Describe any specific features of your approach to responsible investment that you believe are particularly innovative.
- A rigorous governance of our RI activities: an RI strategy 2017-2020 a RI steering committee headed by the CIO, 7 RI project groups, a voting and engagement committee, a dedicated Responsible investment staff, 24 RI correspondents within several operational departments of our organisation
- 2017-2040 2°C Roadmap to tackle climate change issue
- Internal research according to our own rating grid
- Core and complementary SRI funds:a variety of RI strategies adopted (Positive screening/Best in universe, Engagement), on the European and US equities and on the credit bonds (with the originality of an investment universe both on investment grade and high yield issuers) and since 2017.
- Frequent meetings with companies on ESG issues (115 in 2017)
- Conviction engagement policy leading to close relationships with companies
- The ability to propose to our clients investment solutions with several constraints (eg. funds with a positive impact on climate through the implementation of low carbon strategies,...)
- The ability to implement our institutional clients' voting policy (analysis, execution and reporting)
- The follow up of ESG performance indicators for the portfolios of our SRI mandates and SRI open-ended funds, such as : carbon emissions (tonnes/ sales in million - scopes 1 and 2), rates of staff absenteeism or injury frequency (according to the business sector), the proportion of women on executive committee and whether companies are signatories to the UN's Global Compact. These indicators help track the SRI funds' extra-financial performance compared to their benchmarks indexes.
- A closed cooperation between the RI team and portfolio managers to strengthen the integration of ESG issues in mainstream portfolios.
- The development of advanced ESG integration processes within our management expertises (equity, credit, sovereign debt, fund selection/Multi-management, infrastructure debt)