Our Methodology

This methodology was crafted to balance the availability of funds while preventing greenwashing and unethical behaviour.

Excludes stocks of companies with the highest carbon emissions and/or lowest ESG score in each sector.
No direct holdings of companies that derive greater than 10% of revenue from the extraction, production and transportation of fossil fuels
Railways that are mandated by the federal government to transport fossil fuels and utility providers with a concrete transition plan to 100% renewables before 2050 do not need to meet this point.
No direct holdings of companies that have violated the United Nations Global Compact or are involved in the operations of private prisons.
No manufacturers of tobacco products or civilian firearms.
Some of corporate bonds should have sustainability-related goals, and ideally, are green bonds.
Due to the large that role Canadian banks play in the bonds market, only the ETFs marked as green bond are guaranteed not to be used for loans by those banks to the fossil-fuel sector.
We don't screen out fossil fuel funding banks, nuclear energy or Tesla, although we've been adding notes to financial institution pages as they're updated to mention this, so you can make an informed choice based on your values.