We exclude all issuers forbidden by Santander Group’s Defence Policy.
Additional exclusionary criteria that can be taken into account in the products are:
- Controversial activities: tobacco, gambling, pornography, alcohol, etc.
- Controversies or not compliance with international norms related to human rights, labour rights, etc.
We use ESG information from an external data provider and assess companies/governments with our in-house methodology. We obtain a final ESG rating for each issuer.