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GEROA PENTSIOAK E.P.S.V. de EMPLEO

PRI reporting framework 2019

You are in Strategy and Governance » Asset class implementation not reported in other modules

Asset class implementation not reported in other modules

SG 16. ESG issues for internally managed assets not reported in framework

Describe how you address ESG issues for internally managed assets for which a specific PRI asset class module has yet to be developed or for which you are not required to report because your assets are below the minimum threshold.

Asset Class

Describe what processes are in place and the outputs or outcomes achieved

Fixed income - Securitised

We do not have a specific investment policy for this type of asset. However, a minimum ESG criteria is required to de issuer.

Private equity

1) Evaluation of the management entity, analysing the ESG policies used in their funds.

2) Analysis of standards subscriptions, as well as commitments in regards to ESG.

3) Analysis of monthly, quarterly or annual reports that the management entities send to us.

4) Dialogue with managers at least once a year.

Property

1) Evaluation of the management entity, analysing the ESG policies used in their funds.

2) Analysis of standards subscriptions, as well as commitments in regards to ESG.

3) Analysis of monthly, quarterly or annual reports that the management entities send to us.

4) Dialogue with managers at least once a year.

Infrastructure

1) Evaluation of the management entity, analysing the ESG policies used in their funds.

2) Analysis of standards subscriptions, as well as commitments in regards to ESG.

3) Analysis of monthly, quarterly or annual reports that the management entities send to us.

4) Dialogue with managers at least once a year.

Commodities

1) Evaluation of the management entity, analysing the ESG policies used in their funds.

2) Analysis of standards subscriptions, as well as commitments in regards to ESG.

3) Analysis of monthly, quarterly or annual reports that the management entities send to us.

4) Dialogue with managers at least once a year.

Hedge funds - DDQ

Select whether you have responded to the PRI Hedge Fund DDQ

Hedge funds

1) Evaluation of the management entity, analysing the ESG policies used in their funds.

2) Analysis of standards subscriptions, as well as commitments in regards to ESG.

3) Analysis of monthly, quarterly or annual reports that the management entities send to us.

4) Dialogue with managers at least once a year.

Farmland

1) Evaluation of the management entity, analysing the ESG policies used in their funds.

2) Analysis of standards subscriptions, as well as commitments in regards to ESG.

3) Analysis of monthly, quarterly or annual reports that the management entities send to us.

4) Dialogue with managers at least once a year.

Cash

Accounts will be opened at entities who show that they have incorporated ESG criteria in their investment and management policies. It is a requirement that a minimum of 75% of AUM be deposited in entities with an ESG rating from Sustainalytics or RobecoSAM.

If an entity does not have a rating, the management team shall conduct an ESG study, and shall decide if it meets the investment principles required.

Money market instruments

We do not have a specific investment policy for this type of asset, we consider it as Corporate FI.

Exclusion by country according to ESG country Risk, exclusion owing to behaviour (controversies analysis) and Qualification and evaluation of ESG criteria using ESG rankings.

Other (1) [as defined in Organisational Overview module]

STRUCTURED PRODUCTS and DERIVATIVES

We will invest in structured financial products that are managed by entities who have demonstrated having ESG criteria in their investment and management policy.

At minimum, 75% of the investment will be in entities with an ESG rating from Sustainalytics or RobecoSAM.

For savings banks or cooperatives, or any other entity without a rating, the management team shall conduct an ESG study, and shall decide if it meets the investment principles required.

16.2. Additional information [Optional].


SG 17. ESG issues for externally managed assets not reported in framework (Not Applicable)


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