{"id":7649,"date":"2021-03-12T14:42:06","date_gmt":"2021-03-12T13:42:06","guid":{"rendered":"https:\/\/www.homacapital.fr\/?page_id=7649"},"modified":"2026-03-06T12:18:39","modified_gmt":"2026-03-06T11:18:39","slug":"our-social-and-environmental-framework","status":"publish","type":"page","link":"https:\/\/www.homacapital.fr\/en\/our-social-and-environmental-framework\/","title":{"rendered":"Our social and environmental framework"},"content":{"rendered":"<p>[vc_row full_width=&#8221;stretch_row&#8221; content_placement=&#8221;middle&#8221; css=&#8221;.vc_custom_1615556960654{background-image: url(https:\/\/www.homacapital.fr\/wp-content\/uploads\/2021\/03\/header_esg-banner.jpg?id=7344) !important;background-position: center !important;background-repeat: no-repeat !important;background-size: cover !important;}&#8221; el_class=&#8221;banner-page-content&#8221;][vc_column css=&#8221;.vc_custom_1612777015610{padding-right: 10% !important;padding-bottom: 30px !important;padding-left: 5% !important;}&#8221;][vc_column_text css=&#8221;.vc_custom_1619015752537{margin-bottom: 20px !important;}&#8221;]<\/p>\n<h1><span style=\"color: #f4f4f4;\">Our social and<br \/>\nenvironmental framework<\/span><\/h1>\n<p>[\/vc_column_text][\/vc_column][\/vc_row][vc_row css=&#8221;.vc_custom_1612783787508{margin-top: 30px !important;}&#8221;][vc_column][vc_column_text el_class=&#8221;homa-breadcrumb&#8221;]<a href=\"https:\/\/www.homacapital.fr\/en\/\">Home<\/a> \/ <strong>Our social and environmental framework<\/strong>[\/vc_column_text][\/vc_column][\/vc_row][vc_row css=&#8221;.vc_custom_1615556656314{margin-bottom: 100px !important;padding-top: 70px !important;padding-right: 5% !important;padding-left: 5% !important;}&#8221;][vc_column width=&#8221;1\/3&#8243; css=&#8221;.vc_custom_1612781637864{padding-top: 0px !important;padding-right: 20% !important;}&#8221;][vc_custom_heading text=&#8221;Homa Capital&#8221; font_container=&#8221;tag:div|font_size:16px|text_align:left|color:%23030508&#8243; use_theme_fonts=&#8221;yes&#8221; el_class=&#8221;subtitle&#8221;][vc_custom_heading text=&#8221;A fully-committed<br \/>\nasset manager&#8221; use_theme_fonts=&#8221;yes&#8221;][\/vc_column][vc_column width=&#8221;2\/3&#8243; css=&#8221;.vc_custom_1612441027394{padding-top: 80px !important;}&#8221;][vc_column_text]Over the course of 2018, HOMA CAPITAL showed strong interest in responsible investments and identified Green Bonds as instruments capable of providing a reliable impact measurement of each financing.<\/p>\n<p>In 2019, the management company launched the 1st Green fund dedicated to financing projects with an environmental and social impact in France. Since its launch, this fund has helped create more than 15,000 jobs and finance projects that have avoided the emission of over 16 million tons of CO2 per year.<\/p>\n<p>To support its responsible approach, particularly at the &#8220;S&#8221; level of ESG, HOMA CAPITAL has an impact committee composed of Jean-Claude Mailly, Dr. Jean-Martin Cohen-Solal and Karine Melloul, all three independent directors of the company. They supervise, in particular, the respect of the investment policy with regard to extra-financial criteria and ensure its shareholder commitment.<\/p>\n<p>In April 2021, HOMA CAPITAL signed the PRI agreement and also launched the <a href=\"https:\/\/www.homacapital.fr\/en\/solutions\/homa-impact-social-france-invest\/?section=investisseur&amp;test=on\">HOMA Social Impact France<\/a> fund, which has been awarded the Relance label (until October 2025). Its mission is to improve the social rating of the companies in which it is a shareholder.[\/vc_column_text][vc_single_image image=&#8221;7962&#8243; img_size=&#8221;medium&#8221; alignment=&#8221;center&#8221;][\/vc_column][\/vc_row][vc_row full_width=&#8221;stretch_row&#8221; equal_height=&#8221;yes&#8221; css=&#8221;.vc_custom_1615818234055{background-image: url(https:\/\/www.homacapital.fr\/wp-content\/uploads\/2021\/03\/img_esg_separator-new.jpg?id=7346) !important;background-position: center !important;background-repeat: no-repeat !important;background-size: cover !important;}&#8221; el_class=&#8221;overflow&#8221;][vc_column width=&#8221;1\/2&#8243;][\/vc_column][vc_column width=&#8221;1\/2&#8243; el_class=&#8221;gradient-background green-background&#8221; css=&#8221;.vc_custom_1615818239355{margin-top: -40px !important;margin-bottom: -40px !important;padding-top: 70px !important;padding-right: 50px !important;padding-bottom: 70px !important;padding-left: 50px !important;}&#8221;][vc_column_text el_class=&#8221;intro-text&#8221; css=&#8221;.vc_custom_1638537357184{margin-bottom: 0px !important;}&#8221;]<span style=\"color: #f4f4f4;\"><strong>HOMA CAPITAL&#8217;s commitment is pragmatic: by aiming to improve the social factor, HOMA CAPITAL aims to achieve shared and sustainable prosperity.<\/strong><\/span>[\/vc_column_text][\/vc_column][\/vc_row][vc_row css=&#8221;.vc_custom_1615558794053{margin-top: 20px !important;}&#8221;][vc_column width=&#8221;1\/2&#8243;][vc_column_text]HOMA CAPITAL&#8217;s ambition is to offer meaningful investment solutions, and the company is thus pursuing two key commitments:[\/vc_column_text][\/vc_column][vc_column width=&#8221;1\/2&#8243;][\/vc_column][\/vc_row][vc_row css=&#8221;.vc_custom_1615558829920{margin-top: 60px !important;margin-bottom: 40px !important;}&#8221;][vc_column width=&#8221;1\/2&#8243;][vc_column_text]<strong>Fostering an inclusive economy<\/strong><\/p>\n<p>Encouraging solidarity within our economy is essential to produce positive change in society. HOMA Capital prohibits investments related to activities that violate human rights, labor rights, professional ethics, and more generally those that do not comply with key international standards;[\/vc_column_text][\/vc_column][vc_column width=&#8221;1\/2&#8243;][vc_column_text]<strong>Achieving carbon neutrality by 2050<\/strong><\/p>\n<p>Climate change is undoubtedly one of the most complex and major challenges our society faces today, given its proven effects on the global economy, the physical environment, habitats and populations, as well as its ethical, social and political impacts.[\/vc_column_text][\/vc_column][\/vc_row][vc_row full_width=&#8221;stretch_row&#8221; css=&#8221;.vc_custom_1615801993414{padding-top: 40px !important;padding-bottom: 20px !important;background-color: #f4f4f4 !important;}&#8221;][vc_column width=&#8221;1\/3&#8243; css=&#8221;.vc_custom_1612785909783{padding-bottom: 20px !important;padding-left: 15% !important;}&#8221;][vc_custom_heading text=&#8221;Our framework&#8221; font_container=&#8221;tag:div|font_size:16px|text_align:left|color:%23030508&#8243; use_theme_fonts=&#8221;yes&#8221; el_class=&#8221;subtitle&#8221;][vc_custom_heading text=&#8221;Exclusions&#8221; use_theme_fonts=&#8221;yes&#8221;][\/vc_column][vc_column width=&#8221;2\/3&#8243; css=&#8221;.vc_custom_1615559161042{padding-top: 95px !important;}&#8221;][vc_column_text]Our framework integrates ESG objectives into the investment process by excluding companies based on normative and sector criteria.[\/vc_column_text][\/vc_column][\/vc_row][vc_row full_width=&#8221;stretch_row&#8221; gap=&#8221;15&#8243; equal_height=&#8221;yes&#8221; css=&#8221;.vc_custom_1615802109907{padding-top: 30px !important;padding-bottom: 220px !important;background-color: #f4f4f4 !important;}&#8221;][vc_column width=&#8221;1\/3&#8243; css=&#8221;.vc_custom_1615801921063{padding-top: 0px !important;padding-right: 0px !important;padding-left: 0px !important;background-color: #ffffff !important;}&#8221; el_class=&#8221;shadow-dark list-exclusions&#8221;]<div class=\"ult-content-box-container gradient-background\" >\t\t<div class=\"ult-content-box\" style=\"box-shadow: px px px px none;padding:30px;margin-bottom:25px;-webkit-transition: all 700ms ease;-moz-transition: all 700ms ease;-ms-transition: all 700ms ease;-o-transition: all 700ms ease;transition: all 700ms ease;\"  data-hover_box_shadow=\"none\"    data-normal_margins=\"margin-bottom:25px;\"  ><div class=\"ult-just-icon-wrapper   vc_custom_1615801271735\"><div class=\"align-icon\" style=\"text-align:center;\">\n<div class=\"aio-icon-img \" style=\"font-size:85px;display:inline-block;\" >\n\t<img decoding=\"async\" class=\"img-icon\" alt=\"respect environnement\" src=\"https:\/\/www.homacapital.fr\/wp-content\/uploads\/2021\/03\/picto_reglementaire2.svg\"\/>\n<\/div><\/div><\/div>[vc_custom_heading text=&#8221;REGULATORY&#8221; font_container=&#8221;tag:h3|font_size:20|text_align:center|color:%23f4f4f4|line_height:22px&#8221; use_theme_fonts=&#8221;yes&#8221; el_class=&#8221;bold&#8221;]\t\t<\/div><\/div>[vc_column_text css=&#8221;.vc_custom_1620831339252{padding-right: 21px !important;padding-left: 17px !important;}&#8221;]<strong>Objective<br \/>\n<\/strong>Respecting all relevant legal norms[\/vc_column_text][vc_column_text css=&#8221;.vc_custom_1619017308020{padding-right: 21px !important;padding-left: 17px !important;}&#8221;]<strong>Exclusions<\/strong><\/p>\n<ul>\n<li>illegal weapons (e.g. anti-personnel mines, cluster munitions, and biological and chemical weapons)<\/li>\n<li>Money laundering<\/li>\n<li>Terrorist financing<\/li>\n<li>Tax havens<\/li>\n<\/ul>\n<p>[\/vc_column_text][\/vc_column][vc_column width=&#8221;1\/3&#8243; css=&#8221;.vc_custom_1615801924560{padding-top: 0px !important;padding-right: 0px !important;padding-left: 0px !important;background-color: #ffffff !important;}&#8221; el_class=&#8221;shadow-dark list-exclusions&#8221;]<div class=\"ult-content-box-container gradient-background\" >\t\t<div class=\"ult-content-box\" style=\"box-shadow: px px px px none;padding-top:40px;padding-right:30px;padding-bottom:30px;padding-left:30px;margin-bottom:25px;-webkit-transition: all 700ms ease;-moz-transition: all 700ms ease;-ms-transition: all 700ms ease;-o-transition: all 700ms ease;transition: all 700ms ease;\"  data-hover_box_shadow=\"none\"    data-normal_margins=\"margin-bottom:25px;\"  ><div class=\"ult-just-icon-wrapper   vc_custom_1615801413645\"><div class=\"align-icon\" style=\"text-align:center;\">\n<div class=\"aio-icon-img \" style=\"font-size:94px;display:inline-block;\" >\n\t<img decoding=\"async\" class=\"img-icon\" alt=\"normative\" src=\"https:\/\/www.homacapital.fr\/wp-content\/uploads\/2021\/03\/picto_normative2.svg\"\/>\n<\/div><\/div><\/div>[vc_custom_heading text=&#8221;NORMATIVE&#8221; font_container=&#8221;tag:h3|font_size:20|text_align:center|color:%23f4f4f4|line_height:22px&#8221; use_theme_fonts=&#8221;yes&#8221; el_class=&#8221;bold&#8221;]\t\t<\/div><\/div>[vc_column_text css=&#8221;.vc_custom_1620831343918{padding-right: 21px !important;padding-left: 17px !important;}&#8221;]<strong>Objective<br \/>\n<\/strong>Exclusion of issuers suspected of serious and\/or repeated violations of the principles of the Global Compact[\/vc_column_text][vc_column_text css=&#8221;.vc_custom_1619017318797{padding-right: 21px !important;padding-left: 17px !important;}&#8221;]<strong>Exclusions<\/strong><br \/>\nCompanies with problematic compliance practices :<\/p>\n<ul>\n<li>Human rights<\/li>\n<li>Labour Law<\/li>\n<li>Environment<\/li>\n<li>Professional ethics and corruption issues<\/li>\n<\/ul>\n<p>[\/vc_column_text][\/vc_column][vc_column width=&#8221;1\/3&#8243; css=&#8221;.vc_custom_1615801927711{padding-top: 0px !important;padding-right: 0px !important;padding-left: 0px !important;background-color: #ffffff !important;}&#8221; el_class=&#8221;shadow-dark list-exclusions&#8221;]<div class=\"ult-content-box-container gradient-background\" >\t\t<div class=\"ult-content-box\" style=\"box-shadow: px px px px none;padding:30px;margin-bottom:25px;-webkit-transition: all 700ms ease;-moz-transition: all 700ms ease;-ms-transition: all 700ms ease;-o-transition: all 700ms ease;transition: all 700ms ease;\"  data-hover_box_shadow=\"none\"    data-normal_margins=\"margin-bottom:25px;\"  ><div class=\"ult-just-icon-wrapper   vc_custom_1615801457621\"><div class=\"align-icon\" style=\"text-align:center;\">\n<div class=\"aio-icon-img \" style=\"font-size:108px;display:inline-block;\" >\n\t<img decoding=\"async\" class=\"img-icon\" alt=\"null\" src=\"https:\/\/www.homacapital.fr\/wp-content\/uploads\/2021\/03\/picto_sectorielle2.svg\"\/>\n<\/div><\/div><\/div>[vc_custom_heading text=&#8221;SECTOR&#8221; font_container=&#8221;tag:h3|font_size:20|text_align:center|color:%23f4f4f4|line_height:22px&#8221; use_theme_fonts=&#8221;yes&#8221; el_class=&#8221;bold&#8221;]\t\t<\/div><\/div>[vc_column_text css=&#8221;.vc_custom_1635171112017{padding-right: 21px !important;padding-left: 17px !important;}&#8221;]<strong>Objectives<\/strong><\/p>\n<ul>\n<li>Fight against global warming (by achieving carbon neutrality<br \/>\nbefore 2050)<\/li>\n<li>Fight against addictions<\/li>\n<\/ul>\n<p>[\/vc_column_text][vc_column_text css=&#8221;.vc_custom_1644506395020{padding-right: 21px !important;padding-left: 17px !important;}&#8221;]<strong>Exclusions under certain conditions *<\/strong><\/p>\n<ul>\n<li><strong>Energies<\/strong> :<br \/>\nCoal<br \/>\nOil<br \/>\nNuclear energy<\/li>\n<li><strong>Health and Addiction :<\/strong><br \/>\nTobacco<br \/>\nGambling<br \/>\nAdult Content<\/li>\n<\/ul>\n<p><em>* To go further, kindly check our Exclusion Policy<\/em>[\/vc_column_text][\/vc_column][\/vc_row][vc_row el_class=&#8221;gradient-background-row&#8221; css=&#8221;.vc_custom_1617366719188{margin-top: -120px !important;padding-top: 30px !important;padding-right: 20px !important;padding-bottom: 40px !important;padding-left: 20px !important;}&#8221;][vc_column css=&#8221;.vc_custom_1615806415798{padding-right: 5% !important;padding-bottom: 20px !important;padding-left: 5% !important;}&#8221;][vc_custom_heading text=&#8221;Details&#8221; font_container=&#8221;tag:div|font_size:16px|text_align:left|color:%23f4f4f4&#8243; use_theme_fonts=&#8221;yes&#8221; el_class=&#8221;subtitle&#8221;][vc_custom_heading text=&#8221;Exclusion&#8221; font_container=&#8221;tag:h2|text_align:left|color:%23f4f4f4&#8243; use_theme_fonts=&#8221;yes&#8221; css=&#8221;.vc_custom_1615810418191{margin-bottom: 60px !important;}&#8221;]<div id=\"advanced-tabs-desc-wrap-5408\" class=\"ult_tabs exclusions-tab\" style=\" \" data-tabsstyle=\"style1\"\n data-titlebg=\"transparent\" data-titlecolor=\"#f4f4f4\" data-fullheight=\"off\"\n data-titlehoverbg=\"transparent\" data-titlehovercolor=\"#f4f4f4\"\n data-rotatetabs=\"0\" data-responsivemode=\"Both\" data-animation=\"None\"\ndata-activetitle=\"#f4f4f4\" data-activeicon=\"#ffffff\" data-activebg=\"rgba(255,255,255,0.2)\"  data-respmode=\"Tabs\" data-respwidth=\"400\" data-scroll = \"on\" data-activeindex=\"1\"><ul id=advanced-tabs-wrap-1984 class=\"ult_tabmenu style1 \" style=\"\"><li class=\"ult_tab_li   \" data-iconcolor=\"#ffffff\" data-iconhover=\"#ffffff\" style=\"background-color:transparent;border-color:transparent;border-width:0px;border-style:solid;border-top-left-radius:8px;\">\n\t\t\t\t\t<a href=\"#1615803250815-1\" id=\"1615803250815-1\" style=\"color:#f4f4f4;; padding-top:15px;padding-right:15px;padding-bottom:15px;padding-left:10px;\" class=\"ult_a \">\n\t\t\t\t\t   <span class=\"ult_tab_main  Both \">\n\t\t\t\t\t    <span class=\"ult_tab_section\">\n\t\t\t\t\t  \t\t<span  data-ultimate-target='#advanced-tabs-wrap-1984 .ult-span-text'  data-responsive-json-new='{\"font-size\":\"desktop:13px;\",\"line-height\":\"\"}'  class=\"ult-span-text ult-responsive\" style=\"font-weight:bold;\">Coal<\/span>\n\t\t\t\t\t\t   \t<span class=\"aio-icon none ult_tab_iconright\" style=\"color:#ffffff;font-size:12px;\">\n\t\t\t\t\t\t   \t<i class=\" Defaults-chevron-right ult_tab_icon\"  ><\/i>\n\t\t\t\t\t\t   <\/span>\n\t\t\t\t\t\t<\/span>\n\t\t\t\t\t   <\/span>\n\n\t\t\t\t\t<\/a>\n\t\t\t\t\t<\/li><li class=\"ult_tab_li   \" data-iconcolor=\"#ffffff\" data-iconhover=\"#ffffff\" style=\"background-color:transparent;border-color:transparent;border-width:0px;border-style:solid;\">\n\t\t\t\t\t<a href=\"#1615803250885-10\" id=\"1615803250885-10\" style=\"color:#f4f4f4;; padding-top:15px;padding-right:15px;padding-bottom:15px;padding-left:10px;\" class=\"ult_a \">\n\t\t\t\t\t   <span class=\"ult_tab_main  Both \">\n\t\t\t\t\t    <span class=\"ult_tab_section\">\n\t\t\t\t\t  \t\t<span  data-ultimate-target='#advanced-tabs-wrap-1984 .ult-span-text'  data-responsive-json-new='{\"font-size\":\"desktop:13px;\",\"line-height\":\"\"}'  class=\"ult-span-text ult-responsive\" style=\"font-weight:bold;\">Oil &amp; Gas<\/span>\n\t\t\t\t\t\t   \t<span class=\"aio-icon none ult_tab_iconright\" style=\"color:#ffffff;font-size:12px;\">\n\t\t\t\t\t\t   \t<i class=\" Defaults-chevron-right ult_tab_icon\"  ><\/i>\n\t\t\t\t\t\t   <\/span>\n\t\t\t\t\t\t<\/span>\n\t\t\t\t\t   <\/span>\n\n\t\t\t\t\t<\/a>\n\t\t\t\t\t<\/li><li class=\"ult_tab_li   \" data-iconcolor=\"#ffffff\" data-iconhover=\"#ffffff\" style=\"background-color:transparent;border-color:transparent;border-width:0px;border-style:solid;\">\n\t\t\t\t\t<a href=\"#1615803525173-2-9\" id=\"1615803525173-2-9\" style=\"color:#f4f4f4;; padding-top:15px;padding-right:15px;padding-bottom:15px;padding-left:10px;\" class=\"ult_a \">\n\t\t\t\t\t   <span class=\"ult_tab_main  Both \">\n\t\t\t\t\t    <span class=\"ult_tab_section\">\n\t\t\t\t\t  \t\t<span  data-ultimate-target='#advanced-tabs-wrap-1984 .ult-span-text'  data-responsive-json-new='{\"font-size\":\"desktop:13px;\",\"line-height\":\"\"}'  class=\"ult-span-text ult-responsive\" style=\"font-weight:bold;\">Nuclear energy<\/span>\n\t\t\t\t\t\t   \t<span class=\"aio-icon none ult_tab_iconright\" style=\"color:#ffffff;font-size:12px;\">\n\t\t\t\t\t\t   \t<i class=\" Defaults-chevron-right ult_tab_icon\"  ><\/i>\n\t\t\t\t\t\t   <\/span>\n\t\t\t\t\t\t<\/span>\n\t\t\t\t\t   <\/span>\n\n\t\t\t\t\t<\/a>\n\t\t\t\t\t<\/li><li class=\"ult_tab_li   \" data-iconcolor=\"#ffffff\" data-iconhover=\"#ffffff\" style=\"background-color:transparent;border-color:transparent;border-width:0px;border-style:solid;\">\n\t\t\t\t\t<a href=\"#1615809740759-3-5\" id=\"1615809740759-3-5\" style=\"color:#f4f4f4;; padding-top:15px;padding-right:15px;padding-bottom:15px;padding-left:10px;\" class=\"ult_a \">\n\t\t\t\t\t   <span class=\"ult_tab_main  Both \">\n\t\t\t\t\t    <span class=\"ult_tab_section\">\n\t\t\t\t\t  \t\t<span  data-ultimate-target='#advanced-tabs-wrap-1984 .ult-span-text'  data-responsive-json-new='{\"font-size\":\"desktop:13px;\",\"line-height\":\"\"}'  class=\"ult-span-text ult-responsive\" style=\"font-weight:bold;\">Tobacco<\/span>\n\t\t\t\t\t\t   \t<span class=\"aio-icon none ult_tab_iconright\" style=\"color:#ffffff;font-size:12px;\">\n\t\t\t\t\t\t   \t<i class=\" Defaults-chevron-right ult_tab_icon\"  ><\/i>\n\t\t\t\t\t\t   <\/span>\n\t\t\t\t\t\t<\/span>\n\t\t\t\t\t   <\/span>\n\n\t\t\t\t\t<\/a>\n\t\t\t\t\t<\/li><li class=\"ult_tab_li   \" data-iconcolor=\"#ffffff\" data-iconhover=\"#ffffff\" style=\"background-color:transparent;border-color:transparent;border-width:0px;border-style:solid;\">\n\t\t\t\t\t<a href=\"#1615809802128-4-3\" id=\"1615809802128-4-3\" style=\"color:#f4f4f4;; padding-top:15px;padding-right:15px;padding-bottom:15px;padding-left:10px;\" class=\"ult_a \">\n\t\t\t\t\t   <span class=\"ult_tab_main  Both \">\n\t\t\t\t\t    <span class=\"ult_tab_section\">\n\t\t\t\t\t  \t\t<span  data-ultimate-target='#advanced-tabs-wrap-1984 .ult-span-text'  data-responsive-json-new='{\"font-size\":\"desktop:13px;\",\"line-height\":\"\"}'  class=\"ult-span-text ult-responsive\" style=\"font-weight:bold;\">Gambling<\/span>\n\t\t\t\t\t\t   \t<span class=\"aio-icon none ult_tab_iconright\" style=\"color:#ffffff;font-size:12px;\">\n\t\t\t\t\t\t   \t<i class=\" Defaults-chevron-right ult_tab_icon\"  ><\/i>\n\t\t\t\t\t\t   <\/span>\n\t\t\t\t\t\t<\/span>\n\t\t\t\t\t   <\/span>\n\n\t\t\t\t\t<\/a>\n\t\t\t\t\t<\/li><li class=\"ult_tab_li   \" data-iconcolor=\"#ffffff\" data-iconhover=\"#ffffff\" style=\"background-color:transparent;border-color:transparent;border-width:0px;border-style:solid;border-top-right-radius:8px;\">\n\t\t\t\t\t<a href=\"#1615809861361-5-0\" id=\"1615809861361-5-0\" style=\"color:#f4f4f4;; padding-top:15px;padding-right:15px;padding-bottom:15px;padding-left:10px;\" class=\"ult_a \">\n\t\t\t\t\t   <span class=\"ult_tab_main  Both \">\n\t\t\t\t\t    <span class=\"ult_tab_section\">\n\t\t\t\t\t  \t\t<span  data-ultimate-target='#advanced-tabs-wrap-1984 .ult-span-text'  data-responsive-json-new='{\"font-size\":\"desktop:13px;\",\"line-height\":\"\"}'  class=\"ult-span-text ult-responsive\" style=\"font-weight:bold;\">Adult content<\/span>\n\t\t\t\t\t\t   \t<span class=\"aio-icon none ult_tab_iconright\" style=\"color:#ffffff;font-size:12px;\">\n\t\t\t\t\t\t   \t<i class=\" Defaults-chevron-right ult_tab_icon\"  ><\/i>\n\t\t\t\t\t\t   <\/span>\n\t\t\t\t\t\t<\/span>\n\t\t\t\t\t   <\/span>\n\n\t\t\t\t\t<\/a>\n\t\t\t\t\t<\/li><\/ul><div  data-ultimate-target='#advanced-tabs-desc-wrap-5408 .ult_tabcontent .ult_tab_min_contain  p'  data-responsive-json-new='{\"font-size\":\"\",\"line-height\":\"\"}' class=\"ult_tabcontent ult-responsive style1\" style=\"background-color:rgba(244,244,244,0.2);color:#f4f4f4;\"><div class=\"ult_tab_min_contain \" >\n\t\t\t<div  class=\"ult_tabitemname\"  >\n\t\t\t\t[vc_custom_heading text=&#8221;Energy&#8221; font_container=&#8221;tag:div|font_size:12|text_align:left|line_height:15px&#8221; use_theme_fonts=&#8221;yes&#8221; el_class=&#8221;bold&#8221;][vc_custom_heading text=&#8221;COAL&#8221; font_container=&#8221;tag:div|font_size:21|text_align:left|line_height:25px&#8221; use_theme_fonts=&#8221;yes&#8221; el_class=&#8221;bold&#8221; css=&#8221;.vc_custom_1619016424249{margin-bottom: 30px !important;}&#8221;][vc_column_text]Exclusion of mining companies or power producers deriving a significant part of their turnover from thermal coal mining or coal-fired power generation, unless a clear diversification strategy is in place and consistent with a 2\u00b0C \/ below 2\u00b0C scenario and ideally validated by the Science Based Target (SBT) Initiatives.[\/vc_column_text]\n\t\t\t<\/div>\n\t\t\t<div  class=\"ult_tabitemname\"  >\n\t\t\t\t[vc_custom_heading text=&#8221;Energy&#8221; font_container=&#8221;tag:div|font_size:12|text_align:left|line_height:15px&#8221; use_theme_fonts=&#8221;yes&#8221; el_class=&#8221;bold&#8221;][vc_custom_heading text=&#8221;OIL &amp; GAS&#8221; font_container=&#8221;tag:div|font_size:21|text_align:left|line_height:25px&#8221; use_theme_fonts=&#8221;yes&#8221; el_class=&#8221;bold&#8221; css=&#8221;.vc_custom_1772795386680{margin-bottom: 30px !important;}&#8221;][vc_column_text]Exclusion of unconventional gas companies (shale gas, shale oil and oil sands) and the oil sector, starting with the most controversial techniques given their negative impact on the environment.[\/vc_column_text]\n\t\t\t<\/div>\n\t\t\t<div  class=\"ult_tabitemname\"  >\n\t\t\t\t[vc_custom_heading text=&#8221;Energy&#8221; font_container=&#8221;tag:div|font_size:12|text_align:left|line_height:15px&#8221; use_theme_fonts=&#8221;yes&#8221; el_class=&#8221;bold&#8221;][vc_custom_heading text=&#8221;NUCLEAR ENERGY&#8221; font_container=&#8221;tag:div|font_size:21|text_align:left|line_height:25px&#8221; use_theme_fonts=&#8221;yes&#8221; el_class=&#8221;bold&#8221; css=&#8221;.vc_custom_1619016576146{margin-bottom: 30px !important;}&#8221;][vc_column_text]<strong>Exclusion of nuclear power producers:<\/strong> analysis of the strategies of the players in the nuclear sector on a case-by-case basis.<\/p>\n<p><strong>A minimum level of &#8220;safety&#8221;<\/strong> (Maintaining the integrity of mechanisms, processes, tools or instruments containing radioactive material) and nuclear &#8220;<strong>security<\/strong>&#8221; (protecting people and the environment against malicious acts such as theft, detour or sabotage) are required.[\/vc_column_text]\n\t\t\t<\/div>\n\t\t\t<div  class=\"ult_tabitemname\"  >\n\t\t\t\t[vc_custom_heading text=&#8221;Health &amp; Addiction&#8221; font_container=&#8221;tag:div|font_size:12|text_align:left|line_height:15px&#8221; use_theme_fonts=&#8221;yes&#8221; el_class=&#8221;bold&#8221;][vc_custom_heading text=&#8221;TOBACCO&#8221; font_container=&#8221;tag:div|font_size:21|text_align:left|line_height:25px&#8221; use_theme_fonts=&#8221;yes&#8221; el_class=&#8221;bold&#8221; css=&#8221;.vc_custom_1619016656805{margin-bottom: 30px !important;}&#8221;][vc_column_text]<\/p>\n<ul>\n<li><strong>Exclusion of the tobacco industry:<\/strong> including manufacturers and wholesalers of cigarettes, tobacco, electronic cigarettes and related products<\/li>\n<li><strong>Exclusion of tobacco leaf growers<\/strong><\/li>\n<\/ul>\n<p>[\/vc_column_text]\n\t\t\t<\/div>\n\t\t\t<div  class=\"ult_tabitemname\"  >\n\t\t\t\t[vc_custom_heading text=&#8221;Health &amp; Addiction&#8221; font_container=&#8221;tag:div|font_size:12|text_align:left|line_height:15px&#8221; use_theme_fonts=&#8221;yes&#8221; el_class=&#8221;bold&#8221;][vc_custom_heading text=&#8221;GAMBLING&#8221; font_container=&#8221;tag:div|font_size:21|text_align:left|line_height:25px&#8221; use_theme_fonts=&#8221;yes&#8221; el_class=&#8221;bold&#8221; css=&#8221;.vc_custom_1619016732756{margin-bottom: 30px !important;}&#8221;][vc_column_text]<\/p>\n<ul>\n<li><strong>Exclusion from the gambling industry:<\/strong> Any business offering gambling or gambling of chance, whether offline or online.<\/li>\n<li><strong>Exclusion of companies involved in the gambling industry:<\/strong> printers, distributors, service companies, etc. that generate more than 10% of their turnover from key players in the gambling industry.<\/li>\n<\/ul>\n<p>[\/vc_column_text]\n\t\t\t<\/div>\n\t\t\t<div  class=\"ult_tabitemname\"  >\n\t\t\t\t[vc_custom_heading text=&#8221;Health &amp; Addiction&#8221; font_container=&#8221;tag:div|font_size:12|text_align:left|line_height:15px&#8221; use_theme_fonts=&#8221;yes&#8221; el_class=&#8221;bold&#8221;][vc_custom_heading text=&#8221;ADULT CONTENT&#8221; font_container=&#8221;tag:div|font_size:21|text_align:left|line_height:25px&#8221; use_theme_fonts=&#8221;yes&#8221; el_class=&#8221;bold&#8221; css=&#8221;.vc_custom_1619016803315{margin-bottom: 30px !important;}&#8221;][vc_column_text]<\/p>\n<ul>\n<li><strong>Exclusion<\/strong> of any company producing sexually explicit content.<\/li>\n<li><strong>Exclusion according to the precautionary principle<\/strong> of all intermediaries between the producer and the final viewer or reader.<\/li>\n<\/ul>\n<p>[\/vc_column_text]\n\t\t\t<\/div><\/div><\/div><\/div><div class=\"ult_acord advanced-tabs-desc-wrap-5408\">\n   <div class=\"ult-tabto-accordion \" style=\"width:;\"\n    data-titlecolor=\"#f4f4f4\"  data-titlebg=\"transparent\"\n     data-titlehoverbg=\"transparent\" data-titlehovercolor=\"#f4f4f4\" data-animation=\"None\"\n     data-activetitle=\"#f4f4f4\" data-activeicon=\"#ffffff\" data-activebg=\"rgba(255,255,255,0.2)\" data-scroll = \"on\" data-activeindex=\"1\" >\n     <dl><dt class=\"\">\n        \t<a class=\"ult-tabto-actitle withBorder ult_a\" id=\"1615803250815-1\" style=\"color:#f4f4f4;;background-color:transparent;border-bottom-color:transparent;border-bottom-width:0px;border-bottom-style:solid;\" href=\"#1615803250815-1\">\n        \t\t<i class=\"accordion-icon\"><\/i>\n        \t\t\t<span class=\"ult_tab_main ult_ac_mainBoth\">\n\t\t\t\t\t   <span  data-ultimate-target='#advanced-tabs-wrap-1984 .ult-span-text'  data-responsive-json-new='{\"font-size\":\"desktop:13px;\",\"line-height\":\"\"}'  class=\"ult-span-text ult_acordian-text ult-responsive\" style=\"font-weight:bold;;color:inherit \" >Coal<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t   <div class=\"aio-icon none \" style=\"color:#ffffff;font-size:12px;\" data-iconcolor=\"#ffffff\" data-iconhover=\"#ffffff\">\n\t\t\t\t\t   <i class=\"  Defaults-chevron-right ult_tab_icon\"  ><\/i>\n\t\t\t\t\t   <\/div>\n\t\t\t\t\t<\/a><\/dt>\n            \t\t<dd class=\"ult-tabto-accordionItem ult-tabto-accolapsed\">\n\t\t\t            <div class=\"ult-tabto-acontent\" style=\"background-color:rgba(244,244,244,0.2);color:#f4f4f4;\">\n\t\t\t               [vc_custom_heading text=&#8221;Energy&#8221; font_container=&#8221;tag:div|font_size:12|text_align:left|line_height:15px&#8221; use_theme_fonts=&#8221;yes&#8221; el_class=&#8221;bold&#8221;][vc_custom_heading text=&#8221;COAL&#8221; font_container=&#8221;tag:div|font_size:21|text_align:left|line_height:25px&#8221; use_theme_fonts=&#8221;yes&#8221; el_class=&#8221;bold&#8221; css=&#8221;.vc_custom_1619016424249{margin-bottom: 30px !important;}&#8221;][vc_column_text]Exclusion of mining companies or power producers deriving a significant part of their turnover from thermal coal mining or coal-fired power generation, unless a clear diversification strategy is in place and consistent with a 2\u00b0C \/ below 2\u00b0C scenario and ideally validated by the Science Based Target (SBT) Initiatives.[\/vc_column_text]\n\t\t\t            <\/div>\n        \t<\/dd><dt class=\"\">\n        \t<a class=\"ult-tabto-actitle withBorder ult_a\" id=\"1615803250885-10\" style=\"color:#f4f4f4;;background-color:transparent;border-bottom-color:transparent;border-bottom-width:0px;border-bottom-style:solid;border-bottom-color:transparent;border-bottom-width:0px;border-bottom-style:solid;\" href=\"#1615803250885-10\">\n        \t\t<i class=\"accordion-icon\"><\/i>\n        \t\t\t<span class=\"ult_tab_main ult_ac_mainBoth\">\n\t\t\t\t\t   <span  data-ultimate-target='#advanced-tabs-wrap-1984 .ult-span-text'  data-responsive-json-new='{\"font-size\":\"desktop:13px;\",\"line-height\":\"\"}'  class=\"ult-span-text ult_acordian-text ult-responsive\" style=\"font-weight:bold;;color:inherit \" >Oil &amp; Gas<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t   <div class=\"aio-icon none \" style=\"color:#ffffff;font-size:12px;\" data-iconcolor=\"#ffffff\" data-iconhover=\"#ffffff\">\n\t\t\t\t\t   <i class=\"  Defaults-chevron-right ult_tab_icon\"  ><\/i>\n\t\t\t\t\t   <\/div>\n\t\t\t\t\t<\/a><\/dt>\n            \t\t<dd class=\"ult-tabto-accordionItem ult-tabto-accolapsed\">\n\t\t\t            <div class=\"ult-tabto-acontent\" style=\"background-color:rgba(244,244,244,0.2);color:#f4f4f4;\">\n\t\t\t               [vc_custom_heading text=&#8221;Energy&#8221; font_container=&#8221;tag:div|font_size:12|text_align:left|line_height:15px&#8221; use_theme_fonts=&#8221;yes&#8221; el_class=&#8221;bold&#8221;][vc_custom_heading text=&#8221;OIL &amp; GAS&#8221; font_container=&#8221;tag:div|font_size:21|text_align:left|line_height:25px&#8221; use_theme_fonts=&#8221;yes&#8221; el_class=&#8221;bold&#8221; css=&#8221;.vc_custom_1772795386680{margin-bottom: 30px !important;}&#8221;][vc_column_text]Exclusion of unconventional gas companies (shale gas, shale oil and oil sands) and the oil sector, starting with the most controversial techniques given their negative impact on the environment.[\/vc_column_text]\n\t\t\t            <\/div>\n        \t<\/dd><dt class=\"\">\n        \t<a class=\"ult-tabto-actitle withBorder ult_a\" id=\"1615803525173-2-9\" style=\"color:#f4f4f4;;background-color:transparent;border-bottom-color:transparent;border-bottom-width:0px;border-bottom-style:solid;border-bottom-color:transparent;border-bottom-width:0px;border-bottom-style:solid;border-bottom-color:transparent;border-bottom-width:0px;border-bottom-style:solid;\" href=\"#1615803525173-2-9\">\n        \t\t<i class=\"accordion-icon\"><\/i>\n        \t\t\t<span class=\"ult_tab_main ult_ac_mainBoth\">\n\t\t\t\t\t   <span  data-ultimate-target='#advanced-tabs-wrap-1984 .ult-span-text'  data-responsive-json-new='{\"font-size\":\"desktop:13px;\",\"line-height\":\"\"}'  class=\"ult-span-text ult_acordian-text ult-responsive\" style=\"font-weight:bold;;color:inherit \" >Nuclear energy<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t   <div class=\"aio-icon none \" style=\"color:#ffffff;font-size:12px;\" data-iconcolor=\"#ffffff\" data-iconhover=\"#ffffff\">\n\t\t\t\t\t   <i class=\"  Defaults-chevron-right ult_tab_icon\"  ><\/i>\n\t\t\t\t\t   <\/div>\n\t\t\t\t\t<\/a><\/dt>\n            \t\t<dd class=\"ult-tabto-accordionItem ult-tabto-accolapsed\">\n\t\t\t            <div class=\"ult-tabto-acontent\" style=\"background-color:rgba(244,244,244,0.2);color:#f4f4f4;\">\n\t\t\t               [vc_custom_heading text=&#8221;Energy&#8221; font_container=&#8221;tag:div|font_size:12|text_align:left|line_height:15px&#8221; use_theme_fonts=&#8221;yes&#8221; el_class=&#8221;bold&#8221;][vc_custom_heading text=&#8221;NUCLEAR ENERGY&#8221; font_container=&#8221;tag:div|font_size:21|text_align:left|line_height:25px&#8221; use_theme_fonts=&#8221;yes&#8221; el_class=&#8221;bold&#8221; css=&#8221;.vc_custom_1619016576146{margin-bottom: 30px !important;}&#8221;][vc_column_text]<strong>Exclusion of nuclear power producers:<\/strong> analysis of the strategies of the players in the nuclear sector on a case-by-case basis.<\/p>\n<p><strong>A minimum level of &#8220;safety&#8221;<\/strong> (Maintaining the integrity of mechanisms, processes, tools or instruments containing radioactive material) and nuclear &#8220;<strong>security<\/strong>&#8221; (protecting people and the environment against malicious acts such as theft, detour or sabotage) are required.[\/vc_column_text]\n\t\t\t            <\/div>\n        \t<\/dd><dt class=\"\">\n        \t<a class=\"ult-tabto-actitle withBorder ult_a\" id=\"1615809740759-3-5\" style=\"color:#f4f4f4;;background-color:transparent;border-bottom-color:transparent;border-bottom-width:0px;border-bottom-style:solid;border-bottom-color:transparent;border-bottom-width:0px;border-bottom-style:solid;border-bottom-color:transparent;border-bottom-width:0px;border-bottom-style:solid;border-bottom-color:transparent;border-bottom-width:0px;border-bottom-style:solid;\" href=\"#1615809740759-3-5\">\n        \t\t<i class=\"accordion-icon\"><\/i>\n        \t\t\t<span class=\"ult_tab_main ult_ac_mainBoth\">\n\t\t\t\t\t   <span  data-ultimate-target='#advanced-tabs-wrap-1984 .ult-span-text'  data-responsive-json-new='{\"font-size\":\"desktop:13px;\",\"line-height\":\"\"}'  class=\"ult-span-text ult_acordian-text ult-responsive\" style=\"font-weight:bold;;color:inherit \" >Tobacco<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t   <div class=\"aio-icon none \" style=\"color:#ffffff;font-size:12px;\" data-iconcolor=\"#ffffff\" data-iconhover=\"#ffffff\">\n\t\t\t\t\t   <i class=\"  Defaults-chevron-right ult_tab_icon\"  ><\/i>\n\t\t\t\t\t   <\/div>\n\t\t\t\t\t<\/a><\/dt>\n            \t\t<dd class=\"ult-tabto-accordionItem ult-tabto-accolapsed\">\n\t\t\t            <div class=\"ult-tabto-acontent\" style=\"background-color:rgba(244,244,244,0.2);color:#f4f4f4;\">\n\t\t\t               [vc_custom_heading text=&#8221;Health &amp; Addiction&#8221; font_container=&#8221;tag:div|font_size:12|text_align:left|line_height:15px&#8221; use_theme_fonts=&#8221;yes&#8221; el_class=&#8221;bold&#8221;][vc_custom_heading text=&#8221;TOBACCO&#8221; font_container=&#8221;tag:div|font_size:21|text_align:left|line_height:25px&#8221; use_theme_fonts=&#8221;yes&#8221; el_class=&#8221;bold&#8221; css=&#8221;.vc_custom_1619016656805{margin-bottom: 30px !important;}&#8221;][vc_column_text]<\/p>\n<ul>\n<li><strong>Exclusion of the tobacco industry:<\/strong> including manufacturers and wholesalers of cigarettes, tobacco, electronic cigarettes and related products<\/li>\n<li><strong>Exclusion of tobacco leaf growers<\/strong><\/li>\n<\/ul>\n<p>[\/vc_column_text]\n\t\t\t            <\/div>\n        \t<\/dd><dt class=\"\">\n        \t<a class=\"ult-tabto-actitle withBorder ult_a\" id=\"1615809802128-4-3\" style=\"color:#f4f4f4;;background-color:transparent;border-bottom-color:transparent;border-bottom-width:0px;border-bottom-style:solid;border-bottom-color:transparent;border-bottom-width:0px;border-bottom-style:solid;border-bottom-color:transparent;border-bottom-width:0px;border-bottom-style:solid;border-bottom-color:transparent;border-bottom-width:0px;border-bottom-style:solid;border-bottom-color:transparent;border-bottom-width:0px;border-bottom-style:solid;\" href=\"#1615809802128-4-3\">\n        \t\t<i class=\"accordion-icon\"><\/i>\n        \t\t\t<span class=\"ult_tab_main ult_ac_mainBoth\">\n\t\t\t\t\t   <span  data-ultimate-target='#advanced-tabs-wrap-1984 .ult-span-text'  data-responsive-json-new='{\"font-size\":\"desktop:13px;\",\"line-height\":\"\"}'  class=\"ult-span-text ult_acordian-text ult-responsive\" style=\"font-weight:bold;;color:inherit \" >Gambling<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t   <div class=\"aio-icon none \" style=\"color:#ffffff;font-size:12px;\" data-iconcolor=\"#ffffff\" data-iconhover=\"#ffffff\">\n\t\t\t\t\t   <i class=\"  Defaults-chevron-right ult_tab_icon\"  ><\/i>\n\t\t\t\t\t   <\/div>\n\t\t\t\t\t<\/a><\/dt>\n            \t\t<dd class=\"ult-tabto-accordionItem ult-tabto-accolapsed\">\n\t\t\t            <div class=\"ult-tabto-acontent\" style=\"background-color:rgba(244,244,244,0.2);color:#f4f4f4;\">\n\t\t\t               [vc_custom_heading text=&#8221;Health &amp; Addiction&#8221; font_container=&#8221;tag:div|font_size:12|text_align:left|line_height:15px&#8221; use_theme_fonts=&#8221;yes&#8221; el_class=&#8221;bold&#8221;][vc_custom_heading text=&#8221;GAMBLING&#8221; font_container=&#8221;tag:div|font_size:21|text_align:left|line_height:25px&#8221; use_theme_fonts=&#8221;yes&#8221; el_class=&#8221;bold&#8221; css=&#8221;.vc_custom_1619016732756{margin-bottom: 30px !important;}&#8221;][vc_column_text]<\/p>\n<ul>\n<li><strong>Exclusion from the gambling industry:<\/strong> Any business offering gambling or gambling of chance, whether offline or online.<\/li>\n<li><strong>Exclusion of companies involved in the gambling industry:<\/strong> printers, distributors, service companies, etc. that generate more than 10% of their turnover from key players in the gambling industry.<\/li>\n<\/ul>\n<p>[\/vc_column_text]\n\t\t\t            <\/div>\n        \t<\/dd><dt class=\"\">\n        \t<a class=\"ult-tabto-actitle withBorder ult_a\" id=\"1615809861361-5-0\" style=\"color:#f4f4f4;;background-color:transparent;border-bottom-color:transparent;border-bottom-width:0px;border-bottom-style:solid;border-bottom-color:transparent;border-bottom-width:0px;border-bottom-style:solid;border-bottom-color:transparent;border-bottom-width:0px;border-bottom-style:solid;border-bottom-color:transparent;border-bottom-width:0px;border-bottom-style:solid;border-bottom-color:transparent;border-bottom-width:0px;border-bottom-style:solid;border-bottom-color:transparent;border-bottom-width:0px;border-bottom-style:solid;\" href=\"#1615809861361-5-0\">\n        \t\t<i class=\"accordion-icon\"><\/i>\n        \t\t\t<span class=\"ult_tab_main ult_ac_mainBoth\">\n\t\t\t\t\t   <span  data-ultimate-target='#advanced-tabs-wrap-1984 .ult-span-text'  data-responsive-json-new='{\"font-size\":\"desktop:13px;\",\"line-height\":\"\"}'  class=\"ult-span-text ult_acordian-text ult-responsive\" style=\"font-weight:bold;;color:inherit \" >Adult content<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t   <div class=\"aio-icon none \" style=\"color:#ffffff;font-size:12px;\" data-iconcolor=\"#ffffff\" data-iconhover=\"#ffffff\">\n\t\t\t\t\t   <i class=\"  Defaults-chevron-right ult_tab_icon\"  ><\/i>\n\t\t\t\t\t   <\/div>\n\t\t\t\t\t<\/a><\/dt>\n            \t\t<dd class=\"ult-tabto-accordionItem ult-tabto-accolapsed\">\n\t\t\t            <div class=\"ult-tabto-acontent\" style=\"background-color:rgba(244,244,244,0.2);color:#f4f4f4;\">\n\t\t\t               [vc_custom_heading text=&#8221;Health &amp; Addiction&#8221; font_container=&#8221;tag:div|font_size:12|text_align:left|line_height:15px&#8221; use_theme_fonts=&#8221;yes&#8221; el_class=&#8221;bold&#8221;][vc_custom_heading text=&#8221;ADULT CONTENT&#8221; font_container=&#8221;tag:div|font_size:21|text_align:left|line_height:25px&#8221; use_theme_fonts=&#8221;yes&#8221; el_class=&#8221;bold&#8221; css=&#8221;.vc_custom_1619016803315{margin-bottom: 30px !important;}&#8221;][vc_column_text]<\/p>\n<ul>\n<li><strong>Exclusion<\/strong> of any company producing sexually explicit content.<\/li>\n<li><strong>Exclusion according to the precautionary principle<\/strong> of all intermediaries between the producer and the final viewer or reader.<\/li>\n<\/ul>\n<p>[\/vc_column_text]\n\t\t\t            <\/div>\n        \t<\/dd>\n    \t<\/dl>\n    <!--<div class=\"extraborder\" style=\"background-color:transparent\"><\/div>-->\n<\/div>\n\n<\/div>[vc_btn title=&#8221;Learn more about our approach and methodology for regulatory, normative and sector exclusion (French)&#8221; style=&#8221;custom&#8221; custom_background=&#8221;&#8221; custom_text=&#8221;#f4f4f4&#8243; shape=&#8221;square&#8221; align=&#8221;right&#8221; i_align=&#8221;right&#8221; i_icon_fontawesome=&#8221;fas fa-angle-right&#8221; add_icon=&#8221;true&#8221; link=&#8221;url:https%3A%2F%2Fwww.homacapital.fr%2Fwp-content%2Fuploads%2F2026%2F03%2FHOMACAPITAL_PolitiqueExclusion-2026-03-06-1.pdf&#8221; el_class=&#8221;homa-button&#8221; css=&#8221;.vc_custom_1772795915625{margin-top: 25px !important;}&#8221;][vc_btn title=&#8221;Exclusion list as of `{`March, 5th 2025`}`&#8221; style=&#8221;custom&#8221; custom_background=&#8221;&#8221; custom_text=&#8221;#f4f4f4&#8243; shape=&#8221;square&#8221; align=&#8221;right&#8221; i_align=&#8221;right&#8221; i_icon_fontawesome=&#8221;fas fa-angle-right&#8221; add_icon=&#8221;true&#8221; link=&#8221;url:https%3A%2F%2Fwww.homacapital.fr%2Fwp-content%2Fuploads%2F2025%2F03%2FHOMACAPITAL_ListeExclusion-2025-03-05.pdf&#8221; el_class=&#8221;homa-button&#8221; css=&#8221;.vc_custom_1741190373156{margin-top: 25px !important;}&#8221;][\/vc_column][\/vc_row][vc_row css=&#8221;.vc_custom_1615817852180{margin-top: 50px !important;margin-bottom: 80px !important;padding-top: 70px !important;padding-right: 5% !important;padding-left: 5% !important;}&#8221;][vc_column width=&#8221;1\/3&#8243; css=&#8221;.vc_custom_1612781637864{padding-top: 0px !important;padding-right: 20% !important;}&#8221;][vc_custom_heading text=&#8221;Homa Capital&#8221; font_container=&#8221;tag:div|font_size:16px|text_align:left|color:%23030508&#8243; use_theme_fonts=&#8221;yes&#8221; el_class=&#8221;subtitle&#8221;][vc_custom_heading text=&#8221;Is committed to&#8230;&#8221; use_theme_fonts=&#8221;yes&#8221;][\/vc_column][vc_column width=&#8221;2\/3&#8243;][vc_column_text]<\/p>\n<ul>\n<li><strong>Apply<\/strong> its policy to all open funds for which it takes investment decisions. We will not knowingly hold securities of companies which have been identified as breaching the principles set out in this policy.<\/li>\n<\/ul>\n<ul>\n<li><strong>Encourage<\/strong> our clients to implement this policy within their dedicated funds and\/or mandates managed by HOMA Capital.<\/li>\n<\/ul>\n<p><strong>Due to their specificities, the following investment solutions are excluded from the application scope:<\/strong><\/p>\n<p><em>Fund of funds\u00a0(FOF)<\/em><\/p>\n<p><em>Index-based investment solutions<\/em>[\/vc_column_text][vc_separator][vc_column_text]As a signatory to the PRI, HOMA CAPITAL publishes an annual report assessing its ESG practices.<\/p>\n<p>\u2666 Full transparency report : <a href=\"https:\/\/www.homacapital.fr\/wp-content\/uploads\/2024\/12\/2024-Public-Full-Transparency-Report-HOMA-CAPITAL.pdf\">2024 Full Transparency Report<\/a><\/p>\n<p>\u2666 Assessment report : <a href=\"https:\/\/www.homacapital.fr\/wp-content\/uploads\/2024\/12\/2024-Private-Assessment-Report-HOMA-CAPITAL.pdf\">2024 Assessment Report<\/a>[\/vc_column_text][\/vc_column][\/vc_row]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[vc_row full_width=&#8221;stretch_row&#8221; content_placement=&#8221;middle&#8221; css=&#8221;.vc_custom_1615556960654{background-image: url(https:\/\/www.homacapital.fr\/wp-content\/uploads\/2021\/03\/header_esg-banner.jpg?id=7344) !important;background-position: center !important;background-repeat: no-repeat !important;background-size: cover !important;}&#8221; el_class=&#8221;banner-page-content&#8221;][vc_column css=&#8221;.vc_custom_1612777015610{padding-right: 10% [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":7617,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"open","template":"","meta":{"footnotes":""},"class_list":["post-7649","page","type-page","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.2.1 - 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