Production of weapons that through their normal use may violate fundamental humanitarian principles
Anti-personnel land mines
- Singapore Technologies Engineering (26 April 2002)
Production of cluster munitions
- Textron Inc. (31 December 2008)
- Hanwha Corporation (31 December 2007)
- Poongsan Corporation (30 November 2006)
- Raytheon Co. (31 August 2005)
- Lockheed Martin Corp (31 August 2005)
- General Dynamics corporation (31 August 2005)
- Alliant Techsystems Inc (31 August 2005)
Production of nuclear arms
- The Babcock & Wilcox Co. (11 January 2013)
- Jacobs Engineering Group Inc. (11 January 2013)
- Serco Group Plc. (31 December 2007)
- Gen Corp. Inc. (31 December 2007)
- Safran SA. (31 December 2005)
- Northrop Grumman Corp. (31 December 2005)
- Honeywell International Corp. (31 December 2005)
- EADS Finance BV (31 December 2005)
- EADS Co (31 December 2005)
- Boeing Co. (31 December 2005)
Sale of weapons and military material to Burma
- Dongfeng Motor Group Co Ltd. (28 February 2009)
Production of tobacco
- Schweitzer-Mauduit International Inc. (8 May 2013)
- Huabao International Holdings Limited(8 May 2013)
- Grupo Carso SAB de CV (24 August 2011)
- Shanghai Industrial Holdings Ltd. (15 March 2011)
- Alliance One International Inc. (31 December 2009)
- Altria Group Inc. (31 December 2009)
- British American Tobacco BHD (31 December 2009)
- British American Tobacco Plc. (31 December 2009)
- Gudang Garam tbk pt. (31 December 2009)
- Imperial Tobacco Group Plc. (31 December 2009)
- ITC Ltd. (31 December 2009)
- Japan Tobacco Inc. (31 December 2009)
- KT&G Corp (31 December 2009)
- Lorillard Inc. (31 December 2009)
- Philip Morris International Inc. (31 December 2009)
- Philip Morris Cr AS. (31 December 2009)
- Reynolds American Inc. (31 December 2009)
- Souza Cruz SA (31 December 2009)
- Swedish Match AB (31 December 2009)
- Universal Corp VA (31 December 2009)
- Vector Group Ltd. (31 December 2009)
Actions or omissions that constitute an unacceptable risk of the Fund contributing to:
Serious or systematic human rights violations
- Wal-Mart Stores Inc. (31 May 2006)
- Wal-Mart de Mexico SA de CV (31 May 2006)
Severe environmental damages
- Lingui Development Berhad Ltd. (16 February 2011)
- Samling Global Ltd. (23 August 2010)
- Norilsk Nickel (31 October 2009)
- Barrick Gold Corp (30 November 2008)
- Rio Tinto Plc. (30 June 2008)
- Rio Tinto Ltd. (30 June 2008)
- Madras Aluminium Company (31 October 2007)
- Sterlite Industries Ltd. (31 October 2007)
- Vedanta Resources Plc. (31 October 2007)
- Freeport McMoRan Copper & Gold Inc. (31 May 2006)
Other particularly serious violations of fundamental ethical norms
- Potash Corporation of Saskatchewan (6 December 2011)
- Elbit Systems Ltd. (31 August 2009)
Serious violations of the rights of individuals in situations of war or conflict
- Shikun & Binui Ltd.
- Africa Israel Investments Ltd. and Danya Cebus Ltd. (23 August 2010)
___________________________
Companies that have been excluded, but where the decision to exclude has later been revoked are listed separately.
All recommendations for exclusion and decisions to exclude or to revoke previous decisions to exclude, are listed here (latest first).