Both our Impact Investing fund and our SRI Global Equity funds target low-carbon investments with 2 different strategies:
- DNCA Invest Beyond Semperosa only invests in companies that generate positive environmental or social impacts, i.e. companies that manage well their climate risks (assessed through our ESG ABA model) while have a positioning on the Sustainable Transition (about half of the portfolio is positioned specifically on the ecological transition). The carbon footprint of Semperosa is rather low compared to similar Euro Equity funds, standing below 100t CO2/M€ invested.
- DNCA Invest Beyond Global Leaders only invests in companies in sectors that face limited climate risks and are positioned on providing solutions to the transition. The fund invests in 4 main investments themes: healthcare, demographics, technology, digitization. The carbon footprint of this fund is very low, below 25t CO2/M€ invested
We are in the process of calculating the green share in each company we invest in (basically calculating the exposure to the ecological transition as % of revenues), but this process will be formalised in 2019.