This report shows public data only. Is this your organisation? If so, login here to view your full report.

SASRIA (SOC) Limited

PRI reporting framework 2017

You are in Strategy and Governance » Implementation not in other modules

Implementation not in other modules

SG 12. ESG issues in strategic asset allocation

New selection options have been added to this indicator. Please review your prefilled responses carefully.

12.1. Indicate if your organisation executes scenario analysis and/or modelling in which the risk profile of future ESG trends at portfolio level is calculated.

12.2. Indicate if your organisation considers ESG issues in strategic asset allocation and/or allocation of assets between sectors or geographic markets.

12.3. Additional information. [OPTIONAL]

Sasria is the only short term insurer that provides cover against special risks such as civil commotion, public disorder, strikes, riots and terrorism therefore social and environmental scenrio analysis is crucial to our risk approach.

SRI investments will form part of the Non-Liability Matching Assets. Sasria have not set specific limits fpr SRI investments as Enviornmental, Social and Goverance factors is an overriding consideration on all Sasria investments.


SG 13. Long term investment risks and opportunity

13.1. Some investment risks and opportunities arise as a result of long term trends. Indicate which of the following you act on.

other description (1)

          Power supply constraints (Energy scarcity)
        
          Water supply constraints ( Scarcity in rainfall impacting the agriculture and retail sectors dramatically)
        

13.5. Additional information [Optional]


SG 14. Allocation of assets to environmental and social themed areas

New selection options have been added to this indicator. Please review your prefilled responses carefully.

14.1. Indicate if your organisation allocates assets to, or manages, funds based on specific environmental and social themed areas.

14.2. Specify which thematic area(s) you invest in, indicate the percentage of your AUM in the particular asset class and provide a brief description.

Area

0.48 % of AUM

Brief description and measures of investment

The investment vehicle is a pooled fund focusing on infrastructure development, specifically solar and wind energy.

0.35 % of AUM

Brief description and measures of investment

The investment vehicle is a pooled bond fund focusing on infrastructure development, specifically inner city rejuvenation.

0.01 % of AUM

Brief description and measures of investment

The investment vehicle is a pooled bond fund focusing on infrastructure development, specifically learnership programs

0.14 % of AUM

Brief description and measures of investment

The investment vehicle is a pooled bond fund focusing on infrastructure development, specifically water purification and investments in water boards.

          Rail and roads
        
0.55 % of AUM

Brief description and measures of investment

The investment vehicle is a pooled bond fund focusing on infrastructure, specifically rail and roads, travel and leisure for community

14.3. Additional Information [Optional]

          
        

SG 15. ESG issues for internally managed assets not reported in framework

15.1. Describe how you address ESG issues for internally managed assets for which a specific PRI asset class module has yet to be developed or for which you are not required to report because your assets are below the minimum threshold.

Asset Class

Describe what processes are in place and the outputs or outcomes achieved

Cash

Internally managed cash is utilised for daily operating activities of the business.

Sasria's internal Audit Department performs compliance audits which is reported to the Audit committee. (Governance)

Any excess cash is assessed and  allocated in terms of Sasria's strategic asset allocation these investments will be considered from an ESG perspective by the responsible personnel and approved at the investment committee.

A performance assessement which includes a benchmark exercise is conducted for the investment portfolio.  

15.2. Additional information [Optional].

The Board recognises that the generation of long-term sustainable returns from internally or externally managed assets is dependent on stable, well-functioning and well-govened social, environmental and econmic systems. 


SG 16. ESG issues for externally managed assets not reported in framework

16.1. Describe how you address ESG issues for externally managed assets for which a specific PRI asset class module has yet to be developed or for which you are not required to report because your assets are below the minimum threshold.

Asset Class

Describe what processes are in place and the outputs or outcomes achieved

Property

The Board considers ESG issues on Sasria’s investment portfolio as a whole. The Board takes a wider view, acknowledging the full spectrum of risks and opportunities facing them, in order to allocate its assets in a manner that is aligned with the short and long-term interests of Sasria.

Sasria manages ESG issues for externally managed assets through engagement with asset managers and asset consultants. Sasria reports internally on the investment portfolio to the Board and sub committees who will consider ESG.

 

Cash

The Board considers ESG issues on Sasria’s investment portfolio as a whole. The Board takes a wider view, acknowledging the full spectrum of risks and opportunities facing them, in order to allocate its assets in a manner that is aligned with the short and long-term interests of Sasria.

Sasria manages ESG issues for externally managed assets through engagement with asset managers and asset consultants. Sasria reports internally on the investment portfolio to the Board and sub committees who will consider ESG.

16.2. Additional information.


Top