All our fixed income investments we manage on our own behalf is invested in a very conservative and risk averse way. As it also can be seen on our webpage https://www.sparda-m.de/transparenz.php we think it is fair to claim that large proportions, i.e. more than 95% of them are invested in right from the beginning ESG "unsuspicious" assets classes. These investments are for example funding of our cooperative central bank DZ BANK, german covered bonds, deposits in "Bausparkassen" (building societies) etc.
So just screening them seems to us an appropriate, suitable and last but not least cost-effective way to incorporate our ESG strategy.