In the context of its sustainable investor policy, FDC has just approved an update of companies excluded for investment.
Observations and changes with regard to the previous exclusion list dated February 2024:
- Following 6 companies have been added as exclusions: China Evergrande Group, China Evergrande New Energy Vehicle Group Ltd., Evergrande Property Services Group Ltd., Sinopec Engineering (Group) Co., Ltd., Sinopec Oilfield Service Corp. as well as The Toronto Dominion Bank.
- Following 2 companies are no longer excluded while being now listed on the observation list: Mattel, Inc and Wells Fargo & Co.
- Following 16 companies do no longer fulfil the Board of Directors' internally defined assessment criteria in relation to companies directly involved, indirectly involved through corporate ownership or at risk of involvement and are thus no longer excluded: 4iG Nyrt., Bolloré SE, Brookfield Renewable Energy Partners LP, Compagnie de l'Odet SE, Compagnie du Cambodge SA, GCM Resources, Hensoldt AG, ICL Group Ltd., La Forestière Équatoriale SA, Rheinmetall AG, Siemens Energy AG, Socfinaf SA, Socfinasia SA, Société de Caoutchoucs de Grand-Bereby, Société Financière des Caoutchoucs SA and The Okomu Oil Palm Co. Plc.
- Following 2 companies are no longer listed as reclassified as private companies and thus no longer included in FDC's allowed investment universe: Stark Corp. Public Co. Ltd. and VK Co., Ltd.
In that way, 123 companies are currently excluded and ineligible for investment.
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