Gemway decided to invest preferably in non cyclicals and in companies with lower dependance on subsidies. Therefore there is an investment focus on consumer, health, technology and telecom sectors.
Given this investment focus, the environmental impacts, notably carbon emissions, are reduced.
Gemway has set an activity-based exclusion policy (on coal, nuclear energy, controversial weapon, fur) with a thershold of 5% sales for the product. Gemway also excludes companies undergoing human rights violations.
ESG incorporation is implemented in 3 ways :
1) a selection of investment universe based on ESG criteria leading the exclusion of 20% of universe
2) a monthly monitoring of ESG scoring of the portfolio and a check of minimal threshold
3) an engagement process integrated to the portfolio management, enabling to improve practices or leading to divestment
4) a half year reporting of ESG impacts (E : CO2 emissions, S : training hours; G : controversies)