Our Impact Investment Standards
have two fundamental goals:

Universal Human Dignity
We seek investments that promote universal values of fairness, equality, justice, and respect for human rights.

Ecological Sustainability
We seek investments that promote long-term environmental sustainability, including climate change mitigation and adaptation.

We evaluate companies on two levels: the degree to which their businesses are aligned with our goals of universal human dignity and ecological sustainability, and the strength of their stakeholder relations. We seek to invest in business models that create solutions for social and environmental challenges and provide access to the underserved.

Fixed-income investments are particularly well suited for addressing a wide range of economic disparities in our society. For non-corporate fixed-income, we look to address a broad range of issues, including affordable housing, education, economic development, health care, and the environment.

There are certain lines of business that we believe are fundamentally misaligned with our goals of universal human dignity and ecological sustainability. We apply the following exclusionary screens across all our funds:

• Weapons and firearms
• Nuclear
• Oil
• Natural Gas
• Coal mining
• Tobacco
• Alcohol
• Gambling