INDEX SCREEN DEFINITIONS FOR iSHARES MSCI USA ESG SELECT 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
Alcohol All companies classified as a “Producer” that earn either 50% or more revenue or more than $1 billion 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 manufacture conventional weapons components or conventional weapons and weapons systems and earn 50% or more in revenue, or $3 billion or more in revenue from these activities.
Gambling All companies classified as involved in “Operations” and “Support” that earn 50% or more in revenue, or more than $1 billion in revenue, from gambling-related products.

Nuclear power		 All companies involved in nuclear fuel enrichment for nuclear power generation. All companies involved in uranium mining for nuclear power generation. All companies involved in nuclear reactor design or construction for nuclear power generation. All 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 involved in manufacturing of nuclear weapon components or nuclear weapon systems.
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”, or “Supplier” that earn 15% or more of revenues from tobacco products.

Please refer to the index methodology for more information