INDEX SCREEN DEFINITIONS FOR THE ESG AWARE SUITE

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
Civilian firearms All companies classified as “Producer”. All companies classified as “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.
Oil sands All companies deriving 5% or more revenue from oil sands extraction, which own oil sands reserves and disclose evidence of deriving revenue from oil sands extraction. Companies that derive revenue from non-extraction activities (e.g. exploration, surveying, processing, refining) or intra-company sales are not excluded. Additionally, companies that own oil sands reserves with no associated revenue are also not excluded.
Thermal coal All companies deriving 5% or more revenue (either reported or estimated) from the mining of thermal coal (including lignite, bituminous, anthracite and steam coal) and its sale to external parties. It excludes: revenue from metallurgical coal; coal mined for internal power generation (e.g. in the case of vertically integrated power producers); intra-company sales of mined thermal coal; and revenue from coal trading. All companies deriving 5% or more revenue (either reported or estimated) from the thermal coal based power generation.
Tobacco All companies classified as “Producer” or “Licensor." All companies classified as “Ownership by a Tobacco Company” or “Ownership of a Tobacco Company". All companies classified as “Distributor”, “Retailer”, and “Supplier” that earn 15% or more in revenue from tobacco-related products.

Please refer to the ESG Aware Equity index methodology for more information

Please refer to the ESG Aware Allocation index methodology for more information

For ESG Aware Fixed Income, please refer to the respective index methodology document for more information.