Our sustainable and environmental branded options

Greater than 10% reported revenue from fossil fuel (thermal coal, oil and/or gas) exploration and production. Fossil fuel means the exploration or production of thermal coal (which includes lignite, bituminous, anthracite and steam coal), oil and/or gas (including arctic gas, arctic oil, conventional oil and gas, unconventional oil and gas, shale oil, shale gas, oil sands).

• Any reported revenue from the production of tobacco, manufacture of nicotine alternatives and tobacco-based products (excluding the supply of key products necessary for the manufacture of tobacco or nicotine products); and/or,
• Greater than 5% of reported revenue derived from other tobacco related business activities, where tobacco includes, tobacco, nicotine alternatives and tobacco-based products.

Greater than 5% of reported revenue derived from the production, distribution and sale of alcohol.

Greater than 5% of reported revenue derived from gambling operations, licensing gambling products and the provision of gambling related services.

• Greater than 1% of reported revenue derived from weapon systems, components, and support systems;
• Any reported revenue from the manufacture of whole weapon systems or components developed for exclusive use of nuclear weapons. This includes but is not limited to components and delivery systems that are significantly developed for exclusive use in nuclear weapons and other services materially significant to nuclear weapon production; and/or,
• Any reported revenue from the manufacture of whole systems or components developed for exclusive use in controversial weapons such as cluster munitions, anti-personnel mines, depleted uranium weapons, biological or chemical weapons.

We assess companies that breach the UN Global Compact or have otherwise been found to commit human rights violations. We conduct these reviews periodically and on a case-by-case basis. As we become aware of specific issues we may exclude companies based on our assessment and findings.

To identify investments for these three options, in addition to the fund wide exclusions, we apply the negative screens to:

• listed equities based on information from a third-party data provider and/or our internal analysis;
• other asset classes such as infrastructure, property, and fixed interest, based on our internal analysis

We screen companies every six months based on the revenue they report. In addition to the six-monthly screening process, we do aim to screen for these anomalies and seek to exclude securities that fall outside our negative screens once identified. The ability to dispose of a security is dependent on a number of factors including the liquidity of the security. in question, for example if it is held in an illiquid unlisted fund. The screening process is applied to listed equites and, wherever reasonably possible, other asset classes such as infrastructure, property, and fixed interest products. The screening criteria do not apply to pooled vehicles or derivatives.