Mirova is a pure player in the RI market. The investment universe of Mirova and PMs is therefore not only taking into account ESG factors but directly defined by ESG factors analysis. Only stocks that are attributed a “committed”, “positive” or “neutral” sustainability optinion therefore remain in the investment universe.
As a consequence, Mirova’s portfolio managers (PMs) systematically take all relevant ESG inputs into consideration in their investment decisions. ESG issues are therefore fully integrated in Mirova’s investment processes, and can impact each step (investment universe definition, idea generation, portfolio construction / weight decisions, buy / sell decisions, etc.).
The figure for the percentage of reduction of the investment universe provided at LEI 12.1 is the same in practice as last year.