Our responsible investment policy consists of three strategic pillars:
1) We exclude companies on the basis of their business activities in the field of controversial weapons and their involvement in the coal sector (where this accounts for at least 30 per cent of their entire turnover). 2) We also incorporate ESG factors in our investment analysis, whereby companies must have at least a B rating (according to the data from MSCI) to be included in the investment universe. 3) We exercise our statutory voting rights, too.
We apply pillars 1 and 2 in our bond investments. We are convinced that this approach helps us to improve our return/risk-profile.