From Morningstar: 2024-08-23 11:21:00

Excluding certain industries is a key component of sustainable investing, tracing back to socially responsible funds during the Vietnam War. Recently, some investors, including Parnassus Investments, are shifting away from exclusions. However, European investors, faith-based investors, direct indexers, and fossil-fuel-free investors still value exclusions. This strategy is growing as concerns about climate change rise. For investors interested in funds or ETFs that use exclusions, websites like As You Sow offer resources. The future of exclusions in investing may shift towards more data-driven approaches.



Read more at Morningstar: ESG: Are Exclusions on Their Way Out?