GICS Core

GICS Core is the top-level perspective within the Sector Intelligence of the G11 General Industry Compass System. This level is deliberately set at a distance and provides an overarching view of the central structures of the global economy.
The focus of GICS Core as the TIER 1 level of the G11 General Industry Compass System is on broadly defined economic sectors as stable organizational units. Instead of detailed subdivisions, the focus is on classifying economic activities into a few, sustainable categories that serve as a long-term frame of reference. The helicopter perspective of GICS Core opens up space for fundamental questions: How do weights shift between sectors? Which structures characterize entire sectors across economic cycles? And which sectoral dependencies only become visible from a distance?

The focus of GICS Core as the TIER 1 level of the G11 General Industry Compass System is on broadly defined economic sectors as stable classification units. Instead of detailed subdivisions, the aim is to classify economic activities into a few viable categories that serve as a long-term frame of reference.

The helicopter perspective of GICS Core opens up space for fundamental questions:

  • How do weights shift between sectors?
  • What structures shape entire industries across economic cycles?
  • And which sectoral dependencies only become visible from a distance?
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EST.: XII/MMXXV
The energy sector brings together companies that generate, process, store and supply energy. It forms the basis for almost every form of economic activity and is at the beginning of numerous industrial, technological and social processes. Energy is a supply and transformation sector. The companies grouped here develop natural resources, convert them into usable forms of energy and ensure that they are reliably delivered to where they are needed. The spectrum ranges from the extraction of raw materials, processing and transportation to the provision of various energy sources. The energy sector is characterized by its high systemic relevance. Energy is not an optional good, but a basic prerequisite for production, mobility, infrastructure and everyday consumption. Accordingly, changes in this area have an impact far beyond the sector - often with a time lag, but with major economic and political consequences. At the same time, the sector is characterized by complex dependencies. Global demand, geopolitical conditions, technological developments and regulatory requirements influence investments, cost structures and long-term strategies. Decisions in the energy sector are usually capital-intensive, long-term in nature and closely linked to national and international interests. Energy is also in a state of continuous change. While traditional forms of energy continue to play a key role, new technologies, alternative energy sources and changing usage models are gaining in importance. These developments are not linear, but run alongside each other and often with different time horizons. Within GICS Eleven, energy acts as a fundamental frame of reference for numerous specialized topics. The sector ranges from traditional supply structures to new forms of energy generation and use - and thus forms the basis for in-depth trend, transformation and application perspectives.

GICS Core acts as a strategic thinking space within the General Industry Compass system. The perspective provides orientation without simplifying and creates a common basis on which further perspectives - such as Trending or Microsectors - can be built upon in a targeted manner.


GICS Core is deliberately designed as an introductory and reference level.
The perspective is aimed at users who initially want to get their bearings, grasp interrelationships and understand sectoral structures in a broader economic context without committing to detailed analyses at an early stage.

As an organizing framework, GICS Core is particularly suitable:

  • as a conceptual haven of peace within the GICS family,
  • as a common reference level for cross-references to in-depth content,
  • as well as a conceptual starting point for further perspectives such as GICS Trending or GICS Microsectors.

The level thus serves less for operational analysis and more for strategic classification - it creates an overview, promotes systemic thinking and lays the foundation for in-depth discussion along downstream perspectives.