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