Our sector-based screening excludes producers of tobacco, coal, nuclear or non-conventional weapons.
A controversy-based screening excludes companies whose ESG-based reputational risk is too high. Indeed, business conduct risks related to human rights, labour, the environment and corruption can result in risks to a company's reputation and finances, and therefore in a risk for the final investor. Thus, we exclude companies with a high level of controversy (levels defined in the ESG Risk Control procedure). We use the external RepRisk database for this purpose.