This ontology includes individuals representing the set of classification codes based on the principal business activity of the company. This set of classification codes is valid from 2003-05-01 till 2004-05-01.
The Global Industry Classification Standard (GICS) is an industry taxonomy developed in 1999 by MSCI and Standard & Poor's (S&P) for use by the global financial community. Codes are four-tiered, numeric, and not prefix-free. The first tier is the sector, the second tier is the industry group, the third tier is the industry, and the fourth tier is the sub-industry. S&P is responsible for assigning a GICS code to all major public companies. The assignment is based on the principal busines activity of the company.
gics 2003
Copyright (c) 1999 S&P Dow Jones Indices LLC
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Oil & Gas Drilling
Drilling contractors or owners of drilling rigs that contract their services for drilling wells
Oil & Gas Equipment & Services
Manufacturers of equipment, including drilling rigs and equipment, and providers of supplies and services to companies involved in the drilling, evaluation and completion of oil and gas wells.
Energy Equipment & Services
Integrated Oil & Gas
Integrated oil companies engaged in the exploration & production of oil and gas, as well as at least one other significant activity in either refining, marketing and transportation, or chemicals.
Oil & Gas Exploration & Production
Companies engaged in the exploration and production of oil and gas not classified elsewhere.
Oil & Gas Refining & Marketing & Transportation
Companies engaged in the refining, marketing and/or transportation of oil and gas products not classified in the Integrated Oil & Gas sub-industry.
Oil & Gas
Energy
Commodity Chemicals
Companies that primarily produce industrial chemicals and basic chemicals. Including but not limited to plastics, synthetic fibers, films, commodity-based paints & pigments, explosives and petrochemicals. Excludes chemical companies classified in the Diversified Chemicals, Fertilizers & Agricultural Chemicals, Industrial Gases, or Specialty Chemicals sub-industries.
Diversified Chemicals
Manufacturers of a diversified range of chemical products not classified in the Industrial Gases, Commodity Chemicals, Specialty Chemicals or Fertilizers & Agricultural Chemicals sub-industries.
Fertilizers & Agricultural Chemicals
Producers of fertilizers, pesticides, potash or other agriculture-related chemicals not classified elsewhere.
Industrial Gases
Manufacturers of industrial gases.
Specialty Chemicals
Companies that primarily produce high value-added chemicals used in the manufacture of a wide variety of products, including but not limited to fine chemicals, additives, advanced polymers, adhesives, sealants and specialty paints, pigments and coatings.
Chemicals
Construction Materials
Manufacturers of construction materials including sand, clay, gypsum, lime, aggregates, cement, concrete and bricks. Other finished or semi-finished building materials are classified in the Building Products sub-industry.
Metal & Glass Containers
Manufacturers of metal, glass or plastic containers. Includes corks and caps.
Paper Packaging
Manufacturers of paper and cardboard containers and packaging.
Containers & Packaging
Aluminum
Producers of aluminum and related products, including companies that mine or process bauxite and companies that recycle aluminum to produce finished or semi-finished products. Excludes companies that primarily produce aluminum building materials classified in the Building Products sub-industry.
Diversified Metals & Mining
Companies engaged in diversified production or extraction of metals and minerals not classified elsewhere. Includes companies that are primarily involved in coal mining or production.
Gold
Producers of gold and related products, including companies that mine or process gold and the South African finance houses which primarily invest in, but do not operate, gold mines.
Precious Metals & Minerals
Companies mining precious metals and minerals not classified in the Gold sub-industry. Includes companies primarily mining platinum.
Steel
Producers of iron and steel and related products
Metals & Mining
Forest Products
Manufacturers of timber and related wood products. Includes lumber for the building industry.
Paper Products
Manufacturers of all grades of paper. Excludes companies specializing in paper packaging classified in the Paper Packaging sub-industry.
Paper & Forest Products
Materials
Aerospace & Defense
Manufacturers of civil or military aerospace and defense equipment, parts or products. Includes defense electronics and space equipment.
Building Products
Manufacturers of building components and home improvement products and equipment. Excludes lumber and plywood classified under Forest Products and cement and other materials classified in the Construction Materials sub-industry.
Construction & Engineering
Companies engaged in primarily non-residential construction. Includes civil engineering companies and large-scale contractors. Excludes companies classified in the Homebuilding sub-industry.
Electrical Components & Equipment
Companies that produce electric cables and wires, electrical components or equipment not classified in the Heavy Electrical Equipment sub-industry.
Heavy Electrical Equipment
Manufacturers of power-generating equipment and other heavy electrical equipment, including power turbines, heavy electrical machinery intended for fixed-use and large electrical systems. Excludes cables and wires, classified in the Electrical Components & Equipment sub-industry.
Electrical Equipment
Industrial Conglomerates
Diversified industrial companies with business activities in three or more of the Energy, Industrials, Materials, Consumer Discretionary, Health Care and Information Technology sectors, none of which contributes a majority of revenues. Excludes companies classified in the Multi-Sector Holdings sub-industry.
Construction & Farm Machinery & Heavy Trucks
Manufacturers of heavy duty trucks, rolling machinery, earth-moving and construction equipment, heavy farm machinery and manufacturers of related parts. Includes non-military shipbuilding.
Industrial Machinery
Manufacturers of industrial machinery and industrial components. Includes companies that manufacture presses, machine tools, compressors, pollution control equipment, elevators, escalators, insulators, pumps, roller bearings and other metal fabrications.
Machinery
Trading Companies & Distributors
Trading companies and other distributors of industrial equipment and products.
Capital Goods
Commercial Printing
Companies providing commercial printing services. Includes printers primarily serving the media industry.
Diversified Commercial Services
Companies providing commercial and consumer services not classified elsewhere. Includes commercial cleaning services, education services and security services.
Employment Services
Employment agencies and related services.
Environmental Services
Providers of environmental services. Includes waste management and pollution control services. Excludes large-scale water treatment systems classified in the Water Utilities sub-industry.
Office Services & Supplies
Providers of office services and manufacturers of office supplies and equipment not classified elsewhere.
Commercial Services & Supplies
Air Freight & Logistics
Companies providing air freight transportation, courier and logistics services, including package and mail delivery and customs agents. Excludes those companies classified in the Airlines, Marine or Trucking sub-industries.
Airlines
Companies providing primarily passenger air transportation.
Marine
Companies providing goods or passenger maritime transportation. Excludes cruise-ships classified in the Hotels, Resorts & Cruise Lines sub-industry.
Railroads
Companies providing primarily goods and passenger rail transportation.
Trucking
Companies providing primarily goods and passenger land transportation. Includes vehicle rental and taxi companies.
Road & Rail
Airport Services
Operators of airports and companies providing related services.
Highways & Railtracks
Owners and operators of roads, tunnels and railtracks.
Marine Ports & Services
Owners and operators of marine ports and related services.
Transportation Infrastructure
Transportation
Industrials
Auto Parts & Equipment
Manufacturers of parts and accessories for automobiles and motorcycles. Excludes companies classified in the Tires & Rubber sub-industry.
Tires & Rubber
Manufacturers of tires and rubber.
Auto Components
Automobile Manufacturers
Companies that produce mainly passenger automobiles and light trucks. Excludes companies producing mainly motorcycles and three-wheelers classified in the Motorcycle Manufacturers sub-industry and heavy duty trucks classified in the Construction & Farm Machinery & Heavy Trucks sub-industry.
Motorcycle Manufacturers
Companies that produce motorcycles, scooters or three-wheelers. Excludes bicycles classified in the Leisure Products sub-industry.
Automobiles
Automobiles & Components
Consumer Electronics
Manufacturers of consumer electronics products including TVs, VCRs, hi-fi equipment, game consoles and related products. Excludes personal home computer manufacturers classified in the Computer Hardware sub-industry, and electric household appliances classified in the Household Appliances sub-industry.
Home Furnishings
Manufacturers of soft home furnishings or furniture, including upholstery, carpets and wall-coverings.
Homebuilding
Residential construction companies. Includes manufacturers of prefabricated houses and semi-fixed manufactured homes.
Household Appliances
Manufacturers of electric household appliances and related products. Includes manufacturers of power and hand tools, including garden improvement tools. Excludes TVs and other audio and video products classified in the Consumer Electronics sub-industry and personal computers classified in the Computer Hardware sub-industry.
Housewares & Specialties
Manufacturers of durable household products, including cutlery, cookware, glassware, crystal, silverware, utensils, kitchenware and consumer specialties not classified elsewhere.
Household Durables
Leisure Products
Manufacturers of leisure products and equipment including sports equipment, bicycles and toys.
Photographic Products
Manufacturers of photographic equipment and related products.
Leisure Equipment & Products
Apparel, Accessories & Luxury Goods
Manufacturers of apparel, accessories & luxury goods. Includes companies primarily producing designer handbags, wallets, luggage, jewelry and watches. Excludes shoes classified in the Footwear sub-industry.
Footwear
Manufacturers of footwear. Includes sport and leather shoes.
Textiles
Manufacturers of textile and related products not classified in the Apparel, Accessories & Luxury Goods, Footwear or Home Furnishings sub-industries.
Textiles, Apparel & Luxury Goods
Consumer Durables & Apparel
Casinos & Gaming
Owners and operators of casinos and gaming facilities. Includes companies providing lottery and betting services.
Hotels, Resorts & Cruise Lines
Owners and operators of hotels, resorts and cruise-ships. Includes travel agencies, tour operators and related services not classified elsewhere . Excludes casino-hotels classified in the Casinos & Gaming sub-industry.
Leisure Facilities
Owners and operators of leisure facilities, including sport and fitness centers, stadiums, golf courses and amusement parks not classified in the Movies & Entertainment sub-industry.
Restaurants
Owners and operators of restaurants, bars, pubs, fast-food or take-out facilities. Includes companies that provide food catering services.
Hotels, Restaurants & Leisure
Advertising
Companies providing advertising, marketing or public relations services.
Broadcasting & Cable TV
Owners and operators of television or radio broadcasting systems and providers of cable or satellite television services, including programming.
Movies & Entertainment
Companies that engage in producing and selling entertainment products and services, including companies engaged in the production, distribution and screening of movies and television shows, producers and distributors of music, entertainment theaters and sports teams.
Publishing
Publishers of newspapers, magazines and books, and providers of information in print or electronic formats.
Media
Distributors
Distributors and wholesalers of general merchandise not classified elsewhere. Includes vehicle distributors.
Catalog Retail
Mail order and TV home shopping retailers. Includes companies that provide door-to-door retail.
Internet Retail
Companies providing retail services primarily on the internet, not classified elsewhere.
Internet & Catalog Retail
Department Stores
Owners and operators of department stores.
General Merchandise Stores
Owners and operators of stores offering diversified general merchandise. Excludes hypermarkets and large-scale super centers classified in the "Hypermarkets & Super Centers" sub-industry.
Multiline Retail
Apparel Retail
Retailers specialized mainly in apparel and accessories.
Computer & Electronics Retail
Owners and operators of consumer electronics, computers, video and related products retail stores.
Home Improvement Retail
Owners and operators of home and garden improvement retail stores. Includes stores offering building materials and supplies.
Specialty Stores
Owners and operators of specialty retail stores not classified elsewhere. Includes toy stores, office supply stores and automotive retail.
Specialty Retail
Retailing
Consumer Discretionary
Drug Retail
Owners and operators of primarily drug retail stores and pharmacies.
Food Distributors
Distributors of food products to other companies and not directly to the consumer.
Food Retail
Owners and operators of primarily food retail stores.
Hypermarkets & Super Centers
Owners and operators of hypermarkets and super centers selling food and a wide-range of consumer staple products. Excludes Food and Drug Retailers classified in the Food Retail and Drug Retail sub-industries, respectively.
Food & Staples Retailing
Brewers
Producers of beer and malt liquors. Includes breweries not classified in the Restaurants sub-industry.
Distillers & Vintners
Distillers, vintners and producers of alcoholic beverages not classified in the Brewers sub-industry.
Soft Drinks
Producers of non-alcoholic beverages including mineral waters. Excludes producers of milk classified in the Packaged Foods sub-industry.
Beverages
Agricultural Products
Producers of agricultural products. Includes crop growers, owners of plantations and companies that produce and process foods but do not package and market them. Excludes companies classified in the Forest Products sub-industry and those that package and market the food products classified in the Packaged Foods sub-industry.
Packaged Foods & Meats
Producers of packaged foods including dairy products, fruit juices, meats, poultry, fish and pet foods.
Food Products
Tobacco
Manufacturers of cigarettes and other tobacco products.
Food, Beverage & Tobacco
Household Products
Producers of non-durable household products, including detergents, soaps, diapers and other tissue and household paper products not classified in the Paper Products sub-industry.
Personal Products
Manufacturers of personal and beauty care products, including cosmetics and perfumes.
Household & Personal Products
Consumer Staples
Health Care Equipment
Manufacturers of health care equipment and devices. Includes medical electronic precision instruments. Includes drug delivery systems.
Health Care Supplies
Manufacturers of health care supplies and medical products not classified elsewhere. Includes eye care products.
Health Care Equipment & Supplies
Health Care Distributors
Distributors and wholesalers of health care products not classified elsewhere.
Health Care Services
Providers of health care services not classified elsewhere. Includes dialysis centers and lab testing services.
Health Care Facilities
Owners and operators of health care facilities, including hospitals, nursing homes, rehabilitation and retirement centers, animal hospitals, cemeteries and funeral homes.
Managed Health Care
Owners and operators of Health Maintenance Organizations (HMOs) and other managed plans.
Health Care Providers & Services
Health Care Equipment & Services
Biotechnology
Companies primarily involved in the development, manufacturing or marketing of products based on advanced biotechnology research.
Pharmaceuticals
Companies engaged in the research, development or production of pharmaceuticals. Includes veterinary drugs.
Pharmaceuticals & Biotechnology
Health Care
Diversified Banks
Commercial banks whose businesses are derived primarily from commercial lending operations and have significant business activity in retail banking and small and medium corporate lending. Excludes banks classified in the Regional Banks and Thrifts & Mortgage Finance sub-industries. Also excludes investment banks classified in the Investment Banking & Brokerage sub-industry.
Regional Banks
Commercial banks whose businesses are derived primarily from commercial lending operations and have significant business activity in retail banking and small and medium corporate lending. Regional banks tend to operate in limited geographic regions. Excludes companies classified in the Diversified Banks and Thrifts & Mortgage Banks sub-industries. Also excludes investment banks classified in the Investment Banking & Brokerage sub-industry.
Commercial Banks
Thrifts & Mortgage Finance
Financial institutions providing mortgage and mortgage related services. These include financial institutions whose assets are primarily mortgage related, savings & loans, mortgage GSE’s (government sponsored enterprises), mortgage lending institutions, building societies and companies providing insurance to mortgage banks.
Banks
Other Diversified Financial Services
Providers of a diverse range of financial services and/or with some interest in a wide range of financial services including banking, insurance and capital markets, but with no dominant business line.
Multi-Sector Holdings
A company with significantly diversified holdings across three or more sectors, none of which contributes a majority of profit and/or sales not classified in the Industrial Conglomerates sub-industry.
Specialized Finance
Providers of specialized financial services. Includes credit agencies, stock exchanges and specialty boutiques. Companies in this sub-industry derive a majority of revenue from one, specialized line of business.
Diversified Financial Services
Consumer Finance
Providers of consumer finance services, including personal credit, credit cards, lease financing, travel-related money services and pawn shops. Excludes mortgage lenders classified in the Thrifts & Mortgage Banks sub-industry.
Asset Management & Custody Banks
Financial institutions primarily engaged in investment management and/or related custody and securities fee-based services. Includes companies operating mutual funds, closed-end funds and unit investment trusts. Excludes banks and other financial institutions primarily involved in commercial lending, investment banking, brokerage and other specialized financial activities.
Investment Banking & Brokerage
Financial institutions primarily engaged in investment banking & brokerage services, including equity and debt underwriting, mergers and acquisitions, securities lending and advisory services. Excludes banks and other financial institutions primarily involved in commercial lending, asset management and specialized financial activities.
Diversified Capital Markets
Financial institutions primarily engaged in diversified capital markets activities, including a significant presence in at least two of the following area: large/major corporate lending, investment banking, brokerage and asset management. Excludes less diversified companies classified in the Asset Management & Custody Banks or Investment Banking & Brokerage sub-industries. Also excludes companies classified in the Banks or Insurance industry groups or the Consumer Finance sub-industry.
Capital Markets
Diversified Financials
Insurance Brokers
Insurance and reinsurance brokerage firms.
Life & Health Insurance
Companies providing primarily life, disability, indemnity or supplemental health insurance. Excludes managed care companies classified in the Managed Health Care sub-industry.
Multi-line Insurance
Insurance companies with diversified interests in life, health and property and casualty insurance.
Property & Casualty Insurance
Companies providing primarily property and casualty insurance.
Reinsurance
Companies providing primarily reinsurance.
Insurance
Real Estate Investment Trusts
Real estate investment trusts (REITs).
Real Estate Management & Development
Companies engaged in real estate ownership, development or management.
Real Estate
Financials
Internet Software & Services
Companies developing and marketing internet software and/or providing internet services including online databases and interactive services, web address registration services, database construction and internet design services. Excludes companies classified in the Internet Retail sub-industry.
IT Consulting & Other Services
Providers of information technology and systems integration services not classified in the Data Processing & Outsourced Services or Internet Software & Services sub-industries. Includes information technology consulting and information management services.
Data Processing & Outsourced Services
Providers of commercial electronic data processing and/or business process outsourcing services. Includes companies that provide services for back-office automation.
IT Services
Application Software
Companies engaged in developing and producing software designed for specialized applications for the business or consumer market. Includes enterprise and technical software. Excludes companies classified in the Home Entertainment Software Sub-Industry. Also excludes companies producing systems or database management software classified in the Systems Software sub-industry.
Systems Software
Companies engaged in developing and producing systems and database management software.
Home Entertainment Software
Manufacturers of home entertainment software and educational software used primarily in the home.
Software
Software & Services
Communications Equipment
Manufacturers of communication equipment and products, including LANs, WANs, routers, telephones, switchboards and exchanges.
Computer Hardware
Manufacturers of personal computers, servers, mainframes and workstations. Includes manufacturers of Automatic Teller Machines (ATMs). Excludes manufacturers of copiers, faxes and related products classified in the Office Electronics sub-industry.
Computer Storage & Peripherals
Manufacturers of electronic computer components and peripherals. Includes data storage components, motherboards, audio and video cards, monitors, keyboards, printers and other peripherals. Excludes semiconductors classified in the Semiconductors sub-industry.
Computers & Peripherals
Electronic Equipment Manufacturers
Producers of electronic equipment, instruments or components. Includes analytical, electronic test and measurement instruments, electronic components, connection devices and equipment not classified elsewhere. Excludes OEM suppliers classified in the Electronic Manufacturing Services sub-industry.
Electronic Manufacturing Services
Producers of electronic equipment exclusively for the OEM (Original Equipment Manufacturers) markets.
Technology Distributors
Distributors of technology hardware and equipment. Includes distributors of communications equipment, computers & peripherals, semiconductors, and electronic equipment and components.
Electronic Equipment & Instruments
Office Electronics
Manufacturers of office electronic equipment including copiers and faxes.
Technology Hardware & Equipment
Semiconductor Equipment
Manufacturers of semiconductor equipment.
Semiconductors
Manufacturers of semiconductors and related products.
Semiconductors & Semiconductor Equipment
Information Technology
Alternative Carriers
Providers of communications and high-density data transmission services primarily through a high bandwidth/fiber-optic cable network.
Integrated Telecommunication Services
Operators of primarily fixed-line telecommunications networks and companies providing both wireless and fixed-line telecommunications services not classified elsewhere.
Diversified Telecommunication Services
Wireless Telecommunication Services
Providers of primarily cellular or wireless telecommunication services, including paging services.
Telecommunication Services
Electric Utilities
Companies that produce or distribute electricity. Includes both nuclear and non-nuclear facilities.
Gas Utilities
Distributors of natural and manufactured gas. Excludes companies primarily involved in gas exploration or production classified in Oil & Gas Exploration & Production sub-industry. Includes owners and operators of gas pipelines.
Multi-Utilities & Unregulated Power
Utility companies with significantly diversified activities in the Electric Utilities, Gas Utilities and/or Water Utilities sub-industries not classified elsewhere. Includes unregulated independent power producers and distributors.
Water Utilities
Companies that purchase and redistribute water to the end-consumer. Includes large-scale water treatment systems.
Utilities