Our exclusion policy contains companies that are involved in the production and/or sales of controversial weapons. In the Netherlands there are some legal restrictions towards investments in cluster munition. Our exclusion list was in place before these legal restrictions were introduced and goes much further than the legal restrictions. Also companies where engagement failed are placed on the exclusion list.
Additionally, we have a country exclusion list. This list contains countries listed on the UN sanction list, complemented with internal research.