During the investing process we make a selection of companies which take a lead in the approach to sustainability and corporate governance. At the same time there may be businesses which are involved in controversial activities in which we do not wish to invest. Such activities may comprise business practices that are harmful to people or the environment. It may concern violations of internationally acknowledged standards that are of a kind which may make it unacceptable to make investments in such companies.
DoubleDividend applies the 10 principles of the United Nations Global Compact. This is an internationally acknowledged standard which makes an assessment of controversial activities; this means that a number of companies will be excluded that have specific commercial activities such as weapons, fur production, gambling, pornography and tobacco.
During the selection process of suitable funds, DoubleDividend excludes such companies as part of the investment process. Where DoubleDividend selects investment funds for third parties when client portfolios are put together, the exclusion policy is part of the assessment of each investment fund. Any controversial holdings in such investment funds are being monitored and at the request of clients, reports may be made up.
DoubleDividend publishes a list of business that are excluded (dutch).