We will not invest in ventures with significant involvement in the following activities:
- Fossil fuel exploration and extraction
- Alcohol
- Tobacco
- Gambling
- Military weapons
- Civilian firearms
- Nuclear fission
- Adult entertainment
It is possible that we may make investments that develop technologies related to these activities, however, we will only do so if they are developing solutions that reduce the harm of these activities. For example, a venture that develops technology to reduce the environmental impact of fossil fuel exploration and extraction would not be excluded from consideration.
In addition to excluding ventures in the above fields, we will actively consider ESG issues in our investment selection and due diligence processes to adequately consider the risks presented by ESG issues. In doing so, we will consider the nonfinancial impact of ventures in our investment decisions, favouring investments that demonstrate the ability to deliver tangible, measurable positive impact.