VALUES, EXPLAINED

ENVIRONMENTAL

FOSSIL FUELS

x
invested in fossil fuels
x
invested in fossil fuels
x
fossil fuel stocks

The fund’s exposure to companies that fall in the global top 200 owners of carbon reserves, any coal miners and owners of coal reserves, oil & gas producers and refiners, oil field services & equipment companies, pipeline operators, top 30 coal-fired utilities, and electric utilities powered by coal & natural gas.

Funds are categorized as good, bad, or neutral relative to a universe containing the most popular funds listed on American exchanges.

FOSSIL FUELS

The fund’s exposure to companies involved in the production and trade of deforestation-risk agribusiness (including palm oil, paper & pulp, rubber, timber, cattle, and soy).

DEFORESTATION

x
invested in deforestation risk companies
x
invested in deforestation risk companies
x
deforestation risk stocks

DEFORESTATION

The fund’s weighted average of each holding’s’ carbon emissions per $ million in sales. 

CARBON EMISSIONS

carbon emissions per million dollars in sales
x

CARBON EMISSIONS

Brown revenue is the fund’s weighted average of each issuer’s percentage of revenue generated from thermal coal extraction, unconventional and conventional oil & gas extraction, and thermal coal, liquid fuel, or natural gas based power generation. Green revenue is the fund’s weighted average of each issuer’s percentage of revenue generated from goods and services related to alternative energy, energy efficiency, green building, pollution prevention, and sustainable water. 

SUSTAINABLE RESOURCE USE

x
brown revenue
x
green revenue

SUSTAINABLE RESOURCE USE

SOCIAL

The fund’s exposure to manufacturers of civilian firearms. 

GUN MANUFACTURERS

x
invested in gun manufacturers
x
invested in gun manufacturers
x
gun manufacturers

GUN MANUFACTURERS

The fund’s exposure to the largest public retailers of civilian firearms. 

GUN SELLERS

x
invested in gun retailers
x
invested in gun retailers
x
gun retailers

GUN SELLERS

The fund’s exposure to the global top 100 military contractors. 

x
invested in military weapons contractors
x
military weapons contractors
invested in military weapons contractors
x

MILITARY WEAPONS CONTRACTORS

MILITARY WEAPONS CONTRACTORS

The fund’s exposure to manufacturers and servicers of nuclear armaments. 

NUCLEAR WEAPONS MANUFACTURERS

x
invested in nuclear weapons manufacturers
x
invested in nuclear weapons manufacturers
x
nuclear weapons manufacturers

NUCLEAR WEAPONS MANUFACTURERS

The fund’s exposure to tobacco producers that derive more than 5% of their revenue from tobacco production, and tobacco distributors, suppliers, and retailers if the combined revenue from these activities is greater than 15% of total revenues.  

 

Funds are categorized as good, bad, or neutral relative to a universe containing the most popular funds listed on American exchanges.

TOBACCO MANUFACTURERS & SELLERS

x
invested in tobacco manufacturers & sellers
x
tobacco manufacturers & sellers

TOBACCO MANUFACTURERS & SELLERS

The fund’s exposure to companies in violation of the UN Global Compact principles.

 

Funds are categorized as good, bad, or neutral relative to a universe containing the most popular funds listed on American exchanges.

UNGC VIOLATIONS

x
companies with UNGC violations
invested in companies with UNGC violations
x

UNGC VIOLATIONS

The fund’s exposure to companies facing severe controversies related to the environment, customers, human rights, labor rights or governance, in accordance with the OECD Guidelines for Multinational Enterprises.

 

Funds are categorized as good, bad, or neutral relative to a universe containing the most popular funds listed on American exchanges.

OECD VIOLATIONS

x
invested in companies with OECD controversies
x
companies with OECD controversies

OECD VIOLATIONS

GOVERNANCE

A combination of two metrics: (1) the gender balance of the company’s board, executives, senior management, total employee workforce (measured by the ratio of each gender in senior management compared to the ratio of each gender in the workforce), and (2) the robustness of gender equality policies focused on fair remuneration, equal access to training & career development, non-discrimination in recruiting, safety and protection of rights at work, and reduction of social risks in the supply chain. 

Funds are categorized as good, bad, or neutral relative to a universe containing the most popular funds listed on American exchanges.

GENDER EQUALITY

gender policies score
x
gender practices score
x

GENDER EQUALITY

The fund’s weighted average of each holding’s percentage of women on its board of directors.

 

Funds are categorized as good, bad, or neutral relative to a universe containing the most popular funds listed on American exchanges.

BOARD GENDER DIVERSITY

x
women on boards

BOARD GENDER DIVERSITY

The fund’s weighted average percentage of holdings that have an independent board of directors. 

 

Funds are categorized as good, bad, or neutral relative to a universe containing the most popular funds listed on American exchanges.

BOARD INDEPENDENCE

companies with an independent board
x

BOARD INDEPENDENCE