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PRI reporting framework 2020

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.

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

Select all that apply

Policy components/types

Coverage by AUM

          Mercy's 4 critical concerns

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

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.

In recognition of the Principles for Investments set by the United States Conference of Catholic Bishops in 2003, Mercy's portfolio will seek to: do no harm (avoid evil), actively participate in shareholder advocacy, and promote the common good.

Mercy's investment principles are centered on the critical concerns Mercy's Portfolio and Mercy Investment Team hold in order to guide the investments in the portfolio to make the most meaningful impact:

  • Human Dignity (Human Trafficking, Dignity of Human Life, Empowerment of Women & Children)
  • Non-Violence
  • Stewarding the Earth's Resources (Climate, Water)
  • Advancing Quality Healthcare & Healthcare Innovation

The Mercy Investment Team will report at least quarterly on the application of the (4) approaches below for each asset class, including rationale and performance implications for the Investment Committee's review.

  • Negative Screening: Refusing to hold stocks, bonds, or other securities of companies that harm the earth, manufacture weapons, or hurt human life.
  • Shareholder Advocacy: promoting corporate responsibility through dialogue, education, proxies, and resolutions.
  • Environmental, Social and Governance (ESG) Focus: Investing with managers that are UNPRI signatories and/or incorporate ESG metrics in their due diligence process.
  • Impact Investing:  Making investments that positively influence and/or promote Mercy's critical concerns.

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]

Human Dignity: This includes human trafficking, dignity of human life, and empowerment of women and children.

Non-Violence: This includes weapons and any other company that is involved in any violent products or services.

Stewarding the Earth's Resources: This includes the encouragement of keeping our planet clean by having positive impacts on the climate, water and other natural resources. 

Advancing Quality Healthcare and Healthcare Innovation: This includes managers that focus their funds on the involvement of disruptive healthcare technologies or any advancement that supports healthcare. 

01.6. Additional information [Optional].


SG 01 CC. Climate risk (Private)

SG 02. Publicly available RI policy or guidance documents


02.1. Indicate which of your investment policy documents (if any) are publicly available. Provide a URL and an attachment of the document.

02.2. Indicate if any of your investment policy components are publicly available. Provide URL and an attachment of the document.

02.3. Additional information [Optional].

SG 03. Conflicts of interest

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

03.3. Additional information. [Optional]

SG 04. Identifying incidents occurring within portfolios

04.1. Indicate if your organisation has a process for identifying and managing incidents that occur within investee entities.

04.2. Describe your process on managing incidents

Although there is not a set process, the Mercy Investment Team will take certain measures for each specific incident. This may include contacting our consultants or Mercy's CFO for a plan of action - again, this depends on the severity of the incident. We conduct review meeting at least on a quarterly basis with our largest fund managers to review portfolio holdings and recent changes.