Terms of Use

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Foxberry Terms of Use

Regulation

This website is issued by Foxberry Ltd ("Foxberry"), which is authorised and regulated in the United Kingdom by the Financial Conduct Authority (“FCA”). Our firm reference number with the FCA is 677250. Information on this website relating to regulated activities, such as financial advice and/or arranging investments in financial instruments, is directed only at persons in the European Economic Area that qualify as Professional Clients or Eligible Counterparties under the FCA rules, including appropriate institutional investors and intermediaries. In addition, access to the information included on, and the services and/or products described on, this website may be restricted to certain other categories of persons or in some countries. It is your responsibility to be aware of and to observe all applicable laws and regulations of any relevant jurisdiction.

Foxberry Ltd is incorporated in England and Wales (number 09278597), with its registered office address at Level 39, One Canada Square, Canary Wharf, London, E14 5AB, United Kingdom.

Use of Site

Use of this website is subject to the following terms and legal notices (“Terms of Use”). You may not use this website for any purpose that is unlawful or prohibited by these Terms of Use.

Upon access to this website, you consent to the Terms of Use.

Access

Foxberry is established in the United Kingdom, which is a member state of the European Economic Area (the “EEA”). Accordingly, this website is issued by Foxberry to firms and other persons that are both resident in and accessing this website from any member state of the EEA in reliance on its rights under the Directive on Electronic Commerce (number 2000/31/EC).

If you are not resident in an EEA member state or you are viewing this website in a country that is not an EEA member state, information displayed on this website contains material that may be interpreted by the relevant authorities in the country from which you are viewing the website as a financial promotion or an offer to purchase securities. Accordingly, the information on this website is not intended for you. By reviewing the information in this website, you hereby acknowledge this website is intended only for persons meeting the requirements noted above and represent that you are authorised to access the information contained on this website under applicable law (e.g., you fall outside the scope of any law that seeks to regulate financial promotions in your country of residence or in the country in which the website is being viewed). If you are uncertain about your position under the laws of your country of residence or the country in which the website is being viewed then you should consult your legal adviser.

Information regarding Foxberry’s technology platform is provided for informational purposes only and reflects Foxberry’s beliefs with respect thereto as of a particular date. The information included herein may become out of date and Foxberry makes no commitment, and disclaims any duty, to update such information. In addition, events over which Foxberry has no control, such as natural disasters, acts of terrorism and other similar occurrences, may affect the functionality and availability of the systems described herein. While Foxberry has dedicated substantial resources to its technology systems, there can be no guarantee that such systems will function continuously or not experience outages, malfunctions and other impairments.

No Reliance

Although Foxberry has taken all reasonable care to ensure that the information contained within the website is accurate at the time of the publication, no representation or warranty (including liability towards third parties), express or implied, is made as to its accuracy, reliability or completeness of such information by Foxberry. Opinions and any other contents on this website are provided by Foxberry for personal use and informational purposes only and are subject to change without notice.

No Advice

Nothing contained on the website constitutes investment, legal, tax or other advice nor is to be relied on in making an investment or other decision. You should obtain appropriate professional advice before making any investment decision.

No Offer

The information on this website (including, but not limited to, any documentation, data, literature or other material) is issued by Foxberry for information only. It does not constitute an offer by Foxberry to enter into any contract or agreement, nor is it a solicitation to buy or sell any investment.

Data Protection

Foxberry may collect personal data about you such as your name, address, telephone number, email address details and other information as part of the registration process for this website and during your use of it. Foxberry uses this information to provide this website and other services to you. Data is processed in compliance with UK data protection law.

You also agree that Foxberry has the right to transfer personal data to its associates and affiliates and service providers, whether inside or outside the EEA, for the purpose of providing services to you.

Please note that by submitting personal data you are consenting to such information being processed for the purposes referred to above.

Cookies

Like many websites, this website may use “cookies”. A cookie is a piece of data stored on a user's device containing information about the user’s visit. Cookies are of various types and have different purposes.

You can change the user settings in your browser to prevent this website storing cookies on your device. You can find out how to do this, and find more information on cookies, at: www.allaboutcookies.org.

Disclaimer and Limitation of Liability

Foxberry does not warrant as to the adequacy, accuracy, reliability or completeness of any information on the website and expressly disclaims any liability for errors or omissions therein. You are responsible for evaluating the adequacy, accuracy, reliability and completeness of any information or the content available on the website.

Foxberry makes no guarantee as to the adequacy, accuracy, reliability or completeness of any information on any website to which you gain access via a hypertext or other link from this website.

If you are in any doubt about the information contained on this website, please contact us or consult your usual professional adviser.

Foxberry will not be liable for any damages (including without limitation loss of profit or loss of use) arising out of your use or delay or inability to use this website, its content or any link to another website arising in contract, tort (including negligence) or otherwise.

Termination

Foxberry may terminate your access and use of any part of this website at any time without notice (whether or not you are in breach of any of these Terms of Use).

Confidentiality

Certain parts of this website are accessible only with a password. If Foxberry issues you with a password (a “Password”) you shall keep it confidential and not share it with any other person. You shall keep content accessed with a Password confidential and not disclose it to any other person. This does not apply to any content which comes into the public domain other than through your breach of these Terms of Use. You shall be responsible for any access to the website (whether or not authorised by you) made using such Password.

Intellectual Property

Content included in this website is owned by Foxberry or its licensors and may be accessed for your own personal, non-commercial use only (whether or not it is confidential). Where the functionality is provided, you may also for this purpose download reasonable excerpts of this content to your own device. Other than this, you may not copy, perform, publish, modify, transfer, commercially exploit or otherwise use any content obtained from this website.

Foxberry expressly prohibits linking by other sites to any part of this website other than the home page (so-called “deep-linking”) or other than where Foxberry has otherwise expressly given permission. In addition, Foxberry expressly prohibits the linking to the home page of this website in such a manner that suggests or could be understood to imply that any part of this website is part of another website and, in particular, third parties must not frame or use other techniques to enclose any part of this website.

Links

Foxberry does not control, endorse and is not responsible for the availability or content of any third party websites available via this website through a link.

Law and Jurisdiction

These Terms of Use shall be governed by and interpreted in accordance with English law. You agree that your use of this site and any dispute arising from the use of this site is subject to English law and you submit to the jurisdiction of the English courts.

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Brief summary of the Foxberry Sustainability Committee meeting

9 September 2020

The third-quarter Sustainability Committee meeting was held on Wednesday September 09th.

The Committee reviewed the Sustainability Blacklists and the Sustainability Consensus Whitelists for both Europe and U.S., which were all approved:

-       Sustainability Consensus Europe: one new exclusion was added, and two former exclusions were deleted. Linde plc was excluded due to its significant carbon emissions while CRH plc and G4S plc were added to the Sustainability Consensus Whitelist.

-       Sustainability Consensus U.S.: four new exclusions were added, and three former exclusions were deleted. AES Corporation and Duke Energy Corporation were excluded due to their high carbon emission levels while Raytheon Technologies Corporation was excluded because of its involvement in controversial weapons production. PG&E Corporation was added to the Blacklist as it breached the first UNGC[1] principle after public safety incidents took place in the U.S.

Caroline Ramscar, Head of Sustainability Solutions at LGIM, shared LGIM’s latest thoughts on thermal coal with the Committee. It is a very topical discussion amongst clients as the industry is starting to shift towards more static metrics such as climate and emission impacts, or coal produced volume, rather than a sole revenue threshold. Foxberry will be taking this point outside the meeting for further discussion as other Committee members, agreed that it might be interesting to investigate different approaches.

Volkswagen’s position on the Blacklist was also discussed. Caroline Ramscar pointed out that the company is making a substantial effort to switch to electric vehicles. Vesa Syrjäläinen also added that several research houses suggested they remain unsure whether Volkswagen will be able to meet regulatory limits with the scaled production.

As clients’ focus evolves towards more complex and targeted ESG and sustainability matters, the Sustainability Committee adapts to changes and discusses arising topics and their potential impacts.

[1]: United Nations Global Compact principles: https://www.unglobalcompact.org/what-is-gc/mission/principles

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