Wespath Benefits and Investments (Wespath) seeks to avoid investing in companies that produce and/or provide products and services that are not aligned with United Methodist values. Our six exclusions relate to: alcoholic beverages, tobacco products, adult entertainment, weapons, gambling and privately-owned correctional facilities.
This investment approach reflects United Methodist concerns for human dignity, health and peace, and is well-documented in the Social Principles and in The Book of Resolutions.
Ethical Exclusions Guidelines
Wespath’s ethical exclusions guidelines, have been adopted by the board of directors and are reviewed periodically. All Wespath investment managers must abide by these guidelines unless an exemption is granted pursuant to Wespath’s Statement of Administrative Investment Policy.
3rd Quarter 2016 (data as of end-of-quarter)
Ethical Exclusions List (PDF | Excel)
These companies have come to Wespath’s attention and have been deemed ineligible based on the Wespath ethical exclusions guidelines. Equities of other companies not included on this list may also be ineligible for purchase.
Equities of companies on the Holdings list are eligible for purchase unless marked as “no further purchase.” Equities of companies not appearing on the Holdings list or the Ineligible Companies list may be eligible for purchase subject to further research by Wespath.
The information provided by Wespath contains SEDOL Masterfile™ data sourced from the London Stock Exchange Masterfile™. It is provided for information purposes only. If you intend to do anything other than print or save a copy of the information, contact the London Stock Exchange to obtain the appropriate license for your intended use. You may reach the London Stock Exchange at Sedol@lseg.com.
Wespath also excludes companies under our Human Rights and Climate Change guidelines subject to our Management of Excessive Sustainability Risk policy. To see a list of companies excluded under our Human Rights guideline, click here. To see those excluded under our Climate Change guideline, click here.