All ESG scores are integrated into the traditional financial tool named Pegase. This score is supported by an ESG qualitative comment that helps credit financial analysts to better understand ESG risks and opportunities related to the issuer.
In addition, a monthly meeting was implemented in June 2018 where RI and credit analyst discuss issuers at risk from an ESG perspective.
We have develop a dedicated tool to assess green bonds. This scoring tool is based on 2 axes: one axe analyses the overall climat/ environmental strategy ofthe issuer, while the 2nd axe focuses on the effective impact of the green bond. The score relies on various weighted qualitative and quantitative KPI. Scorings range from 1 to 10. Issues that scored between 8 and 10 are not considered as green assets within LBPAM.