The Franklin MSCI World Catholic Principles UCITS ETF USD Capitalisation seeks to track the MSCI World Select Catholic Principles ESG Universal and Low Carbon index. MSCI World Select Catholic Principles ESG Universal and Low Carbon index tracks large and mid cap securities from developed countries worldwide. The selected companies are screened according to their carbon exposure, their ESG (environmental, social and governance) profile and catholic principles. As a result, companies involved in weapons, gambling, adult entertainment, abortion, contraceptives, stem-cell research and animal testing are excluded.