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Ethical Criteria - DefinitionsNegative Criteria - Activities that you may seek to avoidAlcoholProductionCompanies involved in the manufacture of alcoholic beverages are excluded. It is common for funds to apply a threshold, generally excluding companies where alcohol production is greater than 10% of turnover or the primary activity. A smaller number of funds may avoid all involvement in alcohol production, regardless of turnover.RetailCompanies involved in the retail of alcoholic beverages are excluded. An alcohol retail exclusion is less common than for alcohol production, but where an exclusion is made a threshold is also commonly applied. Thresholds tend to be 10% of turnover, or where it is the primary activity. Alcohol retailing is difficult to completely avoid if retailing is to be a part of an investment fund’s portfolio because alcohol features so widely in our society. But a number of company types are involved in alcohol retail to less than 10% of turnover, such as supermarkets, hotels and restaurants. We will need to know if this is acceptable to you.page 1 Support Social & other issues 18 Support Health & human rights 17 Support General positive approach 16 Support Environment benefits 15 Support Engagement 14 Support Animal welfare. Education. Employees 13 Avoid Other issues 12 Avoid Tobacco 11 Avoid Pornography 10 Avoid Nuclear issues 9 Avoid Human rights violations 8 Avoid Genetic modification 7 Avoid Gambling 6 Avoid Environment damage 5 Avoid Weapons 4 Avoid Animal husbandry & fur 3 Avoid Animal testing 2 |
Financial FAQ's:Understanding Investment RiskWhat are 'Ethicals'? Ethical Criteria |
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