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Providence Capital N.V.

PRI reporting framework 2020

You are in Indirect – Manager Selection, Appointment and Monitoring » Outputs and outcomes

成果および結果

SAM 08. Percentage of externally managed assets managed by PRI signatories (Private)


SAM 09. Examples of ESG issues in selection, appointment and monitoring processes

09.1. 報告年度において、運用会社の選定、指名やモニタリングプロセスの過程で、ESG問題がどのように対処されているかを示す事例を挙げてください。

トピックまたは問題
          Monitoring ESG issues with external managers
        
実行者
資産クラス
対象範囲およびプロセス

We conduct a written annual review with all our external managers.
More than half of the questions relate to responsible investment issues.

Amongst others, the following is addressed:
- Responsible investment policy
- Details exclusion/screening
- Details best-in-class selection
- Details engagement
- Details proxy voting
- Thematic selection
- Integration of ESG-(risk)factors in valuation process
- Specific policy on carbon footprint
- Participation in industry initiatives / collaborate actions
- Transparancy
- Resources and capacity developments of ESG (research) team
- ESG-elements in personal development and rewards ​
- ESG-score, carbon footprint and SDG score (vs benchmark)

 

結果

We have a full understanding of all ESG related activities of our underlying managers.
Also the managers understand these are very important issues for us.

トピックまたは問題
          Appointment new manager
        
実行者
資産クラス
対象範囲およびプロセス

In the reporting year we have appointed a new institutional manager, only accessible for professional investors, for a charitable foundation client of ours. We have selected them to make a step-up in the responsible investments for this charitable foundation.

結果

The ESG outcome of the portfolio has much increased. Instead of only negative screening best-in-class is incorporated. In addition the engagement and voting are further institutionalised. There was a substantial reduction of exposure to lesser responsible companies. As a result the E, S and G scores improved tremendously. Also the carbon footprint of the portfolio was reduced substantially.

トピックまたは問題
          Specific thematic issue
        
実行者
資産クラス
対象範囲およびプロセス

Our client did not want to have exposure to countries that do not acknowledge the State of Israel. All underlying holdings of all external managers were screened by Sustainalytics on the issue raised.

結果

Some external managers were sold and new funds were selected for this particular client.

トピックまたは問題
          The full exclusion of all weapons for one of the leading Dutch charitable foundation
        
実行者
資産クラス
対象範囲およびプロセス

Fully understand the methodoligy of both indexproviders and fund managers for the exclusion of weapons based on direct and indirect involvement.
For all weapons this is relatively complicated due to the issues of the indirect involvement in development, production and sales.
The ESG policy of this specific charitable foundation does not allowed to invest in any type of weapons due to their global social activities incuding conflict areas.

結果

High certainty on the exclusion of direct involvement.
Not having a small indirect exposure can not be 100% guaranteed.

09.2. 補足情報 [任意]


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