Press Release - For Immediate Release

Barclays and MSCI to offer Green Bond Index as part ofESG Fixed Income Index Family
Innovative new Index to track growing market of bonds issued to fund projects withenvironmental benefits
New York – July 1, 2014 – Barclays, publisher of leading broad market bond benchmarks, and MSCI Inc., aleading provider of investment decision support tools worldwide, announced today an agreement to launch anew Green Bond Index, expanding on their Environmental, Social and Governance (ESG) fixed income benchmark
index family launched in June 2013.
The Green Bond Index is intended to reflect the fixed income market funding projects and initiatives with directenvironmental benefits. These indexes may serve as a benchmark for dedicated Green Bond funds as well as
informational measures of Green Bond risks and return. The Green Bond Index will be available for institutional
clients to license for their index-linked investment products, such as Exchange Traded Funds (ETFs), separately
managed accounts, and structured products.
"With an increase in Green Bond issuance, we have seen demand from institutional investors for a new
benchmark in this emerging and rapidly growing market,” said Brian Upbin, Head of Benchmark Index Researchat Barclays. “A Green Bond Index is a logical extension of the Barclays and MSCI fixed income index family that
integrate ESG criteria in their design.”
From now until July 31, 2014, MSCI and Barclays will open a formal consultation period to solicit feedback fromthe market. This consultation is intended to ascertain how the market identifies, evaluates, and classifies greenbonds to help determine an appropriate benchmark index methodology.
Remy Briand, Managing Director and Head of MSCI ESG Research, said, “MSCI ESG Research offers institutional
investors an independent and objective evaluation of Green Bond securities with an aim to meet well defined
criteria for Green Bond classification.”“According to the Climate Bond Initiative, approximately US$30-40bn of green bonds will be issued this year,
increasing to around US$100bn next year,” said Jim Glascott, Global Head of Debt Capital Markets at Barclays.
“The creation of a Green Bond Index will be an extremely useful tool for issuers and institutional investors and an
important step in the evolution, transparency, and standardization of the Green Bond market.”-EndsAbout Barclays
Barclays is an international financial services provider engaged in personal banking, credit cards, corporate and investment banking andwealth management with an extensive presence in Europe, the Americas, Africa and Asia. Barclays’ purpose is to help people achieve theirambitions – in the right way. With over 300 years of history and expertise in banking, Barclays operates in over 50 countries and employs
approximately 140,000 people. Barclays moves, lends, invests and protects money for customers and clients worldwide. For further
information about Barclays, please visit our website www.barclays.com.
About MSCIMSCI Inc. is a leading provider of investment decision support tools to investors globally, including asset managers, banks, hedge funds
1and pension funds. MSCI products and services include indexes, portfolio risk and performance analytics, and ESG data and research.
The company’s flagship product offerings are: the MSCI indexes with over USD 9 trillion estimated to be benchmarked to them on aworldwide basis1; Barra multi-asset class factor models, portfolio risk and performance analytics; RiskMetrics multi-asset class market andcredit risk analytics; IPD real estate information, indexes and analytics; MSCI ESG (environmental, social and governance) Research
screening, analysis and ratings; and FEA valuation models and risk management software for the energy and commodities markets. MSCI
is headquartered in New York, with research and commercial offices around the world.
MSCI ESG Research products and services are designed to provide in-depth research, ratings and analysis of environmental, social andgovernance-related business practices to companies worldwide. Ratings and data from MSCI ESG Research are also used in theconstruction of the MSCI ESG Indexes. MSCI ESG Research Inc. is a Registered Investment Adviser under the Investment Advisers Act of1940. MSCI is a signatory to the United Nations-backed Principles for Responsible Investment (PRI).
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As of March 31, 2014, as reported in June 2014, by eVestment, Lipper and Bloomberg

For further information on MSCI, please visit our web site at www.msci.com

Press Contacts:
Mark LaneSusie GuoBarclays
Barclays

New York
London+1.212.412.1413+44.20.3555.2560

Jo Morgan
Kristin Meza
Nick Denton | Christian Pickel

MSCI
MSCI
MHP Communications

London
New York
London+44.20.7618.2224+1.212.804.5330+44.20.3128.8754/8208

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