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

Colonial First State Global Asset Management (including First State Investments)

PRI reporting framework 2017

Export Public Responses
Pdf-img

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. 実施するスクリーニングの種類を記載してください。

SSA
社債(金融)
社債(非金融)
証券化商品
ネガティブ/ 排他的スクリーニング
ポジティブ/業界最高のスクリーニング
基準に基づくスクリーニング

07.2. 組織内でアクティブ運用している債券に適用するスクリーニングのアプローチを記載してください。

We exclude cluster munition and land mine manufacturers. The criteria were established under our cluster munitions policy which was approved by the Global Responsible Investment Steering Group. The companies captured by the policy are reviewed annually with any changes reported in our annual responsible investment and stewardship report. 

We also exclude sanctioned and very high risk countries, companies domiciled in those countries and indviduals. The process includes a two-tier system whereby some countries are completely blocked (such as Iran, North Korea, Syria) and others are heavily restricted. The process is described in the additional inforamtion section below.

07.3. 補足情報。 [任意]

In both fixed income and equity systems, we enforce country level restrictions based on the constituents of the Australian Department of Foreign Affairs and Trade (DFAT) Sanctioned Countries List and similar lists issued by Governments in other jurisdictions where our funds are domiciled. The constituents on each system are regularly reviewed and updated.

Any potential investments in companies domiciled in these countries would be rigorously screened to ensure that there is no association with any sanctioned individual, entity or regime prior to investment. No investment is possible in companies domiciled in any country on the DFAT list without clearance from Investment Compliance personnel as the system controls do not allow it.

In addition our controls include screens for any potential investment from a country deemed to be ‘very high risk’ in relation to politically exposed persons, sanctions and ultimate beneficial ownership controls. The scope of this framework will be wider than the sanctioned countries list and the countries deemed to be ‘very high risk’ are updated on a regular basis.


FI 08. Negative screening - overview and rationale

08.1. ネガティブスクリーニングを実行した理由を明示してください。

SSA

SSA

社債(金融)

社債(金融)

社債(非金融)

社債(非金融)

証券化商品

証券化商品

08.2. 投資ユニバースから発行体についてESGベースのネガティブスクリーニングを行うアプローチについて説明してください。

We exclude cluster munition and loan mine manufacturers. The criteria were established under our cluster munitions policy which was approved by the Global Responsible Investment Steering Group. The companies captured by the policy are reviewed annually with any changes reported in our annual responsible investment and stewardship report. 

We also exclude sanctioned and very high risk countries, companies domiciled in those countries and indviduals. The process includes a two-tier system whereby some countries are completely blocked (such as Iran, North Korea, Syria) and others are heavily restricted. 

08.3. 補足情報。[任意]


FI 09. Examples of ESG factors in screening process

09.1. スクリーニング条件に含まれているESG要因の例を挙げてください。

種類

ESG要因

スクリーニング

スクリーニングの説明

We exclude companies who manufacture cluster munitions. For cluster munitions and land mines the criteria were established under our cluster munitions policy which was approved by the Global Responsible Investment Steering Group. The companies captured by the policy are reviewed annually with any changes reported in our annual responsible investment and stewardship report. Currently this includes:

  • Hanwha Corporation;
  • Orbital ATK, Inc;
  • Poongsan Corporation
  • Motovilikha Plants JSC; and
  • Textron, Inc.

種類

ESG要因

スクリーニング

スクリーニングの説明

For sanctioned we enforce country level restrictions based on the constituents of the Australian Department of Foreign Affairs and Trade (DFAT) Sanctioned Countries List and similar lists issued by Governments in other jurisdictions where our funds are domiciled. The constituents on each system are regularly reviewed and updated.

Any potential investments in companies domiciled in these countries would be rigorously screened to ensure that there is no association with any sanctioned individual, entity or regime prior to investment. No investment is possible in companies domiciled in any country on the DFAT list without clearance from Investment Compliance personnel as the system controls do not allow it.

Currently this includes:

  • Central African Republic
  • Congo, Democratic Republic of the
  • Cuba
  • Eritrea (ER) [new]
  • Guinea-Bissau
  • Iran
  • Iraq
  • Lebanon
  • Libya
  • Korea, Democratic People's Republic (North Korea)
  • Sudan
  • Somalia
  • South Sudan
  • Ukraine
  • Yemen

種類

ESG要因

スクリーニング

スクリーニングの説明

We exclude companies on the Office of Foreign Assets Control ("OFAC") of the US Department of the Treasury sanctions list. Currently this includes:

  • Surgutneftegaz ADR
  • Lukoil ADR
  • Oao Gazprom Adr Reg S
  • VTB GDR REG S
  • SBERBANK RUSSIA PREF(RUB
  • ROSTELECOM RUB0.0025(RUB)
  • Ak Transneft Oao-Pref
  • Surgutneftegas - PFD
  • Gazprom Neft ADR
  • OIL CO LUKOIL PJSC ADR EACH REPR 1 ORD RUB0.02
  • ROSNEFT OJSC-REG S GDR
  • GAZPROM NEFT-SPONSORED ADR
  • NOVATEK PJSC GDR EACH REPR 10 ORD 'REG S
  • Gazprom OAO
  • Lukoil OAO-CLS
  • Rosneft Oil Company
  • Surgutneftegas
  • VTB Bank OJSC
  • Sberbank - Sponsored ADR
  • NOVATEK PJSC RUB0.1(RUB)
  • Sberbank - Sponsored ADR
  • Sberbank
  • Sberbank - Sponsored ADR
  • ROSTELECOM-Sponsored ADR
  • BANK OF MOSCOW RUB100(RUB)
  • Almaz Antey Brd
  • Rosselkhozbank Ojsc
  • Dobrolet Ltd
  • STROYTRANSGAZ OAO RUB25(USD)
  • TRANSNEFT RUB1
  • UNITED AIRCRAFT CO RUB0.86(RUB)
  • United Shipbuilding Corp OAO

種類

ESG要因

スクリーニング

スクリーニングの説明

In addition our controls include screens for any potential investment from a country deemed to be ‘very high risk’ in relation to politically exposed persons, sanctions and ultimate beneficial ownership controls. The scope of this framework will be wider than the sanctioned countries list and the countries deemed to be ‘very high risk’ are updated on a regular basis.

  • Afghanistan
  • Ivory Coast
  • Congo, Democratic Republic of the
  • Cuba
  • Eritrea (ER) [new]
  • Iran
  • Iraq
  • Lebanon
  • Myanmar (MM) [formerly MMK]
  • Korea, Democratic People's Republic (North Korea)
  • Palestinian Territory, Occupied
  • Sudan
  • Somalia
  • Syria
  • Venezuela
  • Yemen

09.2. 補足情報 [任意]


FI 10. Screening - ensuring criteria are met

10.1. 債券投資においてファンドスクリーニングの基準に違反がないことを確認するために組織が使用しているシステムを記載してください。

スクリーニングの種類
ネガティブ/排他的スクリーニング​

10.2. 補足情報。 [任意]


Top