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

Pensionfund Metalektro (PME)

PRI reporting framework 2018

Export Public Responses
Pdf-img

You are in Indirect – Manager Selection, Appointment and Monitoring » Appointment

Appointment

SAM 04. Appointment processes (listed equity/fixed income)

04.1. Indicate if in the majority of cases and where the structure of the product allows, your organisation does any of the following as part of the manager appointment and/or commitment process

04.2. Provide an example per asset class of your benchmarks, objectives, incentives/controls and reporting requirements that would typically be included in your managers’ appointment.

Asset class

Benchmark

          Benchmark is customized for exclusions such as weaponry
        

ESG Objectives

          Companies that are on our exclusion list are not eligible for investment; limit monitoring is in place to ensure these limits are not breached. An example is Wal-Mart, which is excluded for non compliance to ILO standards.
        

Incentives and controls

Reporting requirements

Benchmark

          Benchmark is customized for exclusions such as weaponry and tobacco
        

ESG Objectives

          Companies that are on our exclusion list are not eligible for investment; limit monitoring is in place to ensure these limits are not breached. An example is Wal-Mart, which is excluded for non compliance to ILO standards.
        
          Objective for the manager is to explicitly incorporate ESG risks in active investment decisions; this is monitored and discussed with manager on at least a yearly basis. In our selection and monitoring this is being reviewed in a structured way.
        

Incentives and controls

Reporting requirements

Benchmark

          Benchmark is customized for exclusions such as weaponry and tobacco
        

ESG Objectives

          Companies that are on our exclusion list are not eligible for investment; limit monitoring is in place to ensure these limits are not breached. An example is Wal-Mart, which is excluded for non compliance to ILO standards.
        
          Objective for the manager is to explicitly incorporate ESG risks in active investment decisions; this is monitored and discussed with manager on at least a yearly basis. In our selection and monitoring this is being reviewed in a structured way.
        
          PRI signatory required
        

Incentives and controls

Reporting requirements

Benchmark

          Mortgages
        

ESG Objectives

          We engage our manager with emphasis on how they integrate ESG-factors
        
          Our approach covers engagement with the manager about how he handles his investments also from an ESG perspective.
        

Incentives and controls

Reporting requirements

Benchmark

          MSCI and relevant peer group benchmarks
        

ESG Objectives

          Exclusion policy for investments that do not meet PME's criteria of Global Compact
        
          Objective for the manager is to explicitly incorporate ESG risks and possible improvements in investment decisions; this is monitored and discussed with manager on at least a yearly basis. In our selection and monitoring this is being reviewed in a structured way.
        
          Our approach covers engagement with the manager about how he handles his investments also from an ESG perspective.
        
          We ask managers to be(come) PRI signatory and promote AIC signatoryship for North American managers.
        

Incentives and controls

Reporting requirements

Benchmark

          Benchmark is an absolute % of return vis-a-vis liabilities/ INREV core funds index
        
          GRESB benchmark
        

ESG Objectives

          Exclusion policy for investments that do not meet PME's criteria
        
          Objective for the manager is to explicitly incorporate ESG risks and possible improvements in investment decisions; this is monitored and discussed with manager on at least a yearly basis. In our selection and monitoring this is being reviewed in a structured way.
        
          Our approach covers engagement with the manager about how he handles his investments also from an ESG perspective.
        
          Target for energy labels of the property
        
          We ask managers to be(come) PRI signatory and request GRESB participation.
        

Incentives and controls

Reporting requirements

Benchmark

          Long term absolute % goal
        

ESG Objectives

          Objective for the manager is to explicitly incorporate ESG risks and possible improvements in investment decisions; this is monitored and discussed with manager on at least a yearly basis. In our selection and monitoring this is being reviewed in a structured way.
        
          We measure the impact of our renewables: clean energy that is produced and CO2-emissions saved
        
          We ask managers to be(come) PRI signatory/AIC for North American managers.
        

Incentives and controls

Reporting requirements

04.4. Indicate which of these actions your organisation might take if any of the requirements are not met

04.5. Provide additional information relevant to your organisation's appointment processes of external managers. [OPTIONAL]

          
        

Top