How we evaluate products
Responsible Investment strategies, processes, practices and disclosures are assessed against the eight criteria for product certification in the Responsible Investment Standard and accompanying Guidance and Assessment Notes.
What this symbol means
General certification: This Symbol signifies that a product or service offers an investment style that takes into account environmental, social, governance or ethical considerations, and that it adheres to the operational and disclosure practices required under the Responsible Investment Certification Program for the category of Product.
The content on this webpage is provided by Responsible Investment Association Australasia Ltd (ACN 641 046 666, AFSL 554110). For more information refer to our Financial Services Guide. Certain content provided may constitute a summary or extract from the offer document of a financial product. Any general advice has been provided without reference to your investment objectives, financial situation or needs. If the advice relates to the acquisition of a particular financial product for which an offer document (such as a product disclosure document) is available, you should obtain the offer document relating to the particular financial product and consider it before making any decision whether to acquire the product. Past performance does not necessarily indicate a financial products’ future performance. To obtain information tailored to your situation, contact a financial adviser.
Themes & Issues
Society
High scoring ESG companies
Included
Nuclear power
Mostly avoided
Armaments
Partially avoided
Fossil fuels
Partially avoided
Gambling
Partially avoided
Pornography
Partially avoided
Tobacco
Partially avoided
Alcohol
Partially avoided
Environment
High scoring ESG companies
Included
Nuclear power
Mostly avoided
Armaments
Partially avoided
Fossil fuels
Partially avoided
Gambling
Partially avoided
Pornography
Partially avoided
Tobacco
Partially avoided
Alcohol
Partially avoided
For RIAA’s definitions of the themes included and issues avoided, please view this guide . Product-specific exclusion criteria and practices may vary. You can find these by referring directly to the product provider.
Overview
https://www.blackrock.com/au/individual/products/283117/ishares-core-msci-world-ex-australia-esg-etf
Description
The Index (MSCI World ex Australia Custom ESG Leaders Index ) is a free float-adjusted market capitalisation weighted index that aims to reflect the performance characteristics of a subset of equity securities within the MSCI World Ex Australia Index (with the exception of securitiesclassified under select Global Industry Classification (GICS®) sub-industries) that have high Environmental, Social and Governance (“ESG”) ratings relative to their sector peers. The Parent Index captures large and mid cap representation across Developed Markets countries (excluding Australia). The Index tracked by IWLD aims to target sector weights that reflect the relative sector weights of the Parent Index to limit the systematic risk introduced by the ESG selection process. Overall, the Index targets coverage of 50% of the Parent Index.
Eligibility for index inclusion is determined based on the following criteria:
► ESG Ratings: The Index uses MSCI ESG Ratings to identify companies that have demonstrated an ability to manage their ESG risks and opportunities. Companies are required to have an MSCI ESG Rating of ‘BB’ or above to be eligible for inclusion in the Index. ► ESG Controversies Score: The Index uses MSCI ESG Controversies Scores to identify companies that are involved in very serious controversies involving the environmental, social, or governance impact of their operations and/or products and services. Companies are required to have an MSCI ESG Controversies Score of 3 or above to be eligible for inclusion in the Index. ► Controversial Business Involvement: In addition to meeting the ESG Rating and Controversy Score requirements, business involvement screens are applied to identify companies that are involved in controversial business activities. Certain companies engaged in thefollowing activities are screened from the index depending on their typeof involvement in the industry (e.g. producer or distributor) andwhether they meet applicable revenue threshold.
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Themes & Issues
1
themes included
0
issues fully avoided
1
issues mostly avoided
6
issues partially avoided
Product Targets
Wholesale
Retail
Institutional
Certified Since
Last date certified
March 5, 2025
Primary RI Strategy
Exchange Traded Fund (ETF)
Secondary RI Strategy
Best in class screening