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Domini Racial Justice Action Plan

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Our Commitment

We believe in the inherent dignity and the equal and inalienable rights of all members of the human family as the foundation of freedom, justice, and peace in the world. Systemic racism is a persistent affront to those beliefs.

Domini is proud to join the growing tide of businesses committed to addressing racial injustice. We will take responsibility for, and where necessary, take action to address our impact on racial justice across our portfolios, firm and global community.

Our Racial Justice Action Plan is built in context of the dual roles we serve in our society as investors and as a business.

Our impacts primarily occur through our investments; however, our firm’s nexus to racial justice is an area for potential human rights impact that we seek to recognize and address here. We recognize that the system is not external to us, we are of it, affecting it and affected by it.

As a founding signatory of the UN Guiding Principles, we use that human rights framework to guide our development of the plan and our planned actions.

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As Investors

As an organization, our greatest leverage point for influence on racial justice is as investors. Domini has had leading human rights standards and practices in our investment processes since our inception. As a respected and long-standing impact investor, our voice has the potential to impact the corporation globally, as well as the financial community. As such, we will work to redouble our commitment to human rights by taking more explicit and focused action on systemic racism. We have used our tools of standards, engagement and community investing to help support and promote diversity and justice.

The following documents our plan of actions and the goal we seek to achieve as well as providing historical context of our past work.

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As a Business

As a business, Domini has always appreciated the value of diversity and racial equity. In fact, it is integral to creating a product that our investors want. Environmental and social research depends on having non-traditional voices involved in assessing corporate impacts.

However, we are now adopting several policies and practices to more intentionally increase diversity on our team. (Note: BIPOC refers to Black, indigenous and people of color).

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Assessment

With its investment-centric approach, we refer to guidance laid out by the Investor Alliance for Human Rights and use their Investor Toolkit for Human Rights to report on our progress.

The scope of the Toolkit covers equity ownership investments in both public and private companies, as well as both active and passive investment strategies.1

Assessment as Investors

Assessment as a Business

“Business enterprises should respect human rights. That means that they should avoid infringing on the human rights of others and should address adverse human rights impacts with which they are involved.”

The UN Guiding Principles on Business and Human Rights2

1. https://www.iccr.org/sites/default/files/full_report-_investor_toolkit_on_human_rights_may_2020c.pdf

2. https://www.ohchr.org/documents/publications/guidingprinciplesbusinesshr_en.pdf

The social, environmental and governance standards applied to the Domini Funds may be changed or modified at any time without notice.