Our designated socially responsible strategies have negative screens for alcohol, gaming, military weapons, pornographic materials, nuclear power and tobacco products. Most of the exclusionary screening criteria are based on a threshold of involvement that is defined in terms of percentage of annual revenues. Any company that meets any of the exclusionary screening criteria will be placed on a prohibited securities list and will not be eligible for inclusion in our designated socially responsible strategies. For our fossil fuel free strategy, we exclude all companies that extract, process, and transport fossil fuels.
When we control the investment policy for a portfolio, we will not knowingly invest in companies whose business activities would contravene the prohibitions contained in the Anti-Personnel Landmines Convention or the Convention on Cluster Munitions.
Where there are full economic sanctions that prohibit any financial dealings with a foreign state, including investment in entities operating under the authority of the foreign state, we will not invest in securities that fall within the sanctions. Where sanctions have been imposed against foreign countries that do not prohibit financial dealings we will identify and assess any risk and consider whether the investment would still be in the best interests of our clients.