BMO Fossil Fuel Free Strategy

    In Short

    NameFossil Fuel Free Strategy
    Asset ClassListed Equity
    Theme/Sub-classThematic: fossil-free
    NordSIP CategoryScreened / Thematic
    Fund ProfileAvailable here
    Morning StarNA
    AvailabilityFor institutional investors only
    ManagerBMO Asset Management Inc.

    Strategy description

    The fund invests primarily in a globally diversified portfolio of equity securities, but excludes securities of issuers that explore for, process, refine and/or distribute coal, oil and/or gas. The portfolio manager also excludes securities of issuers that produce and/or transmit electricity derived from fossil fuels or transmit natural gas.

    SRI Highlights

      • BMO Fossil Fuel Free Fund, a socially responsible investment (SRI) strategy that excludes companies primarily involved in the development and infrastructure of fossil fuels
      • Provides investors with more choice and the ability to align their investments more closely with their values
      • Enables a measurable, beneficial social impact alongside a financial return.


    International Norms: companies whose activities clearly infringe international agreements and which are complicit in human rights abuses (following the UN guiding principles and OECD guidelines).

    Fossil fuel / Thermal coal: companies that derive over 10% of their revenues from the extraction of thermal coal, oil and gas companies whose production derived from oil sands is 1% or more of total production and extractives companies undertaking exploration and production activities in sensitive areas.

    All Weapons including Anti-personnel mines, Cluster munitions, Nuclear, Biological & Chemical Weapons

    Tobacco: companies that derive any turnover from the manufacture of tobacco products or derive 10% or more of turnover from the sale of tobacco products.

    Gambling: companies whose core business is gambling, such as casinos or derive 10% or more of their total revenues from gambling, such as hotels or restaurants.

    Pornography: companies involved in the production or distribution of pornographic materials or retailers that derive more than 3% of turnover from the sale of such material.

    Alcohol: companies that derive any turnover from the production of alcoholic beverages, that derive over 33% of turnover from selling alcohol or derive over 10% from bottling, wholesale or sale.