Fund Name | SRI Style | Product | Region | Asset Type | Launch Date | |
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OMR EdenTree Responsible & Sustainable Sterling Bond | Ethical | Life | UK | Fixed Interest | 17/10/2008 | |
As at: 30/09/21 Contact: adam.kelly@edentreeim.com |
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OverviewThis life product is linked to the "EdenTree Responsible & Sustainable Sterling Bond” fund. The following information refers to the primary (OIEC) fund.
It is our long-held belief that long-term returns are more likely to be achieved by investing responsibly in sustainable businesses and therefore seek companies that generate returns without future detriment to the environment and society.
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FiltersFund informationSustainabilityEnvironmental policy Sustainability policy Limits exposure to carbon intensive industries Sustainable transport policy or theme Sustainability theme or focus Environmental damage and pollution policy Waste management policy or theme Favours cleaner, greener companies Sustainability focus Encourage more sustainable practices through stewardship Circular economy theme Nature & BiodiversityDeforestation / palm oil policy Plastics policy / reviewing plastics Biodiversity / nature policy Nature / biodiversity based solutions theme Nature / biodiversity focus Responsible palm oil policy Sustainable fisheries policy Nature / biodiversity protection policy Water stewardship policy Climate Change & EnergyNuclear exclusion policy Coal, oil & / or gas majors excluded Climate change / greenhouse gas emissions policy Invests in clean energy / renewables Fracking and tar sands excluded Arctic drilling exclusion Fossil fuel reserves exclusion Energy efficiency theme Require net zero action plan from all/most companies Encourage transition to low carbon through stewardship activity Fossil fuel exploration exclusion - direct involvement Targeted Positive InvestmentsInvests >25% of fund in environmental/social solutions companies Invests > 5% in green bonds Invests > 5% in sustainable bonds Human RightsHuman rights policy Child labour exclusion Responsible supply chain policy or theme Oppressive regimes (not free or democratic) exclusion policy Modern slavery exclusion policy Social / EmploymentSocial policy Diversity, equality & inclusion Policy (fund level) Labour standards policy Favours companies with strong social policies Meeting Peoples' Basic NeedsWater / sanitation policy or theme Invests > 5% in social bonds Invests > 5% in social housing Healthcare / medical theme Ethical Values Led ExclusionsEthical policies Animal welfare policy Tobacco and related product manufacturers excluded Armaments manufacturers avoided Alcohol production excluded Gambling avoidance policy Pornography avoidance policy Animal testing - excluded except if for medical purposes Civilian firearms production exclusion Banking & FinancialsPredatory lending exclusion Governance & ManagementGovernance policy Anti-bribery and corruption policy Avoids companies with poor governance Digital / cyber security policy Encourage board diversity e.g. gender Encourage TCFD alignment for banks & insurance companies UN sanctions exclusion Encourage higher ESG standards through stewardship activity Fund GovernanceESG integration strategy ESG factors included in Assessment of Value (AoV) report Employ external (fund) oversight or advisory committee Asset Size & MetricsOver 50% large cap companies Invests in small, mid and large cap companies Invests mostly in large cap companies Invest in supranationals How The Fund WorksSingle resource theme or focus Strictly screened ethical fund Positive selection bias Negative selection bias Norms focus Combines norms based exclusions with other SRI criteria Combines ESG strategy with other SRI criteria ESG weighted / tilt Focus on ESG risk mitigation Selection criteria / strategy may alter in adverse markets Significant harm exclusion SRI / ESG / Ethical policies explained on website All assets (except cash) meet published sustain'y criteria Participated in sustainability solutions IPOs or new issuances Impact MethodologiesAims to generate positive impacts (or 'outcomes') Positive environmental impact theme Positive social impact theme Invests in environmental solutions companies Invests in social solutions companies Invests in sustainability / ESG disruptors Aim to deliver positive impacts through engagement Labels & AccreditationsRSMR rated (OEIC funds only) Eurosif Transparency Intended Clients & Product OptionsFaith friendly Intended for investors interested in sustainability 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 / ESG a key differentiator (AFM company wide) Vote all* shares at AGMs / EGMs (AFM company wide) Diversity, equality & inclusion engagement policy (AFM company wide) Sustainable property strategy (AFM company wide) Specialist positive impact fund management company Boutique / specialist fund management company Integrates ESG factors into all / most fund research Just Transition policy on website (AFM company wide) Invests in newly listed companies (AFM company wide) Invests in new sustainability linked bond issuances (AFM company wide) Offer structured intermediary training on sustainable investment Offer unstructured intermediary sustainable investment training ResourcesIn-house responsible ownership / voting expertise Employ specialist ESG / SRI / sustainability researchers Use specialist ESG / SRI / sustainability research companies ESG specialists on all investment desks (AFM company wide) Collaborations & AffiliationsPRI signatory UKSIF member Climate Action 100+ or IIGCC member Fund EcoMarket partner AccreditationsUK Stewardship Code signatory (AFM company wide) PRI A+ rated (AFM company wide) Engagement ApproachRegularly lead collaborative ESG initiatives (AFM company wide) Encourage responsible corporate taxation (AFM company wide) Engaging on climate change issues Engaging to reduce plastics pollution / waste Engaging on biodiversity / nature issues Engaging to encourage a Just Transition Engaging on human rights issues Engaging on labour / employment issues Engaging on diversity, equality and / or inclusion issues Engaging on governance issues Engaging on responsible supply chain issues Company Wide ExclusionsReview(ing)carbon / fossil fuel exposure for all funds (AFM company wide) Coal exclusion policy (group wide coal mining exclusion policy) Coal divestment policy (AFM company wide) Controversial weapons avoidance policy (AFM company wide) Tobacco avoidance policy (AFM company wide) Fossil fuel exclusion policy (AFM company wide) Do not invest in companies with fossil fuel reserves Climate & Net Zero TransitionEncourage carbon / greenhouse gas reduction (AFM company wide) In-house carbon / GHG reduction policy (AFM company wide) Publish 'CEO owned' Climate Risk policy (AFM company wide) Committed to SBTi / Science Based Targets Initiative TransparencyPublish full voting record (AFM company wide) Publish responsible ownership / stewardship report (AFM company wide) Full SRI policy information on company website Full SRI policy information available on request Paris Alignment plan publicly available (AFM company wide) |
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PolicyThe Fund seeks to avoid investment in certain areas such as companies which have a material involvement (10% or more) in alcohol and tobacco production, conventional weapon production, gambling, publication of violent or explicit materials, intensive farming, fossil fuel exploration and production and high interest (sub-prime) lending.
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ProcessIdea Generation – Investment ideas originate from a variety of sources including sell-side analyst research from Investment banks, investor roadshows, external credit ratings research providers such as Moody’s, alongside internally-generated research and thematic screens in developing investment theses.
Credit Analysis – Applying a long-term horizon, we then set out to conduct in-depth analysis to gauge the ability and willingness of an issuer to repay outstanding debt obligations. We seek to identify high quality companies with sound financials, solid balance sheets and good growth prospects. Bond indentures, sustainable debt frameworks and peer comparisons are conducted to ensure that valuation metrics adequately reflect inherent credit and ESG risks. Credit research is typically undertaken in tandem with responsible screening, with the results both being presented and discussed by the relevant individuals and or the Investment team at large. External data from ISS Ethix is used to complement our in-house screening capabilities, with publically available company information also aiding the analytical process.
We accept that circumstances change and therefore revisit positions to ensure that they continue to deliver on the Fund’s objectives.
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Resources, Affiliations & Corporate StrategiesEdenTree has a specialist, dedicated RI Team which comprises five people.
Responsible and sustainable factors are fully integrated into the investment management process, with our Fund Managers and RI Team working side by side to generate ideas, analyse opportunities, create meaningful and diversified portfolios, and undertake ongoing evaluation and engagement. Our basic ESG risk analysis is provided by ISS-ESG which provides core ESG disclosure data as well as rating each company within an industrial sector peer group across E, S & G pillars; this rating is used solely as a guide as suitability is driven by our in-house screening process. Our RI team conducts additional research and analysis from publicly available materials including:
EdenTree has been a proud signatory of the PRI since 2012. For more information on how EdenTree works with the PRI please see our PRI transparency report here and PRI Assessment Report here Whilst asset managers are able, and often choose, to omit or hide specific sections of the PRI Transparency Report, EdenTree publish the full report for complete transparency. For the PRI Assessment Report, we also publish the full report here. In 2021, EdenTree achieved a 4 star rating for our Investment & Stewardship Policy. Other signatory partnerships include:
We believe that these key signatory partnerships signals our commitment to having an active and positive role in our investment community, achieving more than which we can achieve ourselves. Collaborations are critical to achieving this, whilst learning from expert sources allows us to provide more for our clients and supporting initiatives truly helps to gain momentum. We have been a signatory to the UK Stewardship Code since inception (Tier I). Responsible Investment Panel Review The Responsible Investment Advisory Panel (“Panel”) meet three times each year to review the Responsible & Sustainable Fund portfolios, the recent investment decisions and to discuss the latest responsible and sustainable research and trends. The purpose of the Panel is to:
The Panel will provide advice to the RI team in a number of ways:
The Panel is made up of a number of industry experts, including:
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LiteratureLast amended: 08/02/24 03:31 |
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05/06/2024