At Schroders, we fully support the international conventions on cluster munitions, anti-personnel mines, and chemical and biological weapons. We will never knowingly hold any security that is involved in the production, stockpiling, transfer and use of these weapons. These restrictions apply across all Schroders funds. The list of excluded companies is below.
Coal is a major contributor to atmospheric greenhouse gas emissions and companies directly exposed to that fuel face growing social and political pressures as a result. In order to protect the value of our clients’ investments, our policy is to exclude companies which generate more than 20% of their revenues from thermal coal mining. Schroders will apply this policy to all Schroders funds that we directly manage. This will apply to companies globally except companies with a corporate domicile or primary listing in Indonesia, for which the same criteria will apply from 1 January 2026.
Individual funds may exclude certain other securities for various reasons. If these offerings don’t fit with your requirements, we are happy to manage segregated accounts that are tailored to your preferences with explicit exclusion lists.
Company Name |
Country |
Anhui Great Wall Military Industry Co Ltd |
China |
Anhui Military Industry Group Holding |
China |
Aryt Industries |
Israel |
Avibras |
Brazil |
Bharat Dynamics Ltd |
India |
China Aerospace Science and Technology |
China |
China Aerospace Science and Industry |
China |
China North Industries Group Corp (Norinco) |
China |
Hanwha Corporation |
Korea |
LIG Nex1 |
South Korea |
Motovilikha Plants JSC |
Russia |
National Presto Industries Inc |
United States |
Poongsan Corporation |
South Korea |
Poongsan Holdings Corp. |
South Korea |
Premier Explosives Ltd |
India |
Roketsan |
Turkey |
Sichuan Academy of Aerospace Technology |
China |
SNT Dynamics Co Ltd |
South Korea |
SNT Holdings Co Ltd |
South Korea |
Splav State Research |
Russia |
Schroders is a world-class asset manager operating from 38 locations across Europe, the Americas, Asia, the Middle East and Africa.
For any further questions, please contact us.
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