Exclusionary Criteria for Issuers

We avoid investments in issuers that:

  • Have significant and direct involvement in manufacturing tobacco products.

  • Have significant and direct involvement in the manufacture or sale of weapons.

  • Manufacture or have significant and direct involvement in the sale of firearms and/or ammunition.

  • Have significant and direct involvement in gambling operations.

  • Have significant and direct involvement in coal mining, production and/or coal-fired power generation, in particular new greenfield sites.