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Guidelines and Exclusions

ESG standards

Standard settings in many ways informs how we practice active ownership.

DNB's Instruction for Responsible Investments ensures that our investments are aligned with international norms and standards, and defines which products and services we do not tolerate.

ESG standards

Our company exclusions

Companies that are in breach with our Instruction for Responsible Investments, and which show unwillingness to change, may be excluded from our investment universe.

The exclusion list was last updated on 19.03.24

Excluded companies per 19.03.24