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BancoPosta Fondi SGR

PRI reporting framework 2020

Basic information [OO 01 - 09] Asset class implementation gateway indicators [OO 10 - 12] Peering questions [OO LE 01 - HF 01]

Strategy and Governance

Objectives and strategies [SG 05 - 06] Governance and human resources [SG 07 - 08] Promoting responsible investment [SG 09 - 11] Outsourcing to fiduciary managers and investment consultants [SG 12] ESG issues in asset allocation [SG 13 - 15] Asset class implementation not reported in other modules [SG 16 - 17] Communication [SG 19]

Direct - Fixed Income

ESG incorporation in actively managed fixed income [FI 01 - 12] Implementation processes [FI 01 - 03] (A) Implementation: Screening [FI 04 - 06] (C) Implementation: Integration [FI 10 - 12] Fixed income - Engagement [FI 14 - 16] Outputs and outcomes [FI 17 - 18]

Confidence building measures

Confidence building measures [CM1 01 - 07]

Export Public Responses

You are in Strategy and Governance » Investment policy

Investment policy

SG 01. RI policy and coverage

New selection options have been added to this indicator. Please review your prefilled responses carefully.

01.1. Indicate if you have an investment policy that covers your responsible investment approach.

Yes

01.2. Indicate the components/types and coverage of your policy.

Select all that apply

Policy components/types

Coverage by AUM

Policy setting out your overall approach

Formalised guidelines on environmental factors

Formalised guidelines on social factors

Formalised guidelines on corporate governance factors

Fiduciary (or equivalent) duties

Asset class-specific RI guidelines

Sector specific RI guidelines

Screening / exclusions policy

Engagement policy

(Proxy) voting policy

Other, specify (1)

Other, specify(2)

Applicable policies cover all AUM

Applicable policies cover a majority of AUM

Applicable policies cover a minority of AUM

01.3. Indicate if the investment policy covers any of the following

Your organisation’s definition of ESG and/or responsible investment and it’s relation to investments

Your investment objectives that take ESG factors/real economy influence into account

Time horizon of your investment

Governance structure of organisational ESG responsibilities

ESG incorporation approaches

Active ownership approaches

Reporting

Climate change

Understanding and incorporating client / beneficiary sustainability preferences

Other RI considerations, specify (1)

Other RI considerations, specify (2)

01.4. Describe your organisation’s investment principles and overall investment strategy, interpretation of fiduciary (or equivalent) duties,and how they consider ESG factors and real economy impact.

BancoPosta Fondi SGR's Responsible Investment (RI) Policy is consistent with Gruppo Poste Italiane's Sustainability Plan and aims to integrate concerns on ESG issues throughout its investment strategies to both meet social and environmental needs and create positive impacts. Communication with stakeholders about both direct and indirect impacts is core to the RI strategy. The RI policy provides with guidelines for managing investment to be applied to the specific circumstances. BancoPosta Fondi SGR informs external managers about its RI policy though they may opt for defining and applying their own. The RI policy includes exclusion criteria and entails ESG assessments of the issuers regardless of whether they are corporate or governmental. BancoPosta Fondi SGR's Committee regularly monitors the evolution of portfolio companies' ESG profile during the holding period: to this end, externally provided informations are processed and engagement activities with portfolio companies are carried out. The RI policy is made up by detailed guidelines for voting and engagement practices that allow the Company to encourage ESG considerations across portfolio companies. For companies operating in sensitive industries, the RI policy details investment criteria. Progresses on the integration of the RI policy are reported at least annually and disclosed publicly.

01.5. Provide a brief description of the key elements, any variations or exceptions to your investment policy that covers your responsible investment approach. [Optional]

01.6. Additional information [Optional].

SG 01 CC. Climate risk (Private)

SG 02. Publicly available RI policy or guidance documents

SG 03. Conflicts of interest

03.1. Indicate if your organisation has a policy on managing potential conflicts of interest in the investment process.

Yes

03.2. Describe your policy on managing potential conflicts of interest in the investment process.

BancoPosta Fondi SGR adopted a policy for preventing conflicts of interests and to manage them with regards to the structure of the Group it belongs to (Gruppo Poste Italiane). The policy includes definitions both for interest and conflict of interests that may arise in the scope of the Company's activity. The policy aims to protect UCITS participants' interest avoiding initiatives with detrimental effects to other parties. To this end, the policy consists of a set of dispositions requiring to adopt any reasonable measure for identifying conflict of interests and of organizational, procedural and administrative dispositions to avoid the identified conflicts of interests to harm one or more clients and one or more of the UCITS managed by BancoPosta Fondi SGR.

03.3. Additional information. [Optional]

SG 04. Identifying incidents occurring within portfolios (Not Completed)

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