S&P Dow Jones and MSCI Indices Announce Consultation on Potential Changes to Global Industry Classification Standard (GICS®)
NEW YORK, October 18, 2021 / PRNewswire / – S&P Dow Jones Indices (S&P DJI), a leading provider of financial market indices, and MSCI Inc. (MSCI), a leading provider of indices and analysis based on the research decided to consult with members of the investment community. on the potential changes to the structure of the GICS in 2022.
The review aims to ensure that the structure of the GICS reflects today’s markets and continues to be an accurate and comprehensive framework of the industry.
The consultation starts on October 18, 2021 and end on 20 December 2021. Any modification of the structure of the GICS will be announced by February 2022. This consultation may or may not lead to changes in the structure of the GICS.
The main highlights of this consultation are potential changes to the classification of renewable energy companies and retailers under GICS. In addition, the consultation covers potential changes to data processing and outsourced services, banking and savings and mortgage finance, REITs, transportation and an updated GICS definition for cannabis.
You will find all the details of these proposals in the Consultation on potential changes to the structure of the Global Industrial Classification Standard (GICS®) in 2022 document available on the S&P DJI and MSCI websites at www.spglobal.com/spdji/en/governance/consultations/ and www.msci.com/index-consultations, respectively.
There are two options to participate in this year’s consultation:
- Click on the links below to participate in the online survey
• S&P DJI: https://www.spglobal.com/spdji/en/governance/consultations/mr47787/
• MSCI: https://www.msci.com/consultation-gics
- Contact one of the following email addresses with your comments
MSCI: [email protected]
• S&P Dow Jones Indices: [email protected]
• Contact the account manager or representative of MSCI or S&P Dow Jones Indices
About the S&P Dow Jones Indices
S&P Dow Jones Indices is the world’s largest resource for essential index-based concepts, data and research, and is home to iconic financial market indicators, such as the S&P 500® and the Dow Jones Industrial Average®. More assets are invested in products based on our indices than in products based on indices from any other provider in the world. Since Charles Dow Invented the first index in 1884, S&P DJI innovated and developed indices across the spectrum of asset classes, helping to define how investors measure and trade the markets.
S&P Dow Jones Indices is a division of S&P Global (NYSE: SPGI), which provides essential information to individuals, businesses and governments to make confident decisions. For more information visit www.spdji.com.
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MSCI is a leading provider of decision support tools and services to the global investment community. With over 50 years of research, data and technology expertise, we make better investment decisions by empowering clients to understand and analyze key risk and reward drivers and create with confidence more efficient portfolios. We create cutting-edge, research-powered solutions that clients use to better understand and improve transparency throughout the investment process. For more information, please visit www.msci.com.
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Information containing historical information, data or analysis should not be taken as an indication or guarantee of future performance, analyzes, forecasts or predictions. Past performance is no guarantee of future results.
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The Global Industry Classification Standard (GICS) was developed by and is the exclusive property of MSCI and S&P. “Global Industry Classification Standard (GICS)” is a service mark of MSCI and S&P.
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