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

United Nations Joint Staff Pension Fund

PRI reporting framework 2018

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 04. Types of screening applied

04.1. Indicate the type of screening you conduct.

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

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

IPS Statement - Restricted Securities:

Investments in the tobacco industry: 
 
Investments in companies that derive any revenue from the production of tobacco and that primarily deal with manufacturing and distribution of tobacco and tobacco related products are prohibited. 
 
Investments in armaments or other military equipments: 

The Fund shall not invest in securities of companies that derive any revenue from the production of military weapons, weapons systems or weapons of mass destruction, including nuclear, chemical or biological weapons, or derive more than 10 per cent of their revenue from the production of customized components for purposes of the production of military weapons, weapons systems or weapons of mass destruction.

Compuset Credit Rating 

The long term fixed income portfolio’s allocation to the BBB credit rating band must not exceed the BBB allocation within the prevailing fixed income benchmark by an amount of more than 300 basis points.  

 Green Bond Analysis

Issuer engagement on teh following parameters: currency denomination, valuation, sector and issuer analysis (ESG), duration, and SSA risk mitigation due diligence. 

 

04.3. Additional information. [Optional]


FI 05. Negative screening - overview and rationale

05.1. Indicate why you conduct negative screening.

SSA

SSA

Corporate (financial)

Corporate (fin)

Corporate (non-financial)

Corporate (non-fin)

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

IPS Statement - Restricted Securities:

Investments in the tobacco industry: 
 
Investments in companies that derive any revenue from the production of tobacco and that primarily deal with manufacturing and distribution of tobacco and tobacco related products are prohibited. 
 
Investments in armaments or other military equipments: 

The Fund shall not invest in securities of companies that derive any revenue from the production of military weapons, weapons systems or weapons of mass destruction, including nuclear, chemical or biological weapons, or derive more than 10 per cent of their revenue from the production of customized components for purposes of the production of military weapons, weapons systems or weapons of mass destruction.

Compustat Credit Rating ESG Validation

The long term fixed income portfolio’s allocation to the BBB credit rating band must not exceed the BBB allocation within the prevailing fixed income benchmark by an amount of more than 300 basis points.  

 Green Bond Fixed Income Analysis

Issuer engagement on teh following parameters: currency denomination, valuation, sector and issuer analysis (ESG), duration, and SSA risk mitigation due diligence. 

05.3. Additional information. [Optional]


FI 06. Examples of ESG factors in screening process (Private)


FI 07. Screening - ensuring criteria are met

07.1. 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

07.2. Additional information. [Optional]


Top