The MSCI Global SRI Indexes are benchmarks for investors seeking exposure to companies with outstanding sustainability profiles and avoiding exposure to companies that produce goods and services considered to have highly negative social or environmental impacts.

The MSCI Global SRI Indexes include companies with very high ESG ratings relative to their sector peers and exclude companies involved in alcohol, tobacco, gambling, civilian firearms, military weapons, nuclear power, adult entertainment and genetically modified organisms (GMOs). The indexes target companies with the highest ESG ratings making up 25% of the adjusted market capitalization in each sector of the underlying index.

The selection universe for the MSCI Global SRI Indexes is defined by the constituents of the MSCI Global Sustainability Indexes. The Indexes are reconstituted annually at the May Semi-Annual Index Review and rebalanced at February and August Quarterly Index Reviews and the November Semi-Annual Index Review.

  • The MSCI ACWI SRI Index provides exposure to companies with very high ESG ratings relative to their sector peers and excludes companies inconsistent with certain values-based exclusions. It consists of large and mid-cap companies across 23 Developed Markets (DM) and 21 Emerging Markets (EM) countries.
  • The MSCI World SRI Index provides exposure to companies with very high ESG ratings relative to their sector peers and excludes companies inconsistent with certain values-based exclusions. It consists of large and mid-cap DM companies.
  • The MSCI EM SRI Index provides exposure to companies with very high ESG ratings relative to their sector peers and excludes companies inconsistent with certain values-based exclusions. It consists of large and mid-cap EM companies.
  • The MSCI EM SRI 5% Issuer Capped Index is a capped version of the MSCI Emerging Markets SRI Index and limits excessive company concentration by constraining the maximum exposure to a company to 5% at each Index Review.

The MSCI KLD 400 Social Index includes 400 US companies with very high ESG ratings relative to the constituents in the MSCI USA Investable Market Index (IMI), while maintaining sector weights similar to the MSCI USA Index. Consistent with the MSCI Global SRI Indexes, the Index excludes companies involved in alcohol, tobacco, gambling, civilian firearms, military weapons, nuclear power, adult entertainment and GMOs. It was launched in May 1990, making it one of the first SRI indexes.

The selection universe for the MSCI KLD 400 Social Index is defined by the constituents of the MSCI USA IMI ESG Index, which includes large, mid and small cap US companies with high ESG ratings relative to their sector peers making up 50% of the adjusted market capitalization in each sector of the underlying index. The MSCI KLD 400 Social Index is set to 400 companies at each quarterly MSCI Index Review (February, May, August and November).