INDEX SCREEN DEFINITIONS FOR THE iSHARES MSCI KLD 400 SOCIAL ETF

Many of our iShares sustainable ETFs seek to track an index with business involvement screens. Business involvement screens seek to remove exposure to controversial business activities that may pose risks or violate an investor’s preferences. Learn more about the specific screens below.

 

SCREEN DEFINITION
Adult entertainment All companies classified as a “Producer” that earn more than 5% in revenue, or more than $500 million in revenue, from adult entertainment materials.
Alcohol All companies classified as a “Producer” that earn either 5% or more revenue or more than $500 million in revenue from alcohol-related products.
Civilian firearms All companies classified as “Producer”. All companies classified as a “Retailer” that earn 5% or more in revenue, or more than $20 million in revenue, from civilian firearms-related products.
Controversial weapons All companies with any tie to Controversial Weapons (cluster munitions, landmines, depleted uranium weapons, biological/chemical weapons, blinding lasers, non-detectable fragments and incendiary weapons), as defined by the methodology of the MSCI Ex-Controversial Weapons Indexes.
Conventional weapons All companies that earn 5% or more revenues or more than $500 million in revenue from manufacturing of Conventional Weapons and components, and weapons support systems and services.
Gambling All companies classified as involved in “Operations” and “Support” that earn 5% or more in revenue, or more than $500 million in revenue, from gambling-related products.
Genetically modified organisms (GMOs) All companies that derive any revenue from activities like genetically modifying plants, such as seeds and crops, and other organisms intended for agricultural use or human consumption. Companies that are only involved in GMO Research & Development activities are not excluded.

Nuclear power
All companies classified as a nuclear “Utility”, involved in Uranium Mining, designing nuclear reactors, enrichment of fuel for nuclear reactors, all companies classified as a “Supplier” to the nuclear power industry that earn 15% or more in revenue from nuclear-power related products, companies with 6000 MW or more of installed capacity attributed to nuclear sources or with 50% or more of installed capacity attributed to nuclear sources.
Nuclear weapons All companies classified as involved in manufacturing of “Nuclear Weapons”, or “Nuclear Weapons Components”.
Tobacco All companies classified as "Producer". All companies classified as "Distributor", “Retailer”, and “Supplier” that earn 15% or more in revenue from tobacco-related products.

Please refer to the index methodology for more information