This report shows public data only. Is this your organisation? If so, login here to view your full report.

Eurizon Capital SGR

PRI reporting framework 2020

Export Public Responses
Pdf-img

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

Listed equity – voting

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.

          Engaging with governments and/or governmental agencies is extremely difficult to pursue in order to achieve concrete goals and comparisons among issuers. Mild engagement practices take place when meeting supranational issuers of green bonds.
        

Fixed income Corporate (financial) – engagement

Fixed income Corporate (non-financial) – engagement

Fixed income Corporate (securitised) – engagement


OO 11. ESG incorporation practices for all assets

11.1. Select the internally managed asset classes in which you addressed ESG incorporation into your investment decisions and/or your active ownership practices (during the reporting year).

Listed equity

Fixed income - SSA

Fixed income - corporate (financial)

Fixed income - corporate (non-financial)

Fixed income - securitised

Fund of hedge funds

Cash

Money market instruments

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 (financial)

Fixed income - corporate (financial) - 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

Fund of hedge funds

Fund of hedge funds - ESG incorporation addressed in your external manager selection, appointment and/or monitoring processes

11.3b. If your organisation does not integrate ESG factors into investment decisions on your externally managed assets, explain why not.

In monitoring ESG integration within third-parties mutual funds, Eurizon considers ESG information, and it is strongly recommended to consider ESG information, although at present it is not binding. ESG integration is constantly evolving and the team of analysts monitors industry developments.

 

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

In our due diligence process on third party funds we are committed to understand how ESG is considered by our managers.

In order to understand how counterparties deal with non-financial data since the end of 2018, we have started to submit a questionnaire both at fund house level and at fund manager level:

Fund Managers: in order to understand how these data can be important for the investment process and how restrictive they are with respect to their investment  universe;

Fund Houses: in order to understand how important Responsible Investing is for the Fund House (dedicated resources, reporting lines,

sharing platforms, external data providers utilized vs internal analyses) and to understand their capabilities and deepness of the analysis.

All counterparties in Eurizon (Mutual Funds) Buy List are required to update this questionnaire every 2 years (last questionnaire request by end 2019).

In monitoring ESG integration, we seek both qualitative and quantitative evidence of application: Eurizon utilizes Morningstar data in order to gauge, ex-post, portfolio positioning in terms of ESG variables.

All the comprehensive information is required in order to be aware of the degree of integration of non financial data in the investment process;

for any new fund to be approved in Eurizon Buy List we consider ESG information, and it is strongly recommended to consider ESG information, although at present it is not binding.

ESG integration is constantly evolving and the team of analysts monitor industry developments.


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 directly or via service providers

Direct - Listed Equity incorporation

Direct - Listed Equity active ownership

Direct - Fixed Income

RI implementation via external managers

Indirect - Selection, Appointment and Monitoring of External Managers

Closing module

12.2. Additional information. [Optional]


Top