The Fund does not invest in companies that derive any revenue from tobacco production, or have any ties to nuclear and controversial weapons, or fossil fuels, such as oil, gas, or coal. It does not invest in companies that derive more than 5% of their revenues from tobacco-related business activities, or that derive more than 10% of their revenues from core business activities involving alcohol, gambling, adult entertainment, or weapons and civilian firearms. 

The Fund will also exclude investments in any company that has as its Global Industry Classification Standard: energy, construction materials, utilities (excluding renewable electricity and water utilities) and/or metals and mining, or for which GHG emissions intensity estimates are not and/or cannot be estimated.

Environmental, Social and Governance (ESG) considerations are a fundamental and integrated part of the investment process. SGH is committed to embed ESG considerations into its investment decision practices where the timeframe incorporated in the investment philosophy of the relevant fund is consistent with the medium to longer term nature of ESG factors. Therefore, SGH recognises and undertakes the integration of ESG factors into mainstream investment decision making processes, the identification of ESG issues and risks as part of the stock selection process for consideration when buying and holding stock (i.e., ESG risks will be factored into the price of the stock), consideration of ESG issues as investment opportunities. 

Environmental factors are considered on a case-by-case basis and may include: Climate change, Environmental degradation, Water management, Waste disposal and pollution. Social issues are similarly assessed and may include: Community impact, Occupational Health & Safety, Diversity and inclusion, Corporate culture and conduct.

SG Hiscock & Company is a signatory of the Principles for Responsible Investment since 2021.