Time Warner (TEMP.a5a7eb40)

Ratings for Overall impact, Environment, Social, and Governance assess impact on causes that are "material" to a company's industry.

For example, the energy industry has a larger impact on causes like Climate Action and Sustainable Resource Use than many other industries, so we consider these causes "material" for the energy industry and include them in an energy company's overall impact rating.

Overall impact ratings consider material causes across all ESG categories. Environment, Social and Governance ratings consider material causes within their respective categories.

Overall impact, E, S, and G ratings for funds represent the weighted-average scores scores of companies held by the fund.

Still curious? See material causes by industry and learn more about materiality and our methodology here.