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

Suva

PRI reporting framework 2020

Export Public Responses
Pdf-img

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

ESG incorporation in actively managed fixed income

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
100 Screening alone
0 Thematic alone
0 Integration alone
0 Screening + integration strategies
0 Thematic + integration strategies
0 Screening + thematic strategies
0 All three strategies combined
0 No incorporation strategies applied
100%
Corporate (financial)
100 Screening alone
0 Thematic alone
0 Integration alone
0 Screening + integration strategies
0 Thematic + integration strategies
0 Screening + thematic strategies
0 All three strategies combined
0 No incorporation strategies applied
100%
Corporate (non-financial)
100 Screening alone
0 Thematic alone
0 Integration alone
0 Screening + integration strategies
0 Thematic + integration strategies
0 Screening + thematic strategies
0 All three strategies combined
0 No incorporation strategies applied
100%
Securitised
100 Screening alone
0 Thematic alone
0 Integration alone
0 Screening + integration strategies
0 Thematic + integration strategies
0 Screening + thematic strategies
0 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.

The same process used for equity investments is followed. Therefore, the process of identifying critical companies, engaging with them and possibly putting them on an exclusion list is carried out by the SVVK-ASIR directly. This also means that the exclusion list that Suva adopts as a basis for its decisions is the one established by the SVVK-ASIR.

Suva's screening approach further consists of abiding by the legal sanctions and embargos decided upon by the Swiss government against countries, institutions and companies. For example, trading in new debt issued by certain Russian financial, non-financial corporates and SSAs need to be reported to Swiss Authorities.

We fulfil furthermore country minimum ESG standards by only investing in countries that fulfil the minimum requirements for inclusion in the major global developed and emerging market indices.

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:

specify description

          We collaborate with SVVK-ASIR and SVVK-ASIR receives ESG Research from third party providers. SVVK-ASIR ensures that the 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]

Until June 2017 we used an internally generated exclusion list that we developed using ESG company data. After that, the internal use of ESG company data was discontinued. From June 2017, for many activities in relation to responsible investment, we collaborate with SVVK-ASIR (e.g., for engagement and an exclusion list).

Suva's screening approach further consists of abiding by the legal sanctions and embargos decided upon by the Swiss government against countries, institutions and companies. (https://www.seco.admin.ch/seco/en/home/Aussenwirtschaftspolitik_Wirtschaftliche_Zusammenarbeit/Wirtschaftsbeziehungen/exportkontrollen-und-sanktionen/sanktionen-embargos.html)


(A) Implementation: Screening

FI 04. Types of screening applied

04.1. Indicate the type of screening you conduct.

Select all that apply
SSA
Corporate (financial)
Corporate (non-financial)
Securitised
Negative/exclusionary screening
Positive/best-in-class screening
Norms-based screening

04.2. Describe your approach to screening for internally managed active fixed income

The same process used for equity investments is followed. Therefore, the process of identifying critical companies, engaging with them and possibly putting them on an exclusion list is carried out by the SVVK-ASIR directly. This also means that the exclusion list that Suva adopts as a basis for its decisions is the one established by the SVVK-ASIR.

Suva's screening approach further consists of abiding by the legal sanctions and embargos decided upon by the Swiss government against countries, institutions and companies. For example, trading in new debt issued by certain Russian financial, non-financial corporates and SSAs need to be reported to Swiss Authorities.

We fulfil furthermore country minimum ESG standards by only investing in countries that fulfil the minimum requirements for inclusion in the major global developed and emerging market indices.

04.3. Additional information. [Optional]


FI 05. Examples of ESG factors in screening process (Private)


FI 06. Screening - ensuring criteria are met

06.1. Indicate which systems your organisation has to ensure that fund screening criteria are not breached in fixed income investments.

Type of screening
Checks
Norms-based screening

other description

          Strict exclusion list to which all portfolio managers have access, pre-trade compliance implemented
        

06.2. Additional information. [Optional]


Top