Our exclusion list can be accessed on https://www.sparda-m.de/pdf/sparda-m/gemeinwohlbericht_2013_2014.pdf
As this list is in german language we want to provide an abbreviated english translation here (the german version prevails): Criminal behaviour, destruction of natural ressources (no commodity investments!), production and trade with controversial weapons, people trafficking, violation of human rights, torture, death penalty, opression of democracy and minorities (Freedom house report), Corruption (Corruption perceptions index), terrorism, disregard of labour standards (ILO), non-ratification of the kyoto-protocol (and similar documents) and of the UNEP biodiversity protocol, speculations linked to human distress, "predator capitalism", obviously disreputable behaviour that takes advantage of legal loopholes.
One main rule of investmenting is "No limit, no trade". That means every single investment that we want to do has to have a pre-setup and approved credit limit. A pre-requisite for this approval is compliance to our strict "Gemeinwohlökonomie" principles. To make sure these requirements are met, ESG data are part of our analyses. Sufficient ESG data scores are always and everywhere prerequisite for approving and maintaining credit limits. At least annually we repeat this process of screening our investments. Moreover we have setup excel-based analysis tools that provide us updated ESG data.