Firetrail will exclude companies from the portfolio if the company or its subsidiaries derive any direct revenue from the production of tobacco and nicotine alternatives or the manufacture of nuclear and controversial weapons. If an existing investment is subsequently assessed as directly deriving any revenue from such activities, Firetrail will seek an orderly sale of that investment as soon as practicable. Revenue is determined based on audited consolidated financial statements of the company, where available.

Each company under consideration for the portfolio is assessed fundamentally by Firetrail to determine whether it currently meets, or is expected within a 5-year investment horizon to meet, one or more of Firetrail's proprietary sustainable investment themes, which have been grouped from the United Nations Sustainable Development Goals. Companies that do not meet at least one of Firetrail's sustainable investment themes, will not be included in the portfolio.

The four sustainable investment themes are Health and Wellbeing, including companies that Firetrail assesses as contributing to one or more of the UN SDGs, such as No Poverty, Zero Hunger, Good Health and Well-Being, Clean Water and Sanitation, Peace, Justice and Strong Institutions. Innovation and Equality, which includes contribution to Quality Education, Gender Equality, Decent Work and Economic Growth, Industry Innovation and Infrastructure, and Reduced Inequalities. Climate Impact, which includes contributions to Affordable and Clean Energy, Climate Action, Life Below Water, and Life on Land. Sustainable World, which includes contributions to Sustainable Cities and Communities, Responsible Consumption and Production, and Partnerships for the Goals.

Firetrail is a signatory of the United Nations-supported Principles for Responsible Investment and the 40:40 Vision. It is a member of the Responsible Investment Association Australasia and the FAIRR Initiative's investor network. Firetrail acknowledges the findings of the Intergovernmental Panel on Climate Change and supports the United Nation Paris Agreement to limit global warming to below 2°C compared to pre-industrial levels.

Each company under consideration for the portfolio is assessed fundamentally by Firetrail to determine whether it currently meets, or is expected within a 5-year investment horizon to meet, one or more of Firetrail's proprietary sustainable investment themes, which have been grouped from the United Nations Sustainable Development Goals.