Ausbil's fund management strategy includes exclusion criteria for its investment portfolio, ensuring it avoids investing in companies involved in activities deemed harmful or controversial. It fully excludes companies earning any revenue from tobacco or e-cigarette production, as well as those involved in manufacturing controversial weapons or their critical components. Beyond these exclusions, Ausbil applies a threshold for partial exclusions, refraining from investing in companies that derive more than 10% of their earnings from a range of specified activities. These include the distribution of tobacco and tobacco-based products, alcohol products' manufacture, distribution, or retailing, and the broader arms industry covering conventional armaments' production, trade, testing, and maintenance. The Fund also avoids companies involved in fossil fuels exploration, mining, or distribution, and those implicated in human rights violations or exhibiting inadequate risk management in this area. Additional sectors facing investment restrictions include old growth forest logging, non-RSPO palm oil production, excessive animal testing beyond healthcare regulatory requirements, live animal exports, gambling services, uranium extraction or refinement, and the production or distribution of pornography.

ESG integration is defined by Ausbil as the active ownership and engagement on ESG issues, and better-informed investment decisions, which can lead to better investment outcomes. Ausbil actively integrates ESG in investment decision making, in selecting and rejecting investments, in ongoing active engagement and in actively voting at company meetings. Ausbil engages with investee companies on a wide range of Environmental, Social and Governance factors, including various industry-specific or company-specific ESG factors, with the aim of promoting industry best practices. ESG-related engagement is predominantly undertaken directly with companies. 

Ausbil is a signatory to the Principles for Responsible Investment (PRI).