We require the financial institutions we provide financing to to adhere to our mandates’ exclusion lists when on-lending to clients. Direct investments are screened against the same exclusions lists. Amongst others, funds may not be used to finance activities involving forced labour, radioactive materials, unbound asbestos fibres, hazardous chemicals, or wood or other forestry products from unsustainably managed forests.
Beyond legal reasons, we apply these criteria due to the mission of our funds. All funds we advise or manage are impact funds, which pursue a certain strategy in what they aim to promote (e.g. energy efficiency, biodiversity conservation). Hence, we exclude activities, which counteract the missions of our funds.