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

RobecoSAM AG

PRI reporting framework 2018

You are in Strategy and Governance » Investment policy

Investment policy

SG 01. RI policy and coverage

New selection options have been added to this indicator. Please review your prefilled responses carefully.

01.1. Indicate if you have an investment policy that covers your responsible investment approach.

01.2. Indicate the components/types and coverage of your policy.

Select all that apply

Policy components/types

Coverage by AUM

01.3. Indicate if the investment policy covers any of the following

01.4. Describe your organisation’s investment principles and overall investment strategy, and how they consider ESG factors and real economy impact.

At RobecoSAM we believe that corporate sustainability is a company's capacity to prosper in a competitive and changing global business environment by anticipating and managing current and future economic, environmental and social opportunities and risks. We use financial markets as one of the most powerful transmission mechanisms to promote sustainable business practices.

As a pioneer in this field, we are committed to applying best practices within our own company as well. We strive for continuous improvement based on a periodic self-assessment and, thus, become a better company for our clients, employees and business partners.

We are dedicated to the following Corporate Responsibility principles:

We set a standard in Sustainability Investing. As a thought leader, we contribute to the investment community through our sustainability foresight.

We strive for eco-efficiency and compensate our remaining carbon footprint towards causes that benefit the environment.

We are committed to creating a working environment of cooperative growth - internally for our employees as well as externally by supporting community partnerships.

01.5. Provide a brief description of the key elements, any variations or exceptions to your investment policy that covers your responsible investment approach. [Optional]


RobecoSAM firmly believes that the integration of sustainability insights into financial analysis helps to gain a better understanding of companies' quality of management, long-term competitiveness and future performance potential. This in turn enables us to identify attractive investment opportunities that can generate long lasting value for our clients. In short, a focus on sustainability leads to better informed investment decisions.


Our investment decisions are based on two practical guiding principles: Firstly, sustainable business practices are critical to the creation of long-term stakeholder value in an increasingly resource-constrained world. Sustainability factors represent risks as well as opportunities for companies in an increasingly competitive business environment. We therefore actively integrate these factors in all investment processes of the investment strategies managed by RobecoSAM and most of the listed equity and fixed income strategies managed by Robeco Institutional Asset Management (RIAM). Our proprietary corporate sustainability assessment, covering 3900 firms (2016) with 600-1000 data points each is the backbone of our approach to sustainablity investing. The criteria of the assessment are whenever possible aligned with international standards or principles,


We also believe that the financial markets are the most powerful transmission mechanisms to promote sustainable business practices. We therefore act as active owners and engage with companies on an ongoing basis on how they can improve their sustainability performance through a dedicated team.


SG 02. Publicly available RI policy or guidance documents

New selection options have been added to this indicator. Please review your prefilled responses carefully.

02.1. Indicate which of your investment policy documents (if any) are publicly available. Provide a URL and an attachment of the document.





02.2. Indicate if any of your investment policy components are publicly available. Provide URL and an attachment of the document.

02.3. Indicate if your organisation’s investment principles, and overall investment strategy is publicly available

02.4. Additional information [Optional].

Our approach to analysing the sustainability performance of the companies we invest in is described in "Measuring Intangibles - sustainability assessment methodology". In addition, our annually published Sustainability Yearbook provides an overview of some of the key environmental, social and economic issues that are being assessed in each sector. Furthermore, our structured assessment methodology provides detailed guidance on environmental, social, governance and economic issues that have been identified as financial material by our analysts.  Finally, RobecoSAM makes public our sustainability integration process, detailing how sustainability and financial information are combined to produce a fair value price in the financial model.


SG 03. Conflicts of interest

03.1. Indicate if your organisation has a policy on managing potential conflicts of interest in the investment process.

03.2. Describe your policy on managing potential conflicts of interest in the investment process.

RobecoSAM does not anticipate any conflicts of interest with regard to the management of different client strategy mandates as it has a compliance framework that clearly supports the firm's commitment to best business practices for all assets invested in the same strategy.

Fair dealing and equal treatment of clients is an integral part of RobecoSAM's business ethics and has the highest priority. The main policy governing the respective standards is the "Kodex für die berufliche Vorsorge", a code established and administrated by the Swiss Pension Funds Association. The code requires its subscribers to protect beneficiaries from conflicts of interests of persons/institutions trusted with the management or advisory of any pension plan assets, establishes rules of conduct for persons/institutions trusted with the management and advisory of pensions' assets, and requires the disclosure of personal benefits of such trustees related to their activities for pension funds. The code also requires an independent audit regarding the existence and adequacy of internal policies and procedures.


03.3. Additional information. [Optional]


RobecoSAM's sustainability research process is also audited annually and has been designed to ensure that companies are assessed equally and fairly (e.g. blackout period between analysts and companies enforced during the assessment process) and that the necessary Chinese Walls are in place between Research and Portfolio Management (e.g. no access to scores until the Index is published). RobecoSAM's Sustainability Services, which provides companies with detail feedback on their corporate sustainability performance, is a separate entity. Please see its statement of independence:

 In a comprehensive "conflict of intererst" policy (document EX.02, not public), all interfaces and access rights are comprehensively regulated to ensure full independence of the respective internal teams. In particular, the documents regulates the separation of asset management and index related activities, as well as the restrictions for the availability of ESG information during the annual assessment cycle.


SG 04. Identifying incidents occurring within portfolios (Private)