Econopolis Switzerland SA is a regulated investment firm and part of the Econopolis Group. Econopolis always takes ESG criteria into account in its investment process in order to avoid negative effects on the environment, social and governance (the so-called "princpal adverse impacts"). This statement aims to show how Econopolis takes this into account.
The ESG criteria (and the associated impacts that are avoided as much as possible) Econopolis uses in its investment process are the following:
• Reduction of carbon emissions
• Reduction exposure to fossil fuels
• Transition to renewable energy
• Reduction of energy consumption
• Sensible use of water
• Exclusion of oppressive regimes
• Exclusion of corruption
• Exclusion of the tobacco industry
• Tax regimes
• Human rights
Criteria which are not yet taken into account today: death penalty, biodiversity, and agricultural commodities.
Internal Sustainable InvestmentPolicies
Econopolis applies a group wide ESG policy including investment criteria and outlining the monitoring process. The portfolio managers are responsible for complying with these criteria when making an investment decision. The compliance and risk function are responsible for checking compliance with the internally established ESG criteria.
To select the companies in the portfolios, internal analysis is used, as well as data supplied by an external, independent supplier.
If no data is available on certain indicators, the company is either not included in the portfolios, or the investor relations department will be contacted to obtain additional information.
Engagement by Econopolis:
The Econopolis Group is committed to responsible investments through engagement activities at the (candidate) companies in its portfolio. The commitment is primarily aimed at limiting risks and supporting value creation. Econopolis is convinced to use encouragement to convince companies to invest more in ESG issues.
When engaging with investee companies, Econopolis refers to environmental factors as well as social and governance practices that could be improved. The degree to which Econopolis engages with the companies depends on the likelihood of success in communicating the objections or ideas.
More detail about the engagement initiatives that Econopolis is taking can be found in our engagement policy.
What standards does Econopolis use in its management?
Econopolis takes the following internationally accepted standards into account in its management:
• United Nations Guiding Principles on Business and Human Rights
• United Nations Global Compact (UN Global Compact)
• United Nations Sustainable Development Goals (UN Sustainable Development Goals)
• Core Conventions of the International Labor Organization (ILO Conventions)
• The Paris Agreement
• Exclusion list of the Norwegian Pension Fund
• Exclusion list of the International Finance Corporation
For questions about the ESG policy, please contact us