We don't invest in companies with significant exposure to fossil fuel extraction, tobacco, weapons, landmines, alcohol, nuclear energy, adult entertainment and gambling. It's the right thing to do, and it's good for investment returns too %)
We don't invest in
Fossil fuels
All companies that have proved & probable coal reserves and/or oil and natural gas reserves used for energy purposes.
Alcohol
Producers that earn either 5% or more revenue, or more than $500 million in revenue from alcohol-related products.
Tobacco
Producers and those companies classified as distributors, retailers and suppliers that earn 15% or more in revenue from tobacco-related products.
Gambling and casinos
All companies involved in operations and support that earn 5% or more in revenue, or more than $500 million in revenue, from gambling-related products.
Civilian Firearms
All companies classified as a producer and companies classified as a retailer that earn 5% or more in revenue, or more than $20 million in revenue from civilian firearms-related products
Adult entertainment
All companies classified as a producer that earn more than 5% in revenue, or more than $500 million in revenue, from adult entertainment materials.
Military Weapons
All companies classified as involved in the manufacturing of nuclear weapons and components, chemical and biological weapons and components, cluster bombs, landmines, and depleted uranium weapons. All companies that earn 5% or more in revenue, or more than $500 million in revenue, from the manufacturing of weapons, weapons components, and/or weapons support systems and services.
Nuclear Weapons
All companies classified as a nuclear utility; plus those involved in uranium mining, designing nuclear reactors, the enrichment of fuel for nuclear reactors or classified as a supplier to the nuclear power industry that earn 15% or more in revenue from nuclear-power related products.
Note: Applies to all NZ and global investments except for Australia. Exclusions should apply to Australia in 2020.