Jainism Impact US-Listed Global 500

An ethically screened, internationally diversified, equal-weighted equity benchmark designed to track the performance of 500 liquid, compliant global enterprises listed on major U.S. exchanges.

Key features:

  • Covers 500 global enterprises that pass all ethical and financial screening criteria and are traded on U.S. capital markets
  • The starting universe comprises of 1,500 highly liquid, premium US-listed corporate assets (US 500 + ADR 500 + Direct US-Listed Foreign 300 + Canadian Inter-listed 200)
  • Applies strict Shravaka Dharma (Jain ethical principles) and rigorous financial health screens to the master multi-cluster universe
  • The zero-tolerance Jain screening framework incorporates Ahimsa (non-violence), Satya and Asteya (integrity and fairness), and Aparigraha (restraint and sustainability)
  • Utilizes an innovative bottom-up, inclusion-oriented allocation methodology to ensure representation of smaller countries, niche industries, and diverse global regions

The 5-stage selection funnel:

  • Stage 1: Assembles 1,500 starting equities across 4 distinct corporate clusters (US500, 500 ADRs, 300 Foreign Direct US-listed, 200 Canadian Inter-listed)
  • Stage 2: Applies Shravaka Dharma restrictions to eliminate 300 non-compliant enterprises to bring down to a pool of 1,200. This removes all operations linked to weapons/defense manufacturing, meat processing, commercial slaughter, leather/fur processing, alcohol, tobacco, gambling, and any healthcare entities engaging in non-regulatory animal testing
  • Stage 3: Drops 300 leveraged or toxic companies to bring down to a pool of 900 using key financial screening ratios namely debt ratio, cash & interest-bearing securities, and tainted income
  • Stage 4: Deep-dives into supply chains and cross-corporate ownership structures to eliminate hidden violators through leveraging European Corporate Sustainability Reporting Directive (CSRD) filings
  • Stage 5: Trims down to the final, optimal 500 stocks while correcting sector distortions. This drastically wipes out specific sectors (e.g., Consumer Staples decimated due to meat/alcohol; Industrials due to defense; Financials due to leverage/interest)

Why Jainism Impact US-Listed Global 500 stands out:

  • Utilizes an absolute, binary filter. If a company produces meat, weapons, or leather, it is automatically excluded, regardless of how excellent its corporate governance or environmental policies are
  • By opting for an equal-weighting strategy and assigning specific fixed quotas for smaller regions, it completely breaks away from mega-cap tech dominance
  • The financial filters inject strict rules against exploitative interest and excessive leverage making it a dual-engine index: it serves as both an ethical lifestyle filter and a strict financial quality screen, filtering out weak, highly leveraged, and economically unstable corporations
  • Integration of Europe's CSRD standards and mandatory cross-corporate mapping ensures that if a parent holding company owns a majority stake in an unlisted foreign subsidiary that violates Jainism principles, the parent company is immediately excluded

For further information, pls contact us: info@impactjain.com