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Finance in Motion GmbH

PRI reporting framework 2017

You are in Direct - Fixed Income » ESG incorporation in actively managed fixed income » (A) Implementation: Screening

(A) Implementation: Screening

FI 07. Types of screening applied

07.1. Indicate the type of screening you conduct.

Select all that apply
Corporate (financial)
Corporate (non-financial)
Negative/exclusionary screening
Positive/best-in-class screening
Norms-based screening

07.2. Describe your approach to screening for internally managed active fixed income

Our fixed income investments are based on several screening activities. Firstly, we require our investees to adhere to exclusion lists. Amongst others, funding may not be used to finance activities involving forced labour, radioactive materials, unbound asbestos fibres, hazardous chemicals, or wood or other forestry products from unsustainably managed forests (“negative screening”). Secondly, since we seek to achieve positive impact, our investments are based on investment guidelines or “green lists”, which stipulate what investments are eligible. For instance, certain investments need to achieve a 20% reduction in energy consumption and/or a 20% reduction in CO2 emissions, or contribute to soil conservation and sustainable land use (“positive screening”). Thirdly, we apply environmental and social (E&S) performance requirements when analysing investments during due diligence processes (“norms-based screening”). This involves an assessment of the Environmental and Social Management Systems of financial institutions we invest in, and a full E&S due diligence based on E&S performance requirements for our direct investments. Similarly, analysing governance aspects is part of our standard due diligence process.

07.3. Additional information. [Optional]


FI 08. Negative screening - overview and rationale

08.1. Indicate why you conduct negative screening.

Corporate (financial)

Corporate (fin)

Corporate (non-financial)

Corporate (non-fin)

08.2. Describe your approach to ESG-based negative screening of issuers from your investable universe.

We require the financial institutions we provide financing to to adhere to our mandates’ exclusion lists when on-lending to clients. Direct investments are screened against the same exclusions lists. Amongst others, funds may not be used to finance activities involving forced labour, radioactive materials, unbound asbestos fibres, hazardous chemicals, or wood or other forestry products from unsustainably managed forests.

Beyond legal reasons, we apply these criteria due to the mission of our funds. All funds we advise or manage are impact funds, which pursue a certain strategy in what they aim to promote (e.g. energy efficiency, biodiversity conservation). Hence, we exclude activities, which counteract the missions of our funds.

08.3. Additional information. [Optional]


FI 09. Examples of ESG factors in screening process (Not Completed)


FI 10. Screening - ensuring criteria are met

10.1. Indicate which systems your organisation has to ensure that fund screening criteria are not breached in fixed income investments.

Type of screening
Checks
Negative/exclusionary screening?
Positive/best-in-class screening
Norms-based screening

10.2. Additional information. [Optional]


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