Description

This index aims to replicate the performance of large and mid-sized industrial companies situated in developed European economies. All constituents are precisely categorized within the Industrials sector, as defined by the Global Industry Classification Standard (GICS). The weighting methodology is based on free-float adjusted market capitalization, adhering to the MSCI Capped Indexes framework. This design caps the largest corporate entity at 35% and all other related entities at 20%, with a 10% buffer applied during scheduled rebalancings and any necessary monthly ad-hoc adjustments. A rigorous environmental, social, and governance (ESG) screening process is integral to the index. It excludes companies involved in controversial weapons, those possessing an MSCI ESG Rating of 'CCC' or being unrated, or entities generating specific revenues from tobacco, conventional or nuclear weapons, civilian firearms, thermal coal, unconventional or arctic oil and gas extraction, and palm oil. Additionally, any issuer with an MSCI Controversies Score of 0 is ineligible. A further objective of the index is to achieve a lower greenhouse gas intensity relative to its parent index. For comprehensive information on the index, including selection criteria and weighting methodology, please refer to the MSCI website.