Systematic sustainability alerts on companies selected for investment are received from Sustainalytics and in addition alerts are also picked up by Triodos Research. All alerts are checked to ensure that the companies in the Triodos Sustainable Investment Universe continue to meet our investment criteria. If a company is in breach of one of our sustainability criteria, this can lead to immediate exclusion. Delta Lloyd Asset Management is informed of this breach and the new status of the company. If the company is in the portfolio of one of the funds, Delta Lloyd Asset Management has three months time to sell our position in this company. In practice Delta Lloyd Asset Management immediately sells any stake in the company.
In August 2014, SICAV I started using an automated IT system from RBC Investor Services Bank SA (custodian and fund administrator) to ensure that no investments are made outside the Triodos Sustainable Investment Universe.
On top, every month we receive the portfolios of all funds managed by Delta Lloyd Asset Management. Triodos then checks if all companies in the portfolios are selected for sustainable investment. If this is not the case Delta Lloyd Asset Management has to sell the share immediately. In 2017 no such incident took place.
Information provided refers to 2017. Please note that, as of April 2018, Triodos Investment Management will bring the asset management of its SRI funds in-house. As of that month, a team of investment analysts will integrate the ESG and the financial performance in their analysis of companies, resulting in the definition of the investment universe. Related organisational changes are being implemented and expected to be fully in place by the end of 2018. See FI 01.3.
New IT systems will automatically prevent investment in not-selected companies or countries.