Eksempler på virksomheder som Handelsinvests afdelinger har valgt ikke at investere i som følge af vores politik for ansvarsfulde investeringer

Kontroversielle våben

A.P. LMEC SYSTEMS BOOZ ALLEN HAMILTON HOLDING CORPORATION

AAI CORP. BOOZ ALLEN HAMILTON, INC.

AECOM BROOKFIELD ASSET MANAGEMENT INC.

AEROJET ORDNANCE TENNESSEE, INC. BROOKFIELD BUSINESS PARTNERS LP

AEROJET ROCKETDYNE HOLDINGS, INC. BROOKFIELD FINANCE LLC

AEROJET ROCKETDYNE, INC. BROOKFIELD FINANCE, INC.

AEROSPACE LONG-MARCH INTERNATIONAL TRADE CO., LTD. BWX TECHNOLOGIES, INC.

AIRBUS FINANCE BV CACI INTERNATIONAL INC

AIRBUS SE CAMS (INDIA) PVT. LTD.

ALCAST PRESSURE DIES PRIVATE LIMITED CHINA ACADEMY OF LAUNCH VEHICLE TECHNOLOGY

ALLIANT TECHSYSTEMS OPERATIONS LLC CHINA AEROSPACE SCIENCE & INDUSTRY GROUP CORP.

AMERICAN ORDNANCE LLC CHINA AEROSPACE SCIENCE & TECHNOLOGY CORP.

AMMUNITION & METALLURGY INDUSTRIES GROUP CHINA NATIONAL PRECISION MACHINERY IMPORT & EX-

ANHUI DONGFENG ELECTROMECHANICAL TECHNOLOGY PORT CORP.

CO. LTD. CHINA NEW ERA TECHNOLOGY CO., LTD.

ANHUI GREATWALL MILITARY INDUSTRY CO., LTD. CHINA NORTH INDUSTRIES CORP.

ANHUI MILITARY INDUSTRY GROUP HOLDING CO. LTD. CHINA NORTH INDUSTRIES GROUP CORP., LTD.

ARAB ORGANIZATION FOR INDUSTRIALIZATION CHINA NORTH INDUSTRIES INVESTMENT LTD.

ARIANEGROUP SAS CHINA POLY GROUP CO., LTD.

ARMAMENT RESEARCH & DEVELOPMENT ESTABLISHMENT CHINA SHIPBUILDING INDUSTRY CO., LTD.

ARMTEC DEFENSE PRODUCTS CO. CNC COMPONENTS PVT LTD

ARYT INDUSTRIES LTD. CNIM GROUP SA

ASHA INDUSTRIES COHORT PLC

ASHOKA MANUFACTURING LTD CONSOLIDATED NUCLEAR SECURITY LLC

ASHOKA MOULDERS PVT LTD DEFENCE INDUSTRIES ORGANIZATION

ATOMIC ENERGY POWER CORP. DEFENCE RESEARCH & DEVELOPMENT LABORATORY

ATOMIC WEAPONS ESTABLISHMENT PLC DHRUV CONTAINERS PVT LTD

AVCO CORP. DINEX MACHINES PVT LTD

AVIBRAS INDUSTRIA AEROESPACIAL SA ECONOMIC EXPLOSIVES LTD.

BABCOCK INTERNATIONAL GROUP PLC ELBIT SYSTEMS LTD.

BAE SYSTEMS (FINANCE) LTD. ENGEM TECHNOLOGIES PVT LTD.

BAE SYSTEMS PLC ENGILITY HOLDINGS, INC.

BATTELLE ENERGY ALLIANCE LLC ENGILITY LLC

BATTELLE MEMORIAL INSTITUTE ESTERLINE TECHNOLOGIES CORP.

BECHTEL GROUP, INC. FEDERAL STATE UNITARY ENTERPRISE STATE RESEARCH

BECHTEL NATIONAL, INC. AND PRODUCTION ENTERPRISE BAZALT

BHARAT DYNAMICS LTD. FINMECCANICA FINANCE SA

BOEING CAPITAL CORP. FLUOR CORPORATION

DECEMBER 2020 Eksempler på virksomheder som Handelsinvests afdelinger har valgt ikke at investere i som følge af vores politik for ansvarsfulde investeringer

Kontroversielle våben – fortsat

FORTIVE CORPORATION LOCKHEED MARTIN CORPORATION

G. B. S. INDUSTRIES LORDS VANIJYA PVT LTD

GENERAL DYNAMICS LAND SYSTEMS, INC. LUCKY ENGINEERING COMPANY

GENERAL DYNAMICS ORDNANCE & TACTICAL SYSTEMS, INC. LUMIBIRD SA

GIAT INDUSTRIES SASU MAKINA VE KIMYA ENDUSTRISI KURUMU GENEL MUDURLUGU

GOODRICH CORP. MANUFACTURING ENGINEERING SCIENTIFIC INDUSTRIAL CON-

GP STRATEGIES CORPORATION CERN OJSC

HANDY & HARMAN LTD. MATHARU ENGINEERS

HANWHA CORP. MBDA HOLDINGS SAS

HELIOPOLIS CHEMICAL INDUSTRIES MECH COMPONENTS PVT LTD

HITACHI ZOSEN CORP. MECHANICAL ENGINEERING RESEARCH INSTITUTE NAMED

HONEYWELL INTERNATIONAL INC. AFTER V.V. BAHIREV JSC

HUNTINGTON INGALLS INDUSTRIES, INC. MICRO INDIA ENGINEERING

HYDERABAD PRECISIONS MANUFACTURING CO. PVT LTD. MIL-SPEC INDUSTRIES CORP

IFB AUTOMOTIVE PVT LTD. MILTECH INDUSTRIES PVT LTD.

IMI SYSTEMS LTD. MISSION SUPPORT AND TEST SERVICES LLC

INAVIT SYSTEMS INDIA PRIVATE LIMITED MOOG INC.

INDIA DEFENCE RESEARCH & DEVELOPMENT ORGANISATION MOSCOW INSTITUTE FOR HEAT TECHNOLOGY OOO

J K ENGINEERING WORKS LTD MOTOVILICHA PLANTS PJSC

JACOBS ENGINEERING GROUP INC. MYANMAR DEFENCE PRODUCTS INDUSTRIES / KA PA SA

JBJ TECHNOLOGIES LTD. NARENDRA AND COMPANY PVT LTD

JMV LPS LTD. NATIONAL CHUNG-SHAN INSTITUTE OF SCIENCE AND TECH-

K-MAX TECHNOLOGIES PVT LTD. NOLOGY

KBR, INC. NATIONAL TECHNOLOGY & ENGINEERING SOLUTIONS OF

KMW + NEXTER DEFENSE SYSTEMS NV SANDIA, LLC

KONSTRUKTORSKOE BYURO MASHINOSTROENIYA NPK JSC NAVAL GROUP SA

KRATOS DEFENSE & SECURITY SOLUTIONS, INC. NAVEEN TOOLS MANUFACTURING CO PVT LTD

KRISHNA ENTERPRISES NEXTER MUNITIONS SA

L3 TECHNOLOGIES, INC. NEXTER SYSTEMS SA

L3HARRIS TECHNOLOGIES, INC. NITYANAND UDYOG PVT LTD

LARSEN & TOUBRO LTD. NORTHROP GRUMMAN CORPORATION

LAWRENCE LIVERMORE NATIONAL SECURITY LLC NORTHROP GRUMMAN INNOVATION SYSTEMS, INC.

LEIDOS HOLDINGS, INC. NORTHROP GRUMMAN SYSTEMS CORP.

LEIDOS, INC. NPO HIGH PRECISION SYSTEMS JSC

LEONARDO SPA OPEN JOINT STOCK COMPANY NPO ”MASHINOSTROITEL”

LEONARDO US HOLDING, INC. OPEN JOINT STOCK COMPANY SPLAV STATE AND RESEARCH

L IG C O R P. PRODUCTION ASSOCIATION

LIG NEX1 CO., LTD. ORDNANCE FACTORIES BOARD (INDIA)

Side 2 Eksempler på virksomheder som Handelsinvests afdelinger har valgt ikke at investere i som følge af vores politik for ansvarsfulde investeringer

Kontroversielle våben – fortsat

ORDTECH MILITARY INDUSTRIES STATE SPACE CORP. ROSCOSMOS

PAKISTAN ORDNANCE FACTORIES STATE-OWNED FOREIGN TRADE UNITARY ENTERPRISE BEL-

PATANGE INDUSTRIES PVT LTD SPETSVNESHTECH

POLY INTERNATIONAL HOLDINGS CO., LTD. STEEL PARTNERS HOLDINGS L.P.

POLY TECHNOLOGIES, INC. STOLLER NEWPORT NEWS NUCLEAR, INC.

POONGSAN CORP. SYNTHETIC MOULDERS LTD.

POONGSAN FNS CO., LTD. TA MFG LTD.

POONGSAN HOLDINGS CORP. TARANG KINETICS PVT LTD.

PRAGATI INDUSTRIES PVT LTD TEFF PLAST INDIA PVT LTD.

PREMIER EXPLOSIVES LTD. TENNESSEE VALLEY AUTHORITY

PRIYA PRECI-COMP PVT LTD TEXTRON FINANCIAL CORP.

RENUKA AUTO CRANK TEXTRON INC.

RESHEF TECHNOLOGIES LTD. TEXTRON SYSTEMS CORP.

ROLLS-ROYCE GROUP LTD. THALES SA

ROLLS-ROYCE HOLDINGS PLC THE BOEING COMPANY

ROLLS-ROYCE PLC THE CHARLES STARK DRAPER LABORATORY, INC.

ROSATOM STATE ATOMIC ENERGY CORP. THE DAY & ZIMMERMANN GROUP, INC.

ROSOBORONEXPORT JSC THE JOHNS HOPKINS UNIVERSITY

ROSTEC CORP. TIRUPATI COMPONENTS PVT LTD.

S&T DYNAMICS CO., LTD. TOCOL MACHINE TOOLS PVT LTD

S&T HOLDINGS CO., LTD. TRANSDIGM GROUP INCORPORATED

SAFRAN SA TRANSDIGM, INC.

SAKR FACTORY FOR DEVELOPED INDUSTRIES TRIAD NATIONAL SECURITY LLC

SANDEEP METALCRAFT PRIVATE LIMITED ULTRA ELECTRONICS HOLDINGS PLC

SANDHAR TECHNOLOGIES LTD. UNION DE INDUSTRIA MILITARES

SAVANNAH RIVER NUCLEAR SOLUTIONS LLC UNITED INDUSTRIAL CORP.

SCIENCE APPLICATIONS INTERNATIONAL CORP. URS CORP.

SCIENTIFIC PRODUCTION ASSOCIATION BAZALT JSC VOTKINSKY ZAVOD JSC

SCIENTIFIC-RESEARCH ENGINEERING INSTITUTE JSC WALCHANDNAGAR INDUSTRIES LTD.

SGL CARBON SE WEGMANN GMBH & CO. KG

SHANTI ARMS-TECH PVT LTD WEGMANN UNTERNEHMENS-HOLDING GMBH & CO. KG

SHANTI METALFAB PVT LTD WOJSKOWY INSTYTUT TECHNICZNY UZBROJENIA

SHARAYU ENGINEERING PVT LTD. WOOD PRESERVERS PVT LTD.

SICHUAN AEROSPACE INDUSTRIAL GROUP CO., LTD. YUZHNOYE DESIGN OFFICE

SOC LLC

SOLAR INDUSTRIES INDIA LIMITED

SPLAV STATE RESEARCH & PRODUCTION ASSOCIATION FSUE

Side 3 Eksempler på virksomheder som Handelsinvests afdelinger har valgt ikke at investere i som følge af vores politik for ansvarsfulde investeringer

Kulkraftproduktion

ADANI POWER LIMITED GUANGDONG ELECTRIC POWER DEVELOPMENT CO., LTD.

AES ANDRES BV GULF POWER CO.

AES EL SALVADOR TRUST II HK ELECTRIC INVESTMENTS & HK ELECTRIC INVESTMENTS LTD.

AES GENER SA HOKKAIDO ELECTRIC POWER CO., INC.

AGL ENERGY LIMITED HOKURIKU ELECTRIC POWER CO.

ALABAMA POWER COMPANY HUACHEN ENERGY CO., LTD. (ZHEJIANG)

ALBIOMA SA HUADIAN ENERGY CO., LTD.

AMEREN CORPORATION HUADIAN FUXIN ENERGY CORP. LTD.

AMERICAN ELECTRIC POWER COMPANY, INC. HUANENG POWER INTERNATIONAL, INC.

APPALACHIAN POWER CO. HUBEI ENERGY GROUP CO., LTD.

BANPU POWER PUBLIC CO. LTD. IPALCO ENTERPRISES, INC.

BEIJING JINGNENG POWER CO., LTD. JIANGSU GUOXIN CORP. LTD.

BERKSHIRE HATHAWAY ENERGY CO. JSW ENERGY LIMITED

CAPITAL POWER CORPORATION KOREA EAST-WEST POWER CO., LTD.

CESC LTD. KOREA ELECTRIC POWER CORP.

CHINA POWER INTERNATIONAL DEVELOPMENT LIMITED KSK POWER VENTURE PLC

CHINA RESOURCES POWER HOLDINGS CO. LTD. LG&E & KU ENERGY LLC

CLECO CORPORATE HOLDINGS LLC LOUISVILLE GAS & ELECTRIC CO.

CLP HOLDINGS LTD. MAJAPAHIT HOLDING BV

DATANG INTERNATIONAL POWER GENERATION CO., LTD. MALAKOFF CORP. BHD.

DTE ELECTRIC CO. MGE ENERGY, INC.

DUKE ENERGY CAROLINAS LLC MIDAMERICAN ENERGY CO.

DUKE ENERGY OHIO, INC. MIDAMERICAN FUNDING LLC

DYNEGY FINANCE I, INC. MONONGAHELA POWER CO.

ELECTRIC POWER DEVELOPMENT CO., LTD. NORTHERN ELECTRIC FINANCE PLC

EMPRESA ELECTRICA ANGAMOS SA NRG ENERGY, INC.

EMPRESA ELECTRICA GUACOLDA SA ORIGIN ENERGY FINANCE LTD.

ENEA SA ORIGIN ENERGY LIMITED

ENEVA SA OTTER TAIL CORPORATION

ENGIE ENERGIA CHILE SA PACIFIC O R P.

EP ENERGY AS PGE POLSKA GRUPA ENERGETYCZNA SA

ESKOM HOLDINGS SOC LTD. PGE SWEDEN AB

EVERGY KANSAS CENTRAL, INC. POWER ASSETS HOLDINGS LIMITED

E VERGY, INC. PT PERUSAHAAN LISTRIK NEGARA (PERSERO)

EVN AG PUBLIC POWER CORP. FINANCE PLC

FIRSTENERGY CORP. PUBLIC POWER CORP. SA

GD POWER DEVELOPMENT CO., LTD. PUBLIC SERVICE CO. OF NEW MEXICO

GREAT RIVER ENERGY RELIANCE POWER LIMITED

Side 4 Eksempler på virksomheder som Handelsinvests afdelinger har valgt ikke at investere i som følge af vores politik for ansvarsfulde investeringer

Kulkraftproduktion – fortsat

RWE AG SOUTHWESTERN ELECTRIC POWER CO.

SAMRUK-ENERGY JSC SOUTHWESTERN PUBLIC SERVICE CO.

SDIC POWER HOLDINGS CO., LTD. SPIC 2016 US DOLLAR BOND CO. LTD.

SHANGHAI ELECTRIC POWER CO., LTD. SPIC LUXEMBOURG LATIN AMERICA RENEWABLE ENERGY

SHENZHEN ENERGY GROUP CO., LTD. INVESTMENT CO.

SHIKOKU ELECTRIC POWER CO., INC. STATE POWER INVESTMENT CORP., LTD.

SMC GLOBAL POWER HOLDINGS CORP. STEAG GMBH

SOUTHWESTERN ELECTRIC POWER CO. TATA POWER CO., LTD.

SOUTHWESTERN PUBLIC SERVICE CO. TAURON POLSKA ENERGIA SA

SPIC 2016 US DOLLAR BOND CO. LTD. TENAGA NASIONAL BHD.

SPIC LUXEMBOURG LATIN AMERICA RENEWABLE ENERGY THE AES CORPORATION

INVESTMENT CO. THE ISRAEL ELECTRIC CORP. LTD.

STATE POWER INVESTMENT CORP., LTD. THE OKINAWA ELECTRIC POWER CO., INC.

STEAG GMBH TNB GLOBAL VENTURES CAPITAL BHD.

TATA POWER CO., LTD. TRANSALTA CORPORATION

TAURON POLSKA ENERGIA SA TUCSON ELECTRIC POWER CO., INC.

TENAGA NASIONAL BHD. UNION ELECTRIC CO.

THE AES CORPORATION VISTRA CORP.

THE ISRAEL ELECTRIC CORP. LTD. VISTRA OPERATIONS CO. LLC

THE OKINAWA ELECTRIC POWER CO., INC. WINTIME ENERGY CO., LTD.

TNB GLOBAL VENTURES CAPITAL BHD. WISCONSIN ELECTRIC POWER COMPANY

TRANSALTA CORPORATION ZHEJIANG ZHENENG ELECTRIC POWER CO., LTD.

TUCSON ELECTRIC POWER CO., INC.

UNION ELECTRIC CO.

VISTRA CORP.

VISTRA OPERATIONS CO. LLC

WINTIME ENERGY CO., LTD.

WISCONSIN ELECTRIC POWER COMPANY

ZHEJIANG ZHENENG ELECTRIC POWER CO., LTD.

RELIANCE POWER LIMITED

RWE AG

SAMRUK-ENERGY JSC

SDIC POWER HOLDINGS CO., LTD.

SHANGHAI ELECTRIC POWER CO., LTD.

SHENZHEN ENERGY GROUP CO., LTD.

SHIKOKU ELECTRIC POWER CO., INC.

SMC GLOBAL POWER HOLDINGS CORP.

Side 5 Eksempler på virksomheder som Handelsinvests afdelinger har valgt ikke at investere i som følge af vores politik for ansvarsfulde investeringer

Termisk kulminedrift

AGRITRADE RESOURCES LIMITED GUANGHUI ENERGY CO., LTD.

ALLETE, INC. GUIZHOU PANJIANG REFINED CO., LTD.

ALLIANCE HOLDINGS GP LP GUJARAT MINERAL DEVELOPMENT CORPORATION LIMITED

ALLIANCE RESOURCE OPERATING PARTNERS LP HALLADOR ENERGY COMPANY

ALLIANCE RESOURCE PARTNERS LP HARGREAVES SERVICES PLC

ALTIUS MINERALS CORPORATION HENAN ZHONGFU INDUSTRIAL CO., LTD.

ANGLO AMERICAN CAPITAL PLC HIDILI INDUSTRY INTERNATIONAL DEVELOPMENT LTD.

ANGLO AMERICAN PLC HOSKEN CONSOLIDATED INVESTMENTS LTD.

ANGLO PACIFIC GROUP PLC HUOLINHE OPENCUT COAL INDUSTRY CORP. LTD. OF INNER

ANHUI HENGYUAN COAL INDUSTRY & ELECTRICITY POWER MONGOLIA

CO., LTD. IDEMITSU KOSAN CO., LTD.

ARCH RESOURCES, INC. INDIKA ENERGY CAPITAL II PTE LTD.

BANPU PUBLIC CO. LTD. INDIKA ENERGY CAPITAL III PTE LTD.

BATHURST RESOURCES LIMITED INDO ENERGY FINANCE BV

BEIJING HAOHUA ENERGY RESOURCE CO., LTD. INDO ENERGY FINANCE II BV

BISICHI PLC INDO INTEGRATED ENERGY BV

BRICKWORKS LTD. INNER MONGOLIA YITAI COAL CO., LTD.

BUMI INVESTMENT PTE LTD. IRKUTSKENERGO JSC

CHINA COAL ENERGY COMPANY LIMITED JASTRZEBSKA SPOLKA WEGLOWA SA

CHINA QINFA GROUP LTD. JIZHONG ENERGY RESOURCES CO., LTD.

CHINA SHENHUA ENERGY COMPANY LIMITED KUZBASSKAYA TOPLIVNAYA KOMPANIYA PJSC

CHINA SHENHUA OVERSEAS CAPITAL CO., LTD. KYUNGDONG INVEST CO., LTD.

CLOUD PEAK ENERGY INC. LUBELSKI WEGIEL BOGDANKA SA

CLOUD PEAK ENERGY RESOURCES LLC MC MINING LIMITED

COAL INDIA LTD. MERCATOR LIMITED

CONSOL ENERGY INC. MITSUI MATSUSHIMA HOLDINGS CO., LTD.

CONTURA ENERGY, INC. MONGOLIA ENERGY CORPORATION LIMITED

CORONADO GLOBAL RESOURCES, INC. MURRAY ENERGY CORPORATION

DATONG COAL INDUSTRY CO., LTD. NACCO INDUSTRIES, INC.

DMCI HOLDINGS, INC. NATURAL RESOURCE PARTNERS LP

ETERNA CAPITAL PTE LTD. NEW HOPE CORPORATION LIMITED

EXXARO RESOURCES LTD. NEW WORLD RESOURCES PLC

FEISHANG ANTHRACITE RESOURCES LTD. OLD ANR LLC

FORESIGHT ENERGY LLC PARK ELEKTRIK URETIM MADENCILIK SANAYI VE TICARET AS

FORESIGHT ENERGY LP PEABODY ENERGY AUSTRALIA PCI PTY LTD.

GANSU JINGYUAN COAL INDUSTRY & ELECTRICITY POWER PEABODY ENERGY CORPORATION

CO., LTD. PETMIN LTD.

Side 6 Eksempler på virksomheder som Handelsinvests afdelinger har valgt ikke at investere i som følge af vores politik for ansvarsfulde investeringer

Termisk kulminedrift – fortsat

PINGDINGSHAN TIANAN COAL MINING CO., LTD. WESTMORELAND COAL CO.

PT ABM INVESTAMA TBK WESTMORELAND RESOURCE PARTNERS LP

PT ADARO ENERGY TBK WHITEHAVEN COAL LIMITED

PT ADARO INDONESIA WOLLONGONG COAL LIMITED

PT ALFA ENERGI INVESTAMA YANCOAL AUSTRALIA LTD.

PT BAYAN RESOURCES TBK YANCOAL INTERNATIONAL RESOURCES DEVELOPMENT CO.,

PT BERAU COAL ENERGY LTD.

PT BUKIT ASAM TBK YANG QUAN COAL INDUSTRY (GROUP) CO., LTD.

PT BUMI RESOURCES TBK (CAYMAN) LTD.

PT DIAN SWASTATIKA SENTOSA TBK YANKUANG GROUP CO., LTD.

PT GOLDEN EAGLE ENERGY TBK YANZHOU COAL MINING CO., LTD.

PT GOLDEN ENERGY MINES TBK ZHENGZHOU COAL INDUSTRY & ELECTRIC POWER CO., LTD.

PT HARUM ENERGY TBK

PT INDIKA ENERGY TBK

PT INDO TAMBANGRAYA MEGAH TBK

PT INDONESIA ASAHAN ALUMINIUM (PERSERO)

PT TRADA ALAM MINERA TBK

PT UNITED TRACTORS TBK

RAG-STIFTUNG

RHINO RESOURCE PARTNERS LP

SADOVAYA GROUP

SAKARI RESOURCES LTD.

SHAANXI COAL INDUSTRY CO., LTD.

SHANGHAI DATUN ENERGY RESOURCES CO., LTD.

SHANXI COAL INTERNATIONAL ENERGY GROUP CO., LTD.

SHANXI LANHUA SCI-TECH VENTURE CO., LTD.

SHANXI LU’AN ENVIRONMENTAL ENERGY DEVELOPMENT

CO., LTD.

SOUTH32 LTD.

SOUTHERN KUZBASS COAL CO. PJSC

SOUTHGOBI RESOURCES LTD.

TEBIAN ELECTRIC APPARATUS STOCK CO., LTD.

TERRACOM LIMITED

THE LANNA RESOURCES PUBLIC CO., LTD.

VIMETCO NV

WASHINGTON H. SOUL PATTINSON AND COMPANY LIMITED

WESCOAL HOLDINGS LTD.

Side 7 Eksempler på virksomheder som Handelsinvests afdelinger har valgt ikke at investere i som følge af vores politik for ansvarsfulde investeringer

Overtrædelse af internationale normer og standarder

ALTICE EUROPE NV ENBRIDGE ENERGY PARTNERS LP

ALTICE FINANCING SA ENBRIDGE INC.

ALTICE FINCO SA ENERGY TRANSFER LP

ALTICE LUXEMBOURG SA ENERGY TRANSFER OPERATING LP

ASHTROM GROUP LTD. EXPORT-IMPORT BANK OF INDIA

B COMMUNICATIONS LTD. FIRST PACIFIC CO. LTD.

BANK HAPOALIM BM HAREL INSURANCE INVESTMENTS & FINANCIAL SERVICES LTD.

BANK LEUMI LE-ISRAEL LTD. IBERDROLA FINANCE IRELAND DAC

BAYER AG IBERDROLA FINANZAS SA

BAYER CAPITAL CORP. IBERDROLA INTERNATIONAL BV

BAYER CAPITAL CORP. BV IBERDROLA SA

BAY ER C O R P. INDOFOOD AGRI RESOURCES LTD.

BAYER CROPSCIENCE LTD. (INDIA) ISRAEL DISCOUNT BANK LTD.

BAYER NORDIC SE JBS FINANCE II LTD.

BAYER US FINANCE II LLC JBS INVESTMENTS GMBH

BAYER US FINANCE LLC JBS INVESTMENTS II GMBH

BEZEQ THE ISRAELI TELECOMMUNICATION CORP. LTD. JBS SA

BHARAT HEAVY ELECTRICALS LIMITED LEADER GOAL INTERNATIONAL LTD.

BHP BILLITON FINANCE (USA) LTD. LUKOIL INTERNATIONAL FINANCE BV

BHP BILLITON FINANCE BV MARATHON PETROLEUM CORPORATION

BHP BILLITON FINANCE LTD. MIZRAHI TEFAHOT BANK LTD.

BHP FINANCE (USA) LTD. MPLX LP

BHP GROUP LIMITED NEOENERGIA SA

BHP GROUP PLC NUMERICABLE FINANCE & CO. SCA

CELLCOM ISRAEL LTD. OCP SA

CEMIG GERACAO E TRANSMISSAO SA OIL CO. LUKOIL PJSC

CENTRAIS ELETRICAS BRASILEIRAS SA PARTNER COMMUNICATIONS CO. LTD.

CHINA NATIONAL CHEMICAL CORP. PETROLEOS DE VENEZUELA SA

CNAC (HK) FINBRIDGE CO. LTD. PHILLIPS 66

CNAC (HK) SYNBRIDGE CO., LTD. PHILLIPS 66 PARTNERS LP

CNRC CAPITAL LTD. POSCO

CNRC CAPITALE LTD. POSCO INTERNATIONAL CORP.

COMPANHIA ENERGETICA DE MINAS GERAIS SA POWER CONSTRUCTION CORPORATION OF CHINA, LTD.

COMPANIA DE SANEAMENTO DO PARANA PT INDOFOOD SUKSES MAKMUR TBK

DIANJIAN HAIXING LTD. PT PERUSAHAAN PERKEBUNAN LONDON SUMATRA INDONE-

ELSEWEDY ELECTRIC CO. SIA TBK

ENBRIDGE ENERGY MANAGEMENT LLC PT SALIM IVOMAS PRATAMA TBK

Side 8 Eksempler på virksomheder som Handelsinvests afdelinger har valgt ikke at investere i som følge af vores politik for ansvarsfulde investeringer

Overtrædelse af internationale normer og standarder – fortsat

RED ROCK RESORTS, INC.

REPSOL INTERNATIONAL FINANCE BV

REPSOL SA

ROSNEFT FINANCE SA

ROSNEFT INTERNATIONAL FINANCE LTD.

ROSNEFT INTERNATIONAL LTD.

ROSNEFT OIL CO.

ROYAL DUTCH SHELL PLC

SAMARCO MINERACAO SA

SHAPIR ENGINEERING & INDUSTRY LTD.

SHELL FINANCE (NETHERLANDS) BV

SHELL INTERNATIONAL FINANCE BV

SK HOLDINGS CO., LTD.

SK INNOVATION CO., LTD.

STATION CASINOS LLC

SUMITOMO CHEMICAL CO., LTD.

SUNOCO LOGISTICS PARTNERS OPERATIONS LP

SYNGENTA AG

SYNGENTA FINANCE LTD.

SYNGENTA FINANCE NV

SYNGENTA LUXEMBOURG FINANCE NO. 2 SA

SYNGENTA LUXEMBOURG FINANCE SA

TESLA, INC.

TESORO LOGISTICS FINANCE CORP.

THE FIRST INTERNATIONAL BANK OF ISRAEL LTD.

VALE OVERSEAS LTD.

VALE SA

XPO LOGISTICS, INC.

ZUARI AGRO CHEMICALS LTD.

Side 9 Eksempler på virksomheder som Handelsinvests afdelinger har valgt ikke at investere i som følge af vores politik for ansvarsfulde investeringer

Virksomheder, der er ekskluderet af flere årsager

China Coal Xinji Energy Co., Ltd. Kulkraft og termisk kulminedrift

China Huadian Corp., Ltd. Kulkraft og termisk kulminedrift

China Huadian Overseas Development Kulkraft og termisk kulminedrift

2018 Ltd.

China Huadian Overseas Development Kulkraft og termisk kulminedrift

Management Co., Ltd.

China Huaneng Group Co., Ltd. Kulkraft og termisk kulminedrift

Huadian Power International Corp. Ltd. Kulkraft og termisk kulminedrift

Huaneng Hong Kong Capital Ltd. Kulkraft og termisk kulminedrift

Inner Mongolia Mengdian Huaneng Kulkraft og termisk kulminedrift

Thermal Power Corp. Ltd.

Jaiprakash Power Ventures Limited Kulkraft og termisk kulminedrift

NLC India Ltd. Kulkraft og termisk kulminedrift

Semirara Mining & Power Corp. Kulkraft og termisk kulminedrift

NTPC Limited Overtrædelse af internationale normer og standarder, kulkraft

General Dynamics Corporation Overtrædelse af internationale normer og standarder, kontroversielle våben

Raytheon Co. Overtrædelse af internationale normer og standarder, kontroversielle våben

Raytheon Technologies Corp. Overtrædelse af internationale normer og standarder, kontroversielle våben

Serco Group Plc Overtrædelse af internationale normer og standarder, kontroversielle våben

Side 10