We draw a clear line at companies that produce goods and services associated with harmful impacts on human health and the environment or that are addictive. This is consistent with our view that sustainable business creates value and competitive advantage over time.
1) Controversial products; Tobacco, alcohol, gambeling, Pornography, weapons and coal
We exclude companies that produce tobacco, alcohol, gambling, pornography, weapons and coal, as these products are associated with harmful impacts on human health, are strongly addictive, or are associated with serious environmental impacts. The exclusion does not apply to service and distribution companies, as we believe these activities can be pursued in a responsible manner. Our focus is on the production of the controversial product or service. We have chosen not to consider third-party ownership because a financial investment is not categorised as production or distribution of the controversial product or service.
2) Controversial secotors; Fossile fuels
3) Norm Screening: The funds exclude companies that breach the 10 principles and 42 conventions of the UN Global Compact
We apply a zero tolerance threshold for the screenings above