Fund Name | SRI Style | Product | Region | Asset Type | Launch Date | |
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Aegon abrdn Global Sustainable and Responsible Investment Equity Pn (ASI) | Ethical | Pension | Global | Equity | 23/04/2014 | |
As at: 31/03/21 |
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OverviewThis Pension product is linked to the "abrdn Global Sustainable and Responsible Investment Equity" fund. The following information refers to the primary (OIEC) fund.
Awaiting update from fund manager - fund last updated June 2020
Please note: With effect from 28 June 2021 the investment objective and policy will be amended to reflect the movement to a Sustainable and Responsible investment approach. See website for more information.
The Fund’s objective is to generate growth over the long term by investing in global equities which meet its ethical screening criteria. The process for ASI Global Ethical Equity Fund is designed to ensure that only companies passing the twin hurdles of fundamental strength and acceptable ethical, social and environmental behaviour are eligible for investment.
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FiltersFund informationSustainabilityEnvironmental policy Human RightsHuman rights policy Oppressive regimes (not free or democratic) exclusion policy Social / EmploymentSocial policy Favours companies with strong social policies Ethical Values Led ExclusionsEthical policies Animal testing exclusion policy Tobacco and related product manufacturers excluded Armaments manufacturers avoided Alcohol production excluded Gambling avoidance policy Pornography avoidance policy Fund GovernanceESG integration strategy Asset Size & MetricsInvests in small, mid and large cap companies How The Fund WorksStrictly screened ethical fund Negative selection bias SRI / ESG / Ethical policies explained on website Intended Clients & Product OptionsFaith friendly Available via an ISA (OEIC only) Fund management company informationAbout The BusinessESG / SRI engagement (AFM company wide) Responsible ownership / stewardship policy or strategy (AFM company wide) Responsible ownership policy for non SRI funds (AFM company wide) Responsible ownership / ESG a key differentiator (AFM company wide) Vote all* shares at AGMs / EGMs (AFM company wide) Diversity, equality & inclusion engagement policy (AFM company wide) Integrates ESG factors into all / most fund research SDG aligned aims / objectives (AFM company wide) ResourcesIn-house responsible ownership / voting expertise Employ specialist ESG / SRI / sustainability researchers Use specialist ESG / SRI / sustainability research companies Collaborations & AffiliationsPRI signatory UKSIF member Climate Action 100+ or IIGCC member Fund EcoMarket partner AccreditationsUK Stewardship Code signatory (AFM company wide) Engagement ApproachRegularly lead collaborative ESG initiatives (AFM company wide) Company Wide ExclusionsControversial weapons avoidance policy (AFM company wide) Tobacco avoidance policy (AFM company wide) Climate & Net Zero TransitionEncourage carbon / greenhouse gas reduction (AFM company wide) In-house carbon / GHG reduction policy (AFM company wide) TransparencyPublish full voting record (AFM company wide) Publish responsible ownership / stewardship report (AFM company wide) Full SRI policy information on company website |
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PolicyAssessment criteria For companies to pass the first hurdle, regional analysts identify stocks with quality management and superior earnings potential. To do this, they use their own research, direct company contacts, and valuation expectations from a variety of outside research sources.
Next, ASI’s experienced Responsible Investing team screens the companies against a number of ethical, environmental and social criteria. The team uses a list of well-researched and clearly defined criteria covering the three broad areas of ethical, environmental and social policies and practices when deciding whether to pass or fail each company.
The screening process uses negative exclusionary screening criteria and is also supported by ASI’s strong engagement approach to environmental, social and governance (ESG) issues. With negative screening, we examine companies to see if they are or have been involved in what we determine to be “areas of concern” over a defined historical period. Trends in adverse behaviour can suggest longer-term problems for an organisation. Companies failing our screening criteria are excluded from investment.
Negative screening Aberdeen Standard Investments Global Ethical Equity Fund applies negative criteria to avoid investing in companies involved in certain industries and activities that our customers are concerned with. We will avoid investment in companies involved in the activities listed below:
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Process |
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Resources, Affiliations & Corporate StrategiesESG integration is a strategic priority for Aberdeen Standard Investments and is actively supported and promoted by senior executives, from our CEO downwards. In recognition of the importance of ESG, Euan Stirling, Global Head of Stewardship and ESG Investment, reports directly to Rod Paris, Chief Investment Officer, and Euan regularly attends the Investment Management Committee, chaired by the CIO. Reporting to Euan is the ESG leadership team, which focuses on maximising the quality and value of ESG engagement, research and analysis across all asset classes. Our ESG Investment Team is a centralised resource of 22 people that is dedicated to ESG analysis and engagement and available to all asset classes. The team has a number of functions including: quality assurance and consistency of the ESG regional analysts’ research and analysis, the consideration of governance issues, highlighting themes and emerging risks in ESG, consultation and support to all of ASI’s asset classes on ESG issues, and reflection and promotion of ASI’s positions on key ESG issues externally. In addition, we have dedicated ESG analysts and ESG expertise embedded within asset-class teams to ensure the greatest integration of ESG factors within investment decisions, who sit on the regional equity, real estate and fixed income desks. Furthermore, our proxy voting team, based in Edinburgh, is also part of the ESG Investment Team and manages ASI’s proxy voting approach, which is an integral part of our overall stewardship function. The central team and asset specific ESG investment analysts are listed below:
Core team members
Equity specific resource
Source: Aberdeen Standard Investments, 31 May 2020 *includes continuous service |
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LiteratureLast amended: 06/03/24 12:09 |
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05/04/2024