Bloomberg industry classification standard . All definitions are standardized and applied to companies globally. Each company is assigned a single GICS® classification in each of the four tiers, according to its principal business activity. The GICS structure consists of 11 sectors, 25 industry groups, 74 industries and 163 sub-industries [ 1 ] into which S&P has categorized all major public companies . While most industry classification data is based on broad strokes and stops at a company’s description, Bloomberg classification data digs deeper to provide complete asset class coverage based on actual research, thereby delivering high-quality and consistent segmentation data across trading, risk management and operations. Bloomberg Bloomberg Equity Indices June 10, 2024 Index Announcement 1 . In fact, there are different ones depending on whether one is looking for the BICS at the security or at the entity level. Bloomberg Industry Classification Standard (BICS) 7 Consumer Healthcare Products Description Addition of new Sub Industry classification: Consumer Healthcare Products (Level 4) Rationale Companies manufacturing over-the-counter (otc) health remedies are viewed more as consumer staples companies than pharmaceutical companies. The 2024 Bloomberg Industry Classification System (BICS) for Equity has been pdated u effective end of day June 7, 2024 with the following changes: -Sector Changes GICS® is a four-tiered, hierarchical industry classification system. The four tiers are: Sectors, Industry Groups, Industries and Sub-Industries. Bloomberg Industry Classification System (BICS) Hierarchy Change Final Update . The Bloomberg Industry Classification Standard (BICS) and the Bloomberg Classification System (BCLASS) support the investment process by organizing legal entities and securities into consistent May 13, 2025 ยท For the BICS (Bloomberg Industry Classification Standard), there is a dedicated BBG Bulk (f/k/a “Backoffice”) module. Impact 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. Index Announcement . pjpuabtvwwzxuvjtwlbnfgbcxvsuthdlrlogxpwktkjmtd