Thornburg Better World International Fund
TBWIX · THORNBURG INVESTMENT
Is Thornburg Better World International Fund Ethical?
Ethics Rating
Mixed.
Score: -11.2This fund aims to invest in companies that align with a broad range of ethical principles, including environmental sustainability and fair labor practices. The portfolio consists primarily of large, multinational corporations across the financial, industrial, healthcare, and technology sectors. Holdings generally perform best on labor issues, with some companies demonstrating strong worker protections and fair pay standards. The fund's primary ethical challenges lie in environmental impact, as many holdings report high greenhouse gas emissions and face pollution-related violations. Several companies also have ties to the defense industry, while others face scrutiny for anti-competitive behavior, data breaches, and negative health outcomes linked to their products.
Mandate Alignment
How well does this fund deliver on what it claims?
Common Questions
How does Thornburg Better World International Fund score in an ethics audit?
Thornburg Better World International Fund received a “Mixed” ethics rating from Mashinii. We audited 34 of the fund's top 54 holdings across 11 ethical dimensions using court filings, investigative reports, and NGO data.
What are the most controversial companies in TBWIX?
Among the holdings we audited, Endesa SA, AXA SA, LVMH Moet Hennessy Louis Vuitton SE scored lowest in our ethics assessment. These scores are based on court records, regulatory actions, and investigative journalism.
How many companies in TBWIX have ethical issues?
We audited 34 of 54 top holdings across 11 dimensions. Sign up to see individual company scores and ratings.
How does Mashinii audit Thornburg Better World International Fund?
We identify the fund's top holdings from public filings, then score each company across 11 ethical dimensions — including human rights, environmental damage, corruption, and labour practices. Our data comes from court records, investigative journalism, and NGO reports. Learn more about our methodology.
More Fund Audits
Know what your money actually funds
Upload your holdings and get scored across all 11 ethical dimensions.
Audit My PortfolioAI-generated analysis based on publicly available data. Not financial advice. Ratings are expressions of opinion derived from automated models and may contain inaccuracies. See our Risk Disclosure for full details.