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

QBE Insurance Group Limited

PRI reporting framework 2019

You are in Direct - Fixed Income » ESG incorporation in actively managed fixed income » Implementation processes

Implementation processes

FI 01. Incorporation strategies applied

Indicate (1) Which ESG incorporation strategy and/or combination of strategies you apply to your actively managed fixed income investments; and (2) The proportion (+/- 5%) of your total actively managed fixed income investments each strategy applies to.
SSA
98 Screening alone
0 Thematic alone
0 Integration alone
0 Screening + integration strategies
0 Thematic + integration strategies
2 Screening + thematic strategies
0 All three strategies combined
0 No incorporation strategies applied
100%
Corporate (financial)
0 Screening alone
0 Thematic alone
0 Integration alone
97 Screening + integration strategies
0 Thematic + integration strategies
0 Screening + thematic strategies
3 All three strategies combined
0 No incorporation strategies applied
100%
Corporate (non-financial)
0 Screening alone
0 Thematic alone
99 Integration alone
0 Screening + integration strategies
0 Thematic + integration strategies
0 Screening + thematic strategies
1 All three strategies combined
0 No incorporation strategies applied
100%

01.2. Describe your reasons for choosing a particular ESG incorporation strategy and how combinations of strategies are used.

In selecting and assessing the credit worthiness of corporate and supra borrowers, the sustainability of the business is a key consideration. Strong governance that includes effective management of material ESG factors increases the likelihood that a company will continue to perform and manage risks effectively.

In 2018, QBE continued to iterate ESG integration within Fixed Income and extended it to Supranational issuers also. 

The key principles guiding credit selection encompasses developed market corporate, financial and structured debt. Each corporate entity under consideration is subject to an ESG Assessment, including independent external ESG ratings and the Portfolio Manager assessment. Selection and monitoring includes materially negative ESG developments.

The inclusion of the formal ESG Assessment helps to identify companies at risk of poor performance, this improving the risk and return of the investment, and as a debt investor to exert some influence on business operations and improve practices is a key focus for including ESG factors in our investment decisions.

In addition to the above, a thematic approach supports QBE’s commitment to green bonds and social bonds. All issuers are screened subject to QBE Global Sanctions Policy.

01.3. Additional information [Optional].


FI 02. ESG issues and issuer research (Private)


FI 03. Processes to ensure analysis is robust

03.1. Indicate how you ensure that your ESG research process is robust:

03.2. Describe how your ESG information or analysis is shared among your investment team.

03.3. Additional information. [Optional]


Top