Unnecessarily cruel treatment of animals (performance animals, cosmetic animal testing, factory farming and intensive animal agriculture).
The Vegan Society defines veganism as:
"A philosophy and way of living which seeks to exclude—as far as is possible and practicable—all forms of exploitation of, and cruelty to, animals for food, clothing or any other purpose; and by extension, promotes the development and use of animal-free alternatives for the benefit of humans, animals and the environment."
This definition reflects the approach that we take to the management of your money. Our members do not want to profit from the exploitation and cruel treatment of animals or humans. So as we develop a portfolio of investments to manage your superannuation, our very first step is to screen out companies that make cruelty their business.
This means we exclude:
We exclude companies who engage in animal testing. We pay particular attention to the conduct of companies who make cosmetics, household products and pharmaceuticals. We also screen out medical research facilities and companies that test on animals.
Animals and food/products
We exclude companies who profit from the breeding, rearing and killing of animals for use in food and products. This includes abattoirs, food retailers and processors who use or sell animal-based products, live animal exporters, and companies making significant use of animal by-products (like gelatine, collagen and leather).
We also go further by screening out companies who:
Animals in sport
We will never invest our member's money in animal racing facilities or breeders. We also screen out companies who make equipment or provide services for fishing and hunting.
Our ethical screen rules out companies who research, develop or use genetically engineered animals - including in pharmaceutical products, food, or other uses.
We do not invest in regional banks due to their significant lending to companies involved in live animal export, intensive farming and activities cruel to animals.