Nuveen Quantitative Strategies, which manage our passive and quantitatively managed products, assess ESG data, where appropriate, to determine factors that are additive to their process. 

Our ESG focused fixed income passively managed ETFs seek to deliver exposure to securities that demonstrate ESG leadership on a best-in-class industry basis. The ESG criteria includes how well a company adheres to national and international laws and regulations as well as commonly accepted global norms related to ESG issues. The methodology also considers low carbon criteria that evaluates companies’ current and future carbon emissions. ESG-focused ETFs generally exclude companies with significant activities in certain controversial businesses, including those involving alcohol, tobacco, military weapons, firearms, nuclear power and gambling, among others. The Responsible Investing team develops the criteria for ESG focused ETFs in collaboration with Nuveen Quantitative Strategies and external research providers.