Msci Inc. · NYSE:MSCI
Msci — ESG Presentation (February 2026)
27 slides from Msci's sustainability presentation, Feb 25, 2026
Slide 1: MSCI ESG Ratings 2026 Model Update
MSCI ESG Ratings 2026 Model Update February 25, 2026 © 2026 MSCI Inc. All rights reserved. Please refer to the disclaimer at the end of this document.
Slide 2: Speakers
Speakers Nadia Laine Elsa Ben Hamou Yukie Shibano Head of ESG Ratings and Dassonville Sustainability & Climate Sustainability Model Head of APAC Research Lead - Japan Products Sustainability & Climate Solutions Specialists Information Classification: GENERAL 2
Slide 3: Agenda
Agenda • Key methodology enhancements & expected impact • Transparency enhancements • Resources • Q&A Information Classification: GENERAL 3
Slide 4: Key enhancements and expected impact
Key enhancements and expected impact Information Classification: GENERAL 4
Slide 5: A more dynamic, transparent, and investment-relevant ratings model
A more dynamic, transparent, and investment-relevant ratings model • Updated Methodology – Enhanced focus on financially relevant, quantitative data to provide clearer performance- based insights, supporting company assessment with greater precision. • Greater Transparency – Clients gain direct acce
Slide 6: Key methodology enhancements
Key methodology enhancements 1. Focus on financial materiality • Improved consistency in scoring of quantitative sustainability metrics, improved alignment with financial outcomes • Adjusted scoring impact of controversies to reflect on case development • New scoring framework for company sustainabi
Slide 7: Introduction of minor buffer zones around rating band thresholds
Introduction of minor buffer zones around rating band thresholds Industry-Adjusted Score → ESG Rating • With faster data updates, companies with scores near rating thresholds could experience frequent rating changes from small score movements – creating noise that doesn’t reflect meaningful changes
Slide 8: Summary of expected impact from model and data updates
Summary of expected impact from model and data updates No rating change Within ±1 letter grade Rating change distribution 100% 76% 75% ~76% ~99% 50% By market cap 25% 14% 9% 1% 1% 0% ≤-2 -1 0 1 ≥2 100% 75% 63% By issuer count (full universe) ~63% ~95% 50% 25% 17% 16% 2% 2% 0% ≤-2 -1 0 1 ≥2 • Annual
Slide 9: Simulated ESG Rating changes by sector and region
Simulated ESG Rating changes by sector and region By Sector - % by Market Cap By Sector - % by issuer count Rating upgrade %, by Market Cap Rating downgrade %, by Market Cap Rating upgrade %, by issuer count Rating downgrade %, by issuer count 40% 50% 35% 45% 40% 30% 35% 25% 30% 20% 25% 15% 20% 15%
Slide 10: Transparency and update frequency enhancements
Transparency and update frequency enhancements Information Classification: GENERAL 10
Slide 11: Data-driven rating reviews
Data-driven rating reviews If there are no data or event 1 2 triggers, a rating action will be New Data Initiate triggered within 12 months of rating incorporated On average per week: last review daily 260 companies are updated to account for new controversies 5 3 Upgrade, Scores recalculated 425 co
Slide 12: Transparency enhancements & how these will be delivered
Transparency enhancements & how these will be delivered → Issuer pdf report → MSCI1 dashboards → New data Expanded drill down Expanded drill down dashboard 600+ new scores (including performance scores for each key Expanded key issue sections issue), weights, and data points with transparency on und
Slide 13: More visibility into the full lineage - from indicator to rating
More visibility into the full lineage - from indicator to rating CURRENT Current accessibility to underlying scores NEW Expanded insight into indicators and weights Indicator score Indicator weight Controversial 10.0 U.S. Sourcing Scope of data protection policy Consumer 11.7% Electronics 10.0 Envir
Slide 14: Issuer pdf report: expanded drill down
Issuer pdf report: expanded drill down To provide a transparent, lineage-based breakdown of the ESG Rating—from top-level letter rating to pillar scores, key issue scores, and the underlying indicator components. This section supports full score traceability Information Classification: GENERAL 14
Slide 15: Current depth of drill down
March 9, 2026 March 9, 2026 Current depth of drill down Existence of contingency plans/mitigation control systems to ensure that products are - - 4.2 11% 4.2 in stock, reliable and safe 11% Audit/control procedures on responsible - - 5.5 11% 5.5 11% marketing Policy on responsible marketing, adverti
Slide 16: Issuer pdf report: key issue sections
Issuer pdf report: key issue sections ABC Inc Enhancements: • All indicators added • Industry average • We will gradually incorporate more source information Source: ANR 2024, CSR Report 2024 Information Classification: GENERAL 16
Slide 17: MSCI One dashboards
MSCI One dashboards ABC Inc Information Classification: GENERAL 17
Slide 18: MSCI One ESG Ratings drilldown dashboard
MSCI One ESG Ratings drilldown dashboard 11 11 11 Information Classification: GENERAL 18
Slide 19: New data and insights
New data and insights ~600 new factors to be added to ESG Manager, Enhanced data feeds, Snowflake and APIs. Data points will be added to custom data feeds on request. Data point type Examples No. of data points Water Stress Performance Score Water Stress Governance & Strategy Score Component Scores
Slide 20: Roll-out plan
Roll-out plan Information Classification: GENERAL 20
Slide 21: Ratings model update: key dates and milestones
Ratings model update: key dates and milestones Model version 5.0 Go-Live ✓ Monthly ✓ Monthly ✓ Monthly update to update to update to All issuers rated on Model Final version 5.0: all ratings and issuer level issuer & Fund issuer & scores updated on the release ✓ Oct 16 - First Simulated simulations
Slide 22: Resources available to clients
Resources available to clients (Accessible for clients subscribing to ESG Ratings or Corporate Sustainability Insights) →Consultation results →Spreadsheet with indicator changes →FAQ →Methodology supplement →Simulated ESG Ratings and Scores →Communications sent to date Information Classification: GE
Slide 23: Resources available to issuers
Resources available to issuers (Available via MSCI ONE > Companies > Issuer Academy) →All Consultation-related mailouts including results →Spreadsheet including all new data points to be added as part of this model update, including industries which are and are not impacted →data points available on
Slide 24: Q&A
Q&A Information Classification: GENERAL 24
Slide 25: Contact
Contact Americas Asia Pacific Europe, Middle East & Africa The process for submitting a formal index complaint United States China South Africa can be found on the index +1 888 588 4567 (toll free) North: 10800 852 1032 (toll free) + 27 21 673 0103 South: 10800 152 1032 (toll free) page of MSCI’s we
Slide 26: About Us
About Us About MSCI Sustainability and Climate Products and Services MSCI Sustainability and Climate products and services are provided by MSCI Solutions LLC and certain related entities, and are designed to provide in-depth research, ratings and analysis of environmental, social and governance rela
Slide 27: Notice and Disclaimer
Notice and Disclaimer The data, data feeds, databases, reports, text, graphs, charts, images, videos, recordings, models, metrics, analytics, indexes, ratings, The Information does not constitute, and must not be relied upon as, investment advice, credit ratings, or proxy advisory or voting services