We have developed a unique and rigorous Sustainable Investment Framework. Our approach includes three key aspects; negative screens, positive screens and engagement. The Sustainable Investment Framework has been utilised since inception and is fully integrated with our investment process.
We avoid investment in the Fund's negative screens, a selection of which include:
Revenue thresholds
Fossil fuel (oil, gas, coal, tar sands) exploration, development and production
Operation of casinos and gambling facilities or production of gambling products
Armaments & military technology (including development, production and maintenance of nuclear weapons)
Production and manufacture of tobacco and nicotine alternatives
Animal cruelty (production: 5% revenue threshold, sales: 25% revenue threshold)
Services to the fossil fuel industry (25% revenue threshold)
Business processes, attributes & governance standards
Carbon intensive industries (where a company does not have appropriate carbon mitigation, reporting, or transition plans)
Destruction of valuable environments
Further detail can be found in our Sustainability Overview & Update and Sustainable Investment Framework (links below).
Sustainability Overview & Update - 2025
Sustainable Investment Framework