Trust Management - ESG International Bond Fund

Companies of concern

• Human Rights Violations

  • Ubs Group AG 0.21%
    Business Ethics

    Where low standards of ethics create harm because of poor culture and inappropriate incentives, inadequate governance and oversight, and incidents of bribery and corruption.

  • Wells Fargo & Company 0.21%
    Business Ethics

    Where low standards of ethics create harm because of poor culture and inappropriate incentives, inadequate governance and oversight, and incidents of bribery and corruption.

    WELLS FARGO & COMPANY Business Ethics

    Well Fargo is one of the largest banks in the United States. From 2002 to 2016, Wells Fargo employees created 3.5 million unauthorised customer accounts to meet sales targets. These accounts generated improper fees and negatively affected customers' credit scores. The fake accounts, aggressive sales practices, alleged price fixing, and mistreatment of whistleblowers have led to lawsuits against Wells Fargo, raising concerns about the company's business ethics.

  • Alstom SA 0.10%
    War & Conflict

    Where a company is complicit in its products or services enabling violations of the Geneva Convention and infringement of the rights of individuals in war or conflict situations.

    ALSTOM SA War & Conflict

    Alstom is a French multinational transport and energy infrastructure corporation which operates worldwide in rail transport markets. Alstom is a major partner in the Jerusalem Light Rail (JLR), a project that will help cement Israel's hold on occupied East Jerusalem and tie the surrounding settlements even more firmly into the State of Israel. The JLR will link west Jerusalem to illegal Israeli settlements in Occupied East Jerusalem and will facilitate travel between West Jerusalem and the illegal Israeli settlements in the West Bank. Israeli settlements in occupied Palestinian territories are deemed illegal under international law and have been linked to severe human rights violations.

  • Johnson & Johnson 0.10%
    Public Safety

    Where companies are involved in significant harm to individuals or communities, through the unsafe nature of their products or delivery of services and inadequate response to evidence of harm.

    JOHNSON & JOHNSON Public Safety

    Johnson & Johnson is the world's largest and most diverse healthcare firm. The company has been involved in repeated incidents related to the quality and safety of several of its products across all three of the company’s business segments — drugs, devices, and consumer products. Several products have been associated with allegations of severe or even fatal adverse impacts on patients.

  • Nestle Finance Intl Ltd 0.10%
    Human Rights Abuses

    Where the actions of companies have violated global standards on human rights and freedoms including customary rights of indigenous people.

  • Thermo Fisher Sc Fnce I 0.10%
    Human Rights Abuses

    Where the actions of companies have violated global standards on human rights and freedoms including customary rights of indigenous people.

• Animal Cruelty

  • Lanxess AG 0.10%
    Animal Testing

    Where companies are involved in testing products on animals for cosmetic, personal care, household product, chemical and other uses. We do not include companies which conduct animal testing for pharmaceutical products, medical devices, biotechnology, human food, or pet food.

  • Unilever Finance 0.10%
    Animal Testing

    Where companies are involved in testing products on animals for cosmetic, personal care, household product, chemical and other uses. We do not include companies which conduct animal testing for pharmaceutical products, medical devices, biotechnology, human food, or pet food.