For the majority of our ESG investments we apply a single approach that excludes fixed income securities from companies that violate globally recognized standards or operate in controversial business areas (with more than 10% of sales):
- alcohol (producers and distributors of high-percentage alcoholic beverages)
- nuclear power (producers and distributors of nuclear energy, uranium and components of nuclear power plants)
- biocides (producers)
- embryonic research (specialized companies)
- gambling (particularly controversial types)
- GMOs (producers, users and distributors)
- pornography (producers and distributors)
- military (producers and distributors of weapons and other military equipment)
- controversial weapons (all producers and distributors, regardless of percentage of sales)
- tobacco (producers and distributors)
- animal testing (if not legally required)
- human rights controversies (companies and suppliers)
- labour rights controversies (companies and suppliers)
- controversial environmental practices (producers and suppliers)
- business malpractice (corruption, accounting)
All companies we invest in will meet at least the UN Global Compact Principles which is ensured by our exclusionary screenings.
We also exclude bonds from countries that violate globally recognized standards:
- labour conditions
- child labour
- human rights controversies
- non-ratification of the Kyoto Protocol
- corruption
- authoritarian regime
- dealth penalty
Clients can change and amend the screening with their own understanding of ESG investing.