Sydinvest country exclusion list - ESG+

(Countries on the list 13-03-2020)

Country Excluded Country Country issue sovereign bonds
Afghanistan  
Algeria  
Angola
Azerbaijan
Bangladesh  
Belarus
Benin
Burkina Faso  
Burundi  
Cambodia  
Cameroon
Central African Rep.  
Chad  
China
Congo (DRC)
Congo-Brazzaville
Djibouti  
Equatorial Guinea  
Eritrea  
Eswatini  
Ethiopia
Guatemala
Guinea-Bissau  
Haiti  
Honduras
Iran  
Iraq
Lebanon
Lesotho  
Liberia  
Libya  
Madagascar  
Malawi
Mali  
Mauritania  
Mozambique
Myanmar  
Nepal  
Nicaragua  
Niger  
Nigeria
North Korea  
Pakistan
Papua New Guinea
Russia
Saudi Arabia
Sierra Leone  
Somalia  
South Sudan  
Sudan  
Syria  
Tajikistan
Tanzania  
Togo  
Turkey
Turkmenistan  
Uganda
United Arab Emirates
Venezuela
West Bank and Gaza  
Yemen  
Zambia
Zimbabwe