The fund database / -navigator enables you to select the funds according to your own economic, social, ecological and ethical criteria.
In Germany, Austria and Switzerland, approx. 400 mutual funds are offered that practice ESG-, SRI- or other types of ethical, social, environmental or sustainable asset screening and selection. All these funds state to consider specific environmental, social and governance criteria in the selection of stocks as well as corporate and government bonds. The diversity of funds stands for the variety of concepts and definitions of sustainable, ethical or environmental investment.
The fund database of www.sustainable-investment.org lists and profiles all these funds licensed for the German-speaking markets (Austria, Germany, Switzerland). As publisher of the platform, the Sustainable Business Institute (SBI) does not assess the sustainability of the funds. The information is based on both the factsheets and brochures of the funds and is matched, as far as possible, with the investment companies. Neither the fund managers nor the Sustainable Business Institute (SBI) give a guarantee that the companies and countries actually meet the relevant criteria.
The fund database is updated on a daily basis.
Search functions of the navigator
To retrieve individual funds, you can select the fund (under Search, see above) directly or define specific criteria in the fund database / -navigator.
The new navigator for funds allows searching for funds based on conventional financial investment criteria as well as 34 qualitative criteria.
The conventional financial criteria include, inter alia, fund types (equity funds, funds of funds, balanced mutual funds, pension funds, etc.), financial performance, largest region, fund volumes.
The qualitative criteria selection includes 26 negative criteria solely for business practices and types of business, and 8 others for countries. These criteria include, for example, violations of the OECD Guidelines for Multinational Enterprises, the non-ratification of important conventions or avoiding investments in fossil fuels (see the list of negative criteria below).
These qualitative criteria are meta-criteria. They synthesize 140 fund-specific environmental, social and governance criteria. The variety of often very similar terms (for example, nuclear power plants, operation of characteristic power plants, nuclear energy, nuclear technology, uranium mines/uranium processing facilities (ownership or operation) etc.) has hindered comparability of funds.
The fund navigator structures the qualitative criteria according to environmental, social and governance criteria for stocks and corporate and government bonds.
Criteria for stocks and corporate include a range of business practices and types of business, whose reduction, avoidance or exclusion is seen as vital by fund managers and their clients (negative criteria). Business practices, for example, include violations of the OECD Guidelines for Multinational Enterprises, the UN Global Compact and ILO Protocol, as well as human rights violations. Types of business include for example chlorine and agrochemicals, fossil energies, genetic engineering, nuclear energy and weapons industry.
Criteria for government bonds include, inter alia, the non-ratification of the Basel Convention and the Kyoto Protocol, violations of the Geneva Convention and the Convention on Biological Diversity, and the exclusion of countries where the death penalty is enforced.
Analysts and fund managers assess industries, companies and countries according to these criteria. Depending on the fund concept, they combine the criteria in specific ways, and seek, inter alia, to exclude investments in companies with certain business practices or types of business.
Negative criteria stocks and bonds (34 criteria)
1. Negative criteria for stocks and corporate bonds (26 criteria)
Structured according to environmental, social and governance criteria (ESG):
Negative criteria: governance (2 criteria)
Violations of OECD Guidelines for Multinational Enterprises, violations of the UN Global Compact.
Negative criteria: environment (12 criteria)
Agribusiness, automobile industry, biotechnology, chlorine or agrochemicals (e.g. biocides), fossil energies, genetic engineering, genetic engineering (agriculture), nuclear power, long-lasting harmful organic substances, aviation (industry), unsustainable fishery, unsustainable forestry.
Negative criteria: social (12 criteria)
Exploitation of animals, birth control, gambling, non-Islamic financial services and products, fur industry, pornography, genetic engineering (medicine), alcohol and / or other drugs, violations of human rights, violations of the ILO protocol, violations of social law and/or consumer protection law, weapons/armaments.
Structured according to business practices and types of business:
Negative criteria for business practices (5 criteria)
Violations of OECD Guidelines for Multinational Enterprises, violations of the UN Global Compact, violations of human rights, violations of the ILO protocol, violations of social law and/or consumer protection law.
Negative criteria for types of business (21 criteria)
Agribusiness, exploitation of animals, automobile industry, chlorine and agrochemicals (e.g. biocides), fossil energies, birth control, genetic engineering, gambling, genetic engineering (agriculture), genetic engineering (medicine), nuclear energy, long-lasting harmful organic substances, aviation (industry), non-Islamic financial services and products, unsustainable fishery, unsustainable forestry, fur industry, pornography, dependence causing substances, weapons/armaments.
2. Negative criteria for government bonds (8 criteria)
Non-ratification of the Basel Convention, non-ratification of the Cartagena Protocol, non-ratification of the Kyoto Protocol, death penalty, violations of the Geneva Convention, violations of democratic and political basic rights, violations of non-proliferation treaties, violations of the Biodiversity Convention.