GICS

AM Best Adds MSCI ESG Scores to Best’s Underwriting Reports and Best’s Loss Control Reports

Retrieved on: 
Friday, April 5, 2024

AM Best has enhanced Best’s Underwriting Reports and Best’s Loss Control Reports with environmental, social and governance (ESG) scores sourced from MSCI, which identifies the ESG key issues that are most material to an industry.

Key Points: 
  • AM Best has enhanced Best’s Underwriting Reports and Best’s Loss Control Reports with environmental, social and governance (ESG) scores sourced from MSCI, which identifies the ESG key issues that are most material to an industry.
  • These scores indicate associated aggregate risk based on the interaction of key ESG issues affecting the core business activities within the report’s industry.
  • MSCI ESG Scores include an:
    ESG Description, which shows the Global Industry Classification Standard (GICS) classification.
  • For more information about Best’s Underwriting Reports and Best’s Loss Control Reports, please visit our information page .

Manulife Named to 2024 Corporate Knights Global 100

Retrieved on: 
Wednesday, January 17, 2024

Ranking fourth within the Insurance industry, Manulife recognized for performance in sustainable revenues and investments

Key Points: 
  • Ranking fourth within the Insurance industry, Manulife recognized for performance in sustainable revenues and investments
    DAVOS, Switzerland, Jan. 17, 2024 /PRNewswire/ - Manulife (TSX: MFC) has been named to the 2024 Corporate Knights Global 100 rankings as one of the world's most sustainable companies.
  • Manulife's performance in the Global 100 assessment was driven largely through revenues earned from sustainable sources.
  • Corporate Knights also recognized Manulife's strong long-term focus on diversity at the Board and executive management levels, and in connecting sustainability to compensation and performance.
  • In addition to being named to this year's Global 100, Manulife has also been recognized by Corporate Knights as one of Canada's Top 50 Companies for the last three years.

Manulife Named to 2024 Corporate Knights Global 100

Retrieved on: 
Wednesday, January 17, 2024

DAVOS, Switzerland, Jan. 17, 2024 /PRNewswire/ -- Manulife (TSX: MFC) has been named to the 2024 Corporate Knights Global 100 rankings as one of the world's most sustainable companies. Now in its 20th year, the Global 100 quantitatively compares and ranks how the world's largest publicly traded companies embrace sustainability as part of its strategy, equally emphasizing the impact of a company's operations along with its core products and services on people and the planet. The ranking is based on a rigorous assessment of 6,720 companies with more than US$1 billion in annual gross revenues.  

Key Points: 
  • Ranking fourth within the Insurance industry, Manulife recognized for performance in sustainable revenues and investments
    DAVOS, Switzerland, Jan. 17, 2024 /PRNewswire/ -- Manulife (TSX: MFC) has been named to the 2024 Corporate Knights Global 100 rankings as one of the world's most sustainable companies.
  • Manulife's performance in the Global 100 assessment was driven largely through revenues earned from sustainable sources.
  • Corporate Knights also recognized Manulife's strong long-term focus on diversity at the Board and executive management levels, and in connecting sustainability to compensation and performance.
  • In addition to being named to this year's Global 100, Manulife has also been recognized by Corporate Knights as one of Canada's Top 50 Companies for the last three years.

S&P Dow Jones and MSCI Change Parsons’ GICS Code to Research and Consulting Services

Retrieved on: 
Monday, December 4, 2023

CHANTILLY, Va., Dec. 04, 2023 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that S&P Dow Jones Indices (a division of S&P Global) and MSCI recently changed the company’s Global Industry Classifications Standard (GICS®) Code to Research and Consulting Services acknowledging the company’s status as a leading professional services provider.

Key Points: 
  • CHANTILLY, Va., Dec. 04, 2023 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that S&P Dow Jones Indices (a division of S&P Global) and MSCI recently changed the company’s Global Industry Classifications Standard (GICS®) Code to Research and Consulting Services acknowledging the company’s status as a leading professional services provider.
  • This change is an important step in Parsons’ commitment to environmental, social, and governance (ESG), enabling the company to maintain the highest standards of performance, accuracy, and transparency while achieving its climate goals.
  • ESG is central to the company’s business and culture, underpinning Parsons’ core values, mission, and operations.
  • These two global index providers developed GICS in response to the global financial community’s necessity for a single comprehensive set of global sector and industry definitions.

Worthington Steel Set to Join S&P SmallCap 600

Retrieved on: 
Tuesday, November 28, 2023

NEW YORK, Nov. 28, 2023 /PRNewswire/ -- Worthington Steel Inc. (NYSE: WS) will be added to the S&P SmallCap 600 effective prior to the open of trading on Friday, December 1, replacing Sleep Number Corp. (NASD: SNBR) which will be removed from the S&P SmallCap 600 effective before the open of trading on Monday, December 4.

Key Points: 
  • NEW YORK, Nov. 28, 2023 /PRNewswire/ -- Worthington Steel Inc. (NYSE: WS) will be added to the S&P SmallCap 600 effective prior to the open of trading on Friday, December 1, replacing Sleep Number Corp. (NASD: SNBR) which will be removed from the S&P SmallCap 600 effective before the open of trading on Monday, December 4.
  • S&P SmallCap 600 constituent Worthington Industries Inc. (NYSE: WOR) is spinning off Worthington Steel in a transaction expected to be completed on December 1.
  • Post spin-off, the parent Worthington Industries will remain in the S&P SmallCap 600 and will change its name to Worthington Enterprises Inc.
  • Sleep Number is no longer representative of the small-cap market space.

MSCI Equity Indexes August 2023 Index Review

Retrieved on: 
Thursday, August 10, 2023

MSCI Inc. (NYSE:MSCI), a leading provider of critical decision support tools and services for the global investment community, announced the results of the August 2023 Index Review for the MSCI Equity Indexes - including the MSCI Global Standard, MSCI Global Small Cap and MSCI Micro Cap Indexes, the MSCI Frontier Markets, and MSCI Frontier Markets Small Cap Indexes, the MSCI Global Islamic and MSCI Global Islamic Small Cap Indexes, the MSCI US Equity Indexes, the MSCI US REIT Index, the MSCI China A Onshore indexes and the MSCI China All Shares Indexes.

Key Points: 
  • MSCI Inc. (NYSE:MSCI), a leading provider of critical decision support tools and services for the global investment community, announced the results of the August 2023 Index Review for the MSCI Equity Indexes - including the MSCI Global Standard, MSCI Global Small Cap and MSCI Micro Cap Indexes, the MSCI Frontier Markets, and MSCI Frontier Markets Small Cap Indexes, the MSCI Global Islamic and MSCI Global Islamic Small Cap Indexes, the MSCI US Equity Indexes, the MSCI US REIT Index, the MSCI China A Onshore indexes and the MSCI China All Shares Indexes.
  • MSCI US Equity Indexes: There will be no securities added to and no securities deleted from the MSCI US Large Cap 300 Index.
  • Accordingly, constituents in MSCI equity indexes may include MSCI Inc., clients of MSCI or suppliers to MSCI.
  • MSCI ESG and climate ratings, research and data are produced by MSCI ESG Research LLC, a subsidiary of MSCI Inc. MSCI ESG Indexes, Analytics and Real Estate are products of MSCI Inc. that utilize information from MSCI ESG Research LLC.

Manulife Named One of Canada's Best 50 Corporate Citizens

Retrieved on: 
Wednesday, June 28, 2023

TORONTO , June 28, 2023 /CNW/ - Manulife (TSX: MFC) was selected as one of Corporate Knights' Best 50 Corporate Citizens in Canada for the third consecutive year, as the firm continues its commitments outlined in its Impact Agenda to empower sustained health and well-being, drive inclusive economic opportunities, and accelerate a sustainable future.

Key Points: 
  • TORONTO , June 28, 2023 /CNW/ - Manulife (TSX: MFC) was selected as one of Corporate Knights' Best 50 Corporate Citizens in Canada for the third consecutive year, as the firm continues its commitments outlined in its Impact Agenda to empower sustained health and well-being, drive inclusive economic opportunities, and accelerate a sustainable future.
  • Corporate Knights' ranking of the world's best 50 Canadian corporate citizens is based on a rigorous assessment of all publicly traded, privately owned, and Crown corporations in Canada with more than $1 billion in gross annual revenue across 25 key performance indicators such as resource management, employee management, financial management, clean revenue and clean investment, and supplier performance.
  • For 2023, Manulife ranked within approximately the top 2 percent of its Financials and Insurance Global Industry Classification Standard (GICS) sector and industry peer groups, respectively.
  • Visit Manulife.com/sustainability to learn more about the firm's Impact Agenda and to read its 2022 Environmental, Social, and Governance (ESG) Report.

Results of the MSCI 2023 Global Market Accessibility Review

Retrieved on: 
Thursday, June 8, 2023

MSCI Inc. (NYSE: MSCI), a leading provider of critical decision support tools and services for the global investment community, announced today the results of the MSCI 2023 Global Market Accessibility Review.

Key Points: 
  • MSCI Inc. (NYSE: MSCI), a leading provider of critical decision support tools and services for the global investment community, announced today the results of the MSCI 2023 Global Market Accessibility Review.
  • Consistent with prior years, the MSCI 2023 Global Market Accessibility Review provides a detailed assessment of market accessibility for each equity market included in the MSCI Indexes.
  • MSCI uses 18 distinct accessibility measures for the assessment of these five criteria, described in detail in the MSCI 2023 Global Market Accessibility Review report.
  • The results of the MSCI 2023 Annual Market Classification Review will be announced on June 22, 2023.

MSCI Equity Indexes May 2023 Index Review

Retrieved on: 
Thursday, May 11, 2023

MSCI Inc. (NYSE:MSCI), a leading provider of critical decision support tools and services for the global investment community, announced the results of the May 2023 Index Review for the MSCI Equity Indexes - including the MSCI Global Standard, MSCI Global Small Cap and MSCI Micro Cap Indexes, the MSCI Global Value and Growth Indexes, the MSCI Frontier Markets, and MSCI Frontier Markets Small Cap Indexes, the MSCI Global Islamic and MSCI Global Islamic Small Cap Indexes, the MSCI US Equity Indexes, the MSCI US REIT Index, the MSCI China A Onshore indexes and the MSCI China All Shares Indexes.

Key Points: 
  • MSCI Inc. (NYSE:MSCI), a leading provider of critical decision support tools and services for the global investment community, announced the results of the May 2023 Index Review for the MSCI Equity Indexes - including the MSCI Global Standard, MSCI Global Small Cap and MSCI Micro Cap Indexes, the MSCI Global Value and Growth Indexes, the MSCI Frontier Markets, and MSCI Frontier Markets Small Cap Indexes, the MSCI Global Islamic and MSCI Global Islamic Small Cap Indexes, the MSCI US Equity Indexes, the MSCI US REIT Index, the MSCI China A Onshore indexes and the MSCI China All Shares Indexes.
  • In light of currently observed market accessibility issues, MSCI will not implement changes as part of this Index Review for any securities classified in Bangladesh, Egypt, Kenya, Nigeria, or Sri Lanka for the MSCI Bangladesh, MSCI Egypt, MSCI Kenya, MSCI Nigeria, and MSCI Sri Lanka Indexes or impacted composite indexes.
  • MSCI US Equity Indexes: There will be eight securities added to and four securities deleted from the MSCI US Large Cap 300 Index.
  • Accordingly, constituents in MSCI equity indexes may include MSCI Inc., clients of MSCI or suppliers to MSCI.

MSCI May Index Review Announcement Scheduled for May 11, 2023

Retrieved on: 
Thursday, May 4, 2023

MSCI Inc. (NYSE:MSCI), a leading provider of critical decision support tools and services for the global investment community, will announce the results of the May 2023 Index Review for the MSCI Equity Indexes - including the MSCI Global Standard, MSCI Global Small Cap and MSCI Micro Cap Indexes, the MSCI Global Value and Growth Indexes, the MSCI Frontier Markets, and MSCI Frontier Markets Small Cap Indexes, the MSCI Global Islamic and MSCI Global Islamic Small Cap Indexes, the MSCI Pan-Euro and MSCI Euro Indexes, the MSCI US Equity Indexes, the MSCI US REIT Index, the MSCI China A Onshore indexes and the MSCI China All Shares Indexes.

Key Points: 
  • MSCI Inc. (NYSE:MSCI), a leading provider of critical decision support tools and services for the global investment community, will announce the results of the May 2023 Index Review for the MSCI Equity Indexes - including the MSCI Global Standard, MSCI Global Small Cap and MSCI Micro Cap Indexes, the MSCI Global Value and Growth Indexes, the MSCI Frontier Markets, and MSCI Frontier Markets Small Cap Indexes, the MSCI Global Islamic and MSCI Global Islamic Small Cap Indexes, the MSCI Pan-Euro and MSCI Euro Indexes, the MSCI US Equity Indexes, the MSCI US REIT Index, the MSCI China A Onshore indexes and the MSCI China All Shares Indexes.
  • Clients can access the subscriber section of each index at: www.msci.com/index-review-subscribers
    For the MSCI US Equity Indexes and the MSCI US REIT Index, a summary of the announcement will be made available at www.msci.com .
  • Accordingly, constituents in MSCI equity indexes may include MSCI Inc., clients of MSCI or suppliers to MSCI.
  • MSCI ESG and climate ratings, research and data are produced by MSCI ESG Research LLC, a subsidiary of MSCI Inc. MSCI ESG Indexes, Analytics and Real Estate are products of MSCI Inc. that utilize information from MSCI ESG Research LLC.