The starting universe for the CalPERS Custom FTSE Global All-Cap benchmark has been screened to omit securities representing the following groups:
- Sudan and Iran
- Holocaust Era and Northern Ireland
- Assault Weapon Manufacturers
- Thermal Coal Companies
- Governance and Sustainability Principles Screen
The screens don't necessarily result in exclusion in all instances. Some categories require engagement first and, depending on the outcome of engagement, divestment.