FROM MSCI ESG RESEARCH LLC

MiFID II / IDD Solutions

Part of MSCI’s EU Sustainable Finance solutions module, the MiFID II / IDD solutions are designed to support financial market participants in fulfilling theirMarkets in Financial Instruments Directive (MiFID II) or Insurance Distribution Directive (IDD) reporting requirements, as well as their needs to report using
the European ESG Template (EET).

MSCI’s MiFID ll/ IDD Solutions for Product
Manufacturers (e.g. Asset Managers)
MiFID II/ IDD solutions support product manufacturers
with various aspects of their regulatory and non-regulatory
reporting requirements related to MiFID II and IDD, including:••

Report using the European ESG Template (EET):
intent to aggregate and fill the required fields inEET including SFDR precontractual and periodic
requirements
Support product creation and enhancement:
Aim to integrate SFDR/MiFID II/IDD requirements intoproduct design to attract sustainable investment flows

Proposed EU Sustainable
Investments (SI) Definition*

EET Data Mapping​

EET Reporting Service​• Use one potential approach

Reach potential distributors of• Aggregated MSCI ESG fund-levelfor defining “Sustainable

their products with relevant ESG

Investment”

information in a scalable way​​

Allowing productmanufacturers to:• Report on the sustainability
characteristics of their products• Build their in-house definition• Build or enhance product• Benchmarking against market
standards

metrics as part of our basic solution.
• Export dataset• In addition to basic capabilities, ourfull solution leverages fund entity
descriptive data along with predefined client provided aggregation
rules and thresholds• EET in Machine-readable format(Excel)• Aggregated index-level metrics for MSCIESG indexes as part of Sustainable
Finance Index Level offering

Available resources
EU Sustainable

EU Sustainable

A screening guide, which provides background information

MSCI EET Mapping: summarizing

Investments (SI) metrics

Investments (SI) metrics

about MiFID II requirements on investors’ sustainability

the different datapoints fromfor most constituents infor over 500 MSCI ESG

preferences and presents one potential approach to defining

MSCI ESG Research that can be

the MSCI ACWI IMI

and Climate indexes“Sustainable Investments” under the EU’s SFDR

used to fill in EET

MSCI’s MiFID ll/ IDD Solutions for ProductDistributors (e.g. Wealth Managers)
MiFID II / IDD solutions support product distributors withProposed EU Sustainable
Investments (SI) Definition*

EET Disclosureswith FE Fund Info

MSCI ESG
Fund Ratings• Define Target Markets

In collaboration with FE Fund Info,

Use our extensive Fund offerings from• Assess products’ sustainability

you’ll be able to access disclosed

the MSCI ESG Fund Ratings product

EETs from manufacturers via ourto make more informed investment

Data Feeds delivery method.​decisions.

Allowing productdistributors to:various aspects of their regulatory and non-regulatory
reporting requirements, including:• Meet MiFID II Requirements: Seamlessly integrate EET
disclosures and MSCI ESG Fund Ratings data to alignfund selection with client sustainability preferences• Superior Selection: Compare as disclosed EET datacharacteristics• Assess third party funds based

from managers vs. look-through-based assessment
from MSCI, including % sustainability of the fund, sideon their own sustainability
frameworkby side• Efficiency: Avoid implementation challenges bychoosing one single trusted vendor• Coverage: Benefit from the combination of two market
leading providers in their fields with strong fundcoverage universes

Available resources
EU Sustainable

EU Sustainable

A screening guide, which provides background information

Investments (SI) metrics

Investments (SI) metrics

about MiFID II requirements on investors’ sustainability

for most constituents infor over 500 MSCI ESG

preferences and presents one potential approach to defining

the MSCI ACWI IMI

and Climate indexes“Sustainable Investments” under the EU’s SFDR

MSCI, in collaboration with FE Fund Info, will deliver EET

MSCI ESG Research’s Fund Ratings as well as a broad range of

disclosures from all funds in the FE Fund Universe offund-level ESG and climate data to provide a holistic perspective

approximately 220,000 share classes and 80,000 unique funds

on the ESG and climate characteristics of funds*MSCI is committed to drive transparency and equip you with the information you need in an evolving
regulatory environment. The guide, initial sample of metrics and other resources reflects the views of clients

We value your feedback and questions. For further details

we consulted over the past few months on measuring sustainable investments and using such measures inabout how to access any of the available resources, pleasea sustainable investment strategy. We anticipate that approaches to defining sustainable investments maycontact us. esgclientservice@msci.com

evolve over time based on the availability of data, guidance from regulators and views of market participants.

Dataset delivery includes:

MSCI MiFID II and EET Solution
for Distributors Product Details
One time delivery of all available EET
disclosures will be available in August2022. Automated delivery of feeds
will be available in Q4 2022.

Data File

Data Feed

Managed Service(Aug 2022)(Q4 2022)(Q3 2022)

As of June 30, 2022; This information is provided “as is” and does not constitute legal or investment advice or any binding interpretation,and presents one potential approach to defining “sustainable investment” under the EU’s SFDR. Any approach to comply with legal,
regulatory or policy initiatives should be discussed with your own legal counsel and/or the relevant competent authority, as needed

Contact us
If you want to learn more about Sustainable Finance or discusspotential solutions, please contact us. esgclientservice@msci.com

MSCI’s Sustainable Investment (SI) metric, MSCI ESG Research’s Fund Ratings, research and data are produced by MSCI ESG Research
LLC, a subsidiary of MSCI Inc. MSCI ESG Indexes, Analytics and Real Estate are products of MSCI Inc. that utilize information from MSCIESG Research LLC. MSCI Indexes are administered by MSCI Limited (UK).

About MSCI ESG Research products and services
MSCI ESG Research products and services are provided by MSCI ESG Research LLC, and are designed to provide in-depth research, ratings and analysis of environmental, social andgovernance-related business practices to companies worldwide. ESG ratings, data and analysis from MSCI ESG Research LLC. are also used in the construction of the MSCI ESG
Indexes. MSCI ESG Research LLC. is a Registered Investment Adviser under the Investment Advisers Act of 1940 and a subsidiary of MSCI Inc.
For enquiries, contact ESG Client Service esgclientservice@msci.com.

About MSCIMSCI is a leading provider of critical decision support toolsand services for the global investment community. Withover 50 years of expertise in research, data and technology,
we power better investment decisions by enabling clientsto understand and analyze key drivers of risk and returnand confidently build more effective portfolios. We create
industry-leading research-enhanced solutions that clientsuse to gain insight into and improve transparency acrossthe investment process.
To learn more, please visit www.msci.com.

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