Well, I just checked and my portfolio is Sudan-free, though I'm not sure what I would do were it not. American Funds Europacific has 0.71% of assets invested in some foreign oil and gas company that is on the no-no list. From the website:
Developed in consultation with foreign policy experts, asset managers,
third-party research firms, and other institutions, this policy allows
for maximum impact on the government of Sudan while minimizing harms to
both Sudanese citizens and to portfolio returns. Essentially the
criteria targets companies that:
1. Have a business relationship with the government or government-created project,
2. Impart minimal benefit to the country's underprivileged, and
3. Have demonstrated no substantial corporate governance policy regarding the Darfur situation.
The "and" after #2 implies that the company must fit all three of these criteria to be on the list.
Dao
