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

PriorNilsson Fonder

PRI reporting framework 2020

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

実施プロセス

FI 01. Incorporation strategies applied

以下を記載してください。 (1)組織でアクティブ運用する債券投資について、どのESG組み入れ戦略や組み合わせを使用しているか(2)各戦略が適用されるアクティブ運用債券投資合計の割合(+/- 5%)
社債(金融)
0 スクリーニングのみ
0 テーマのみ
0 統合のみ
100 スクリーニング + 統合戦略
0 テーマ + 統合戦略
0 スクリーニング + テーマ戦略
0 3つの戦略すべての組み合わせ
0 組み入れ戦略を適用していない
100%
社債(非金融)
0 スクリーニングのみ
0 テーマのみ
0 統合のみ
100 スクリーニング + 統合戦略
0 テーマ + 統合戦略
0 スクリーニング + テーマ戦略
0 3つの戦略すべての組み合わせ
0 組み入れ戦略を適用していない
100%

01.2. 特定のESG組み入れ戦略を選択している理由と、使用する戦略の組み合わせを説明してください。

Our ESG research supplier is performing bi-annually norm-based screenings of our portfolio companies. Our criteria for exclusion (based on international principles and frameworks) and black lists are also narrowing our investment universe ex-ante. Our fundamental analysis of investment opportunities then integrates and weigh in ESG factors into the normal investment decision-making process.

In the governance aspect of the ESG criteria we're looking at the firm from a complete stakeholder perspective. This means that we're taking both the interest of the equity holders but also the firm's creditors. When firms are taking on excessive leverage they might be acting in the interest of equity shareholders but not of their creditors and employees that might not be compensated for the risk of financial distress. This point is of course crucial in the financial analysis prior to making fixed income investments.

These screenings and integration on ESG factors lead us to make better risk-adjusted investment decisions both by mitigating the risk in our investment universe and in our holdings.

01.3. 補足情報 [任意]


FI 02. ESG issues and issuer research (Private)


FI 03. Processes to ensure analysis is robust

03.1. 組織のESG調査プロセスの堅牢性を確保する方法を記載してください。

03.2. ESG情報または分析を投資チーム内で共有する方法を記載してください。

          Our investment team is fairly small and works intimately with eachother. All ESG information and/or analysis is shared openly in the operating environment.
        

03.3. 補足情報 [任意]

Occasionally, we are provided with data on ESG factors from our research providers. This is, however, not a standard item in all equity research. Mostly because our universes cover companies where ESG factors are not deemed to be material.


Top