What ESG screens does the Index utilize?
The DASI universe consists of companies that are either a constituent of the KLD Large Cap Social Index or KLD’s Domini 400 Social Index. KLD uses a two-step screening process for selecting LCSI or DS400 companies. Companies involved beyond specific KLD thresholds in alcohol, tobacco, firearms, gambling, nuclear power and military-weapons activities are ineligible for consideration for either Index. KLD excludes companies that fail these screens regardless of other social and environmental attributes of these companies. KLD then selects eligible companies that have positive social and environmental records based on the following issues: community relations, diversity, employee relations, human rights, and product quality and safety, environment and corporate governance. KLD evaluates companies in the context of their industry and sector as well as in relation to the broader market.
