Exclusions

OPB and Investment Management Corporation of Ontario (IMCO) recognize the importance of considering ESG related risks in the investment management process, and have developed an ESG Screening Guideline (PDF)(opens in a new tab) to help determine which companies, sectors or activities we won’t invest in. Excluded investments include:

• entities sanctioned under Canada’s Special Economic Measures Act or United Nations Act;
• companies involved in the production of controversial weapons such as antipersonnel landmines, cluster munitions, chemical, biological, and nuclear weapons;
• companies that manufacture firearms and small arms ammunitions for civilian markets;
• companies involved in the operation of for-profit prisons and detention centres;
• companies involved in the production of tobacco products.