Exclusion Criteria

Exclusion Criteria


We will not invest in companies that ...

  • ... grossly neglect fundamental labour and human rights (including key suppliers).
  • ... contribute significantly to destroying the environment and/or consistently breach environmental standards (including key suppliers).
  • ... are involved in serious cases of corruption.
  • ... have their headquarters or subsidiaries in locations that are on the EU list of non-cooperative countries and jurisdictions for tax purposes.
  • ... produce banned or otherwise particularly controversial weapons and/or their core components.
  • ... operate nuclear power plants, produce core components for nuclear power plants or mine uranium.
  • ... mine coal, extract or process oil sands, operate coal power stations or produce or use fracking technologies.
  • ... operate in the gambling, pornography or tobacco industries.
  • ... engage in the production of conventional weapons or armament goods (including their core components) as a core business activity (> 20% of total revenue).