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MetallRente GmbH

PRI reporting framework 2020

You are in Organisational Overview » Asset class implementation gateway indicators

Asset class implementation gateway indicators

OO 10. Active ownership practices for listed assets

10.1. Select the active ownership activities your organisation implemented in the reporting year.

Listed equity – engagement

10.2. Indicate why you do not engage and do not require external managers to engage.

MetallRente does not engage with companies directly and we do not require our external managers to do so. However, external managers can engange on their behalf and interest and for the MetallRente.Fondsportfolio our external asset manager, Allianz Global Investors (AGI), can engage with companies in their interest and according to their ESG policies as i. e. a UN-PRI signatory. 

Listed equity – voting

10.3. Indicate why you do not cast your votes

MetallRente does not actively cast votes or requires our external asset managers to vote on our behalf, but for the MetallRente.Fondsportfolio our external asset manager, Allianz Global Investors (AGI), (proxy) votes for about 98% of all shares with respect to their own guidelines on behalf and in common interest of all their clients. AGI is also a UN-PRI signatory and follows substantial ESG policies. 

Fixed income SSA – engagement

Please explain why you do not engage directly and do not require external managers to engage with companies on ESG factors.

          MetallRente does not engage with companies directly and we do not require our external managers to do so. However, external managers can engange on their behalf and interest and for the MetallRente.Fondsportfolio our external asset manager, Allianz Global Investors (AGI), can engage with companies in their interest and according to their ESG policies as i. e. a UN-PRI signatory.
        

Fixed income Corporate (non-financial) – engagement

Please explain why you do not engage directly and do not require external managers to engage with companies on ESG factors.

          MetallRente does not engage with companies directly and we do not require our external managers to do so. However, external managers can engange on their behalf and interest and for the MetallRente.Fondsportfolio our external asset manager, Allianz Global Investors (AGI), can engage with companies in their interest and according to their ESG policies as i. e. a UN-PRI signatory.
        

OO 11. ESG incorporation practices for all assets

Select the externally managed assets classes in which you and/or your investment consultants address ESG incorporation in your external manager selection, appointment and/or monitoring processes.
Asset class
ESG incorporation addressed in your external manager selection, appointment and/or monitoring processes
Listed equity

Listed equity - ESG incorporation addressed in your external manager selection, appointment and/or monitoring processes

Fixed income - SSA

Fixed income - SSA - ESG incorporation addressed in your external manager selection, appointment and/or monitoring processes

Fixed income - corporate (non-financial)

Fixed income - corporate (non-financial) - ESG incorporation addressed in your external manager selection, appointment and/or monitoring processes

11.4. Provide a brief description of how your organisation includes responsible investment considerations in your investment manager selection, appointment and monitoring processes.

MetallRente works with Allianz Global Investors (AGI) as their external asset managers, who are also a UN-PRI signatory. ESG issues including a specific ESG score are reported at least twice each year during our Asset Management Board Meetings.

MetallRente continuously monitors AGI in order to ensure ESG responsible investment decisions and has not switched external asset managers due to the high level of competence and continuous common challenge to improve ESG matters in our investment decision process.

When selecting and appointing AGI when the MetallRente.Fondsportfolio and later on unit-linked pension products were set up, ESG competence played an important role due to our MetallRente memorandum of association. 


OO 12. Modules and sections required to complete

12.1. Below are all applicable modules or sections you may report on. Those which are mandatory to report (asset classes representing 10% or more of your AUM) are already ticked and read-only. Those which are voluntary to report on can be opted into by ticking the box.

Core modules

RI implementation via external managers

Indirect - Selection, Appointment and Monitoring of External Managers

Closing module

12.2. Additional information. [Optional]

In 2019 MetallRente closely reviewed our ESG policies and strategy together with our external asset managers as well as with independent ESG analysts and experts and issued an updated ESG policy and strategy statement that we also shared with our partners and clients. 


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