) screening criteria are applied, resulting in the exclusion of securities issued by entities associated with controversial weapons, those assigned an MSCI ESG Rating of 'CCC' or being unrated. Companies generating specific revenues from tobacco, conventional weapons, nuclear weapons, civilian firearms, thermal coal, unconventional and/or arctic oil and gas extraction, or palm oil are also removed. Furthermore, any issuer with an MSCI Controversies Score of 0 is excluded. A key feature of this index is its lower greenhouse gas intensity when compared to its underlying parent index. The index constituents are re-evaluated and updated every quarter. Comprehensive information regarding the index's structure, selection methodology, and weighting approach can be found on the MSCI website.