ESG FiduciaryTM Investing Criteria

ESG Fiduciary™ advisers broadly support the principles outlined by the United Nations Global Compact and demonstrate their commitment to ESG value-based investing through their purchase decisions of securities and mutual funds for client portfolios.

There is no strict formula for what constitutes thoughtful consideration of ESG issues. ESG investment strategies that advisers, or the funds and managers they use, may engage in include negative and positive screens, best-in-class criteria, impact investing, religious criteria, and shareholder activism. While thoughtful care should be given to the principles listed below, advisers and clients are free to invest according to their values and emphasize those issues that represent their most vital concerns.

Ten Principles of the United Nations Global Compact

Human Rights

Principle 1: Businesses should support and respect the protection of internationally proclaimed human rights; and

Principle 2: make sure that they are not complicit in human rights abuses.

Labour

Principle 3: Businesses should uphold the freedom of association and the effective recognition of the right to collective bargaining;

Principle 4: the elimination of all forms of forced and compulsory labour;

Principle 5: the effective abolition of child labour; and

Principle 6: the elimination of discrimination in respect of employment and occupation.

Environment

Principle 7: Businesses should support a precautionary approach to environmental challenges;

Principle 8: undertake initiatives to promote greater environmental responsibility; and

Principle 9: encourage the development and diffusion of environmentally friendly technologies.

Anti-Corruption

Principle 10: Businesses should work against corruption in all its forms, including extortion and bribery.