The NTMA has informed me that the Cluster Munitions and Antipersonnel Mines Act 2008 is legislation that effectively translated the Convention on Cluster Munitions and anti-personnel mines into Irish Law. Ireland was the first country to require divestment by law, however, this is now an industry standard. The Act prohibits the investment of “public moneys” into a company that manufactures prohibited munitions or component parts, through both direct and indirect investment as defined in the Act. The fund operates a zero-tolerance policy in respect of exposure across all mandates and regularly screens its investments through its service provider ISS ESG. The current Cluster Munitions exclusion list is published on the ISIF Website. (isif.ie/uploads/publications/Cluster-Munitionsdec23.pdf ).