Across our investment agent, BCI's, assets, including Fixed Income, BCI excludes from their investment universe companies whose activities would violate the Anti-Personnel Landmines Convention or the Convention on Cluster Munitions. Furthermore, for corporate bonds (financial and non-financial) and private credit, certain industries and companies are avoided based on business involvement concerns.
For positive/best-in-class screening, BCI tracks the investable universe of green/social/sustainable bonds and when an issuance meets BCI's investment criteria from a credit and valuation perspective, they assesses the bond framework, second/third party opinion or certification and overall sustainability disclosure of the issuer to opine on positive E&S impacts. In addition, in the corporate (non-financial) investment grade space, BCI identifies companies that obtain high scores to the CDP disclosure frameworks.