IFL Finance commits to ensure that funds will not be used to finance the following type of activities:
- Production and distribution of pornographic material
- Manufacture and marketing of banned drugs
- Dealing in narcotics
- Stand-alone manufacture and marketing of gutkha and tobacco
- Production of, trade in, or distribution of controversial weapons (cluster bombs, anti-personnel mines, nuclear, chemical, or biological weapons)
- Dealing in banned wildlife related products
- Production or trade of wildlife or products regulated under CITES
- Polluting industries unless the units have clearance from pollution control authorities and have installed effluent treatment plants
- Setting up of new units consuming/producing Ozone Depleting Substances (ODS) such as chlorofluoro carbon (CFC), Halons and units manufacturing aerosol products using CFCs as specified in the 1999 Montreal Protocol on Substances that Deplete the Ozone Layer
- Production or trade of radioactive materials (excluding medical equipment, quality control (measurement) equipment and any equipment in which the radioactive source could reasonably be considered to be trivial or adequately shielded)
- Standalone Casino, and Gambling / Betting in any form
- Production or trade in radioactive materials
- Activities causing adverse human rights impact including child labor, forced labor, and human trafficking
- Production or trade in any product or activity deemed illegal under host country laws or regulations or international conventions and agreements, or subject to international bans
The Company will also not engage with any business partner, supplier, or vendor who are engaged in such activities.