How often does ESG scoring change?
The MSCI World Selection Index – which our Old Mutual MSCI World Selection Index Fund tracks – is reviewed quarterly, so ESG scoring tends to change based on this process. However, if a company’s ESG score drops significantly due to a certain event or its controversy score falls below a certain threshold, they will be removed from the Index immediately.
For our Royal London Emerging Markets Equity Tilt Fund – which tracks the MSCI Emerging Markets ex China A GBP Net Return Index – companies are also reviewed quarterly and the index is updated according to the latest ESG ratings given by MSCI.