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Elo Mutual Pension Insurance Company

PRI reporting framework 2017

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You are in Direct - Listed Equity Incorporation » ESG incorporation in actively managed listed equities » Implementation processes

Implementation processes

LEI 03. Percentage of each incorporation strategy

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

03.1. Indicate (1) which ESG incorporation strategy and/or combination of strategies you apply to your actively managed listed equities and (2) the breakdown of your actively managed listed equities by strategy or combination of strategies (+/- 5%)

ESG incorporation strategy (select all that apply)

Percentage of active listed equity to which the strategy is applied
100 %
Total actively managed listed equities 100%

03.2. Describe your organisation’s approach to incorporation and the reasons for choosing the particular ESG incorporation strategy/strategies.

Integration is our core strategy for ESG but we also do screening (e.g. norms based screening, positive and negative screening based on various ESG- criteria) and thematic research on direct equities. By combining these different types of ESG- incorporation strategies we want to make sure we have an overall picture of the companies' ESG- risks and opportunities.

03.3. Where assets are managed using a combination of ESG incorporation strategies, briefly describe how these combinations are used. [Optional]

We use an international service provider to provide us information about any violations of international norms. On yearly basis we select a theme where we'll do our own intensive analysis. ESG- integration is done taking ESG- issues into consideration in every investment decision by portfolio managers.


LEI 04. Type of ESG information used in investment decision (Private)


LEI 05. Information from engagement and/or voting used in investment decision-making (Private)


(A) Implementation: Screening

LEI 06. Types of screening applied

06.1. Indicate and describe the type of screening you apply to your internally managed active listed equities.

Type of screening

Screened by

Description

Controversial weapons, Climate change related e.g. CO2- emissions, internation norms and conventions e.g. Global Compact

Screened by

Description

Positive environmental and social impact, Climate change related e.g. CO2- emissions

Screened by

          Our norms- based screening covers about 120 different international norms and conventions.
        

Description

Norms- based screening of International norms and conventions include issues both in social, environmental and governance topics.

06.2. Describe how the screening criteria are established, how often the criteria are reviewed and how you notify clients and/or beneficiaries when changes are made.

Our approach addresses both ESG- risks and opportunities. Criteria review is an ongoing process and we publish our main ESG- criteria to public (incl.clients) on our Responsible Invesment- document. 


LEI 07. Processes to ensure screening is based on robust analysis

07.1. Indicate which processes your organisation uses to ensure screening is based on robust analysis.

07.2. Additional information. [Optional]


LEI 08. Processes to ensure fund criteria are not breached (Private)


(B) Implementation: Thematic

LEI 09. Types of sustainability thematic funds/mandates

09.1. Indicate the type of sustainability thematic funds or mandates your organisation manages.

09.2. Describe your organisation’s processes for sustainability themed funds. [Optional]

We don't have a specific fund for sustainable theme. Instead we have a proader sustainability theme for our investments. Our objective is that by 2025, more than half of our invesments (direct equity and credit invesments and all infrastructure invesments) will have a measurable positive impact on the environment or society.


(C) Implementation: Integration of ESG issues

LEI 10. Review ESG issues while researching companies/sectors

10.1. Indicate if E, S and G issues are reviewed while researching companies and/or sectors in active strategies.

ESG issues

Coverage/extent of review on these issues

Environmental

Environmental

Social

Social

Corporate Governance

Corporate Governance

10.2. Additional information. [Optional]

ESG- issues are taken into a account in every investment decision and analysis.


LEI 11. Processes to ensure integration is based on robust analysis (Private)


LEI 12. Aspects of analysis ESG information is integrated into (Private)


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