Global Industry Classification Standard

The Global Industry Classification Standard (GICS) is an industry taxonomy developed by MSCI and Standard & Poor's (S&P) for use by the global financial community. The GICS structure consists of 10 sectors, 24 industry groups, 67 industries and 156 sub-industries [1]into which S&P has categorized all major public companies. The system is similar to ICB (Industry Classification Benchmark), a classification structure maintained by Dow Jones Indexes and FTSE Group.

GICS is used as a basis for S&P and MSCI financial market indexes in which each company is assigned to a sub-industry, and to a corresponding industry, industry group and sector, according to the definition of its principal business activity.

"GICS" is a registered trademark of McGraw-Hill and MSCI Inc.

[2] [3]

Sector and industry group classification[4]

CodeSectorSubcodeIndustry Groups
10Energy1010Energy
15Materials1510Materials
20 Industrials 2010 Capital Goods
2020 Commercial & Professional Services
2030 Transportation
25 Consumer Discretionary 2510 Automobiles & Components
2520 Consumer Durables & Apparel
2530 Consumer Services
2540 Media
2550 Retailing
30 Consumer Staples 3010 Food & Staples Retailing
3020 Food, Beverage & Tobacco
3030 Household & Personal Products
35 Health Care 3510 Health Care Equipment & Services
3520 Pharmaceuticals, Biotechnology & Life Sciences
40 Financials 4010 Banks
4020 Diversified Financials
4030 Insurance
4040 Real Estate
45 Information Technology 4510 Software & Services
4520 Technology Hardware & Equipment
4530 Semiconductors & Semiconductor Equipment
50Telecommunication Services5010Telecommunication Services
55Utilities5510Utilities

Revisions

The classification is continuously updated by S&P Dow Jones Indices and MSCI.[5] In November 2014 they proposed to introduce a new sector for real estate, as well as adding a new sub-industry for copper, to be effective 2016.[6]

See also

References

  1. http://www.msci.com/resources/factsheets/MSCI_Global_Industry_Classification_Standard.pdf
  2. "MSCI-Barra GICS Tables". Retrieved 2013-02-10.
  3. "MSCI-Barra GICS Sector Definitions" (PDF). Retrieved 2013-02-10.
  4. http://www.msci.com/products/indexes/sector/gics/gics_structure.html
  5. http://www.msci.com/resources/pdfs/GICS_Consultation2015.pdf
  6. http://www.msci.com/resources/pressreleases/GICS%20Press%20Release%2010%20Nov%202014.pdf