Get the free Industry Classification Benchmark

Ground RulesIndustry Classification Benchmark (Equity) v2.3ftserussell.com July 2017Contents 1.0Introduction ......................................................................... 32.0Management

How to fill out industry classification benchmark

How to fill out industry classification benchmark:

1. Start by gathering all relevant information about your industry. This includes details about your company's main activities, products or services offered, and any specific sectors or sub-sectors that your business operates in.
2. Research and familiarize yourself with the specific categories and codes used in the industry classification benchmark. This standardized framework ensures consistency and facilitates comparisons across industries. Make sure to understand the criteria for each category and code.
3. Determine the primary industry classification for your business. This should be based on the main activities or focus of your company. Look for the category that best describes the core aspects of what you do. Keep in mind that some businesses may have multiple classifications if they operate in different sectors.
4. Identify any additional sectors or sub-sectors that are relevant to your business. This can include any secondary activities or specialized areas that contribute to your overall operations. Assign the appropriate codes for each sector or sub-sector.
5. Fill out the industry classification benchmark form or template provided by the relevant organization or institution. Ensure that all required fields are completed accurately and in accordance with the guidelines provided. Double-check your entries to avoid any errors or inconsistencies.
6. Submit the completed industry classification benchmark form as required. This may involve sending it electronically or by mail, depending on the specific process and requirements of the organization or institution you are providing the information to.

Who needs industry classification benchmark:

1. Companies and organizations seeking to classify and benchmark their industry for various purposes, such as internal analysis, market research, or reporting requirements.
2. Financial institutions, investors, and analysts who rely on industry classification benchmark data to assess and compare companies and sectors, make investment decisions, or conduct industry research.
3. Government bodies and regulatory agencies that utilize industry classification benchmark to track economic trends, develop policies, or enforce regulations in specific industries.
4. Industry associations, trade groups, and standards organizations that use industry classification benchmark to establish common standards and classifications within their respective sectors.
5. Researchers and academics who study industries and seek to categorize and compare companies across different sectors for various academic purposes, including economic studies, market analysis, or industry-specific research.

For pdfFiller’s FAQs

What is industry classification benchmark?

Industry Classification Benchmark (ICB) is a globally recognized standard for categorizing companies and securities based on their industry sector.

Who is required to file industry classification benchmark?

Companies listed on stock exchanges that are using ICB classification are required to file industry classification benchmark.

How to fill out industry classification benchmark?

To fill out industry classification benchmark, companies need to identify their primary industry sector based on the ICB classification system and report relevant financial information.

What is the purpose of industry classification benchmark?

The purpose of industry classification benchmark is to provide a standardized way to classify companies and securities based on their industry sector for better comparability and analysis.

What information must be reported on industry classification benchmark?

Companies need to report their primary industry sector, financial data, and other relevant information specified in the ICB classification system.

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