abrdn SICAV I - Climate Transition Bond Fund
SRI Style:
Sustainable Style
SDR Labelling:
Not eligible to use label
Product:
SICAV/Offshore
Fund Region:
Global
Fund Asset Type:
Fixed Interest
Launch Date:
14/06/2021
Last Amended:
Oct 2022
Dialshifter (
):
Fund Size:
£97.40m
(as at: 30/11/2024)
Total Screened Themed SRI Assets:
£29131.00m
(as at: 30/06/2022)
Total Responsible Ownership Assets:
£29131.00m
(as at: 30/06/2022)
Total Assets Under Management:
£508407.00m
(as at: 30/06/2022)
ISIN:
LU2332245963, LU2343548413, LU2343548769, LU2332246268, LU2445928562
Sustainable, Responsible
&/or ESG Overview:
No response when requested update from manager (August 2024)
Primary fund last amended:
Oct 2022
Information directly from fund manager.
Fund Filters
Governance & Management
Exclude companies that are subject to United Nations sanctions. See eg https://main.un.org/securitycouncil/en/content/un-sc-consolidated-list
Targeted Positive Investments
Invests in loan stock that is exclusively used to finance environmental and social projects. See ICMA Sustainable Bond Guidelines.
Invests in loan stock that is supporting or enabling the shift towards a cleaner, more sustainable future. Strategies vary significantly and may or may not be linked to specific outcomes.
Find funds that invest in green bonds (also known as climate bonds) which encourage sustainability and support climate related or special environmental projects. Please check fund literature for specific % of assets invested in this area.
Find funds that invest more than 50% in green bonds (also known as climate bonds) which encourage sustainability and support climate related or special environmental projects. Please check fund literature for specific % of assets invested in this area.
Intended Clients & Product Options
Finds funds designed to meet the needs of individual investors with an interest in ‘Impact investment funds’ which help or support the delivery of positive social or environmental impacts (or societal/real world outcomes) by investing in companies they regard as beneficial to people and / or the planet. Strategies vary. See fund literature for further information.
Labels & Accreditations
Finds funds classified under Article 9 of the EU’s SFDR (Sustainable Finance Disclosure Requirements). Article 9 of the SFDR applies to financial products that have sustainable investment 'objectives' - including emissions reduction objectives. (These may currently be referred to as 'impact' funds or aiming to deliver clear, specific positive outcomes.) These rules do not currently apply in the UK so fund managers may leave this field blank.
Fund Management Company Information
About The Business
The leadership team of this asset manager have performance targets linked to environmental goals.
Collaborations & Affiliations
A member of the Taskforce for Nature Related Financial Disclosures group which aims to aid risk management and shift money towards nature-positive outcomes.
Climate & Net Zero Transition
Fund manager AGM / EGM voting strategy has processes in place that mean they will normally be expected to vote in a way that will encourage the transition to net zero greenhouse gas emissions.
This asset management company has set a date by which they plan to achieve net zero greenhouse gas / CO2e emissions.
This asset management company plans to achieve net zero greenhouse gas (CO2e) emissions with the help of a scheme that will lock away an amount of carbon that is equivalent to the company’s own emissions – so that the end result is ‘net zero’. Calculations and scope vary.
Transparency
This asset management company has published a plan that explains how they are to become a sustainable business - without significant negative environmental or social impacts.
This asset management company has published a plan that explains how they will align to the climate change commitments made at the Paris Climate Talks, COP21.
This asset management company has published a plan that explains how they are going to achieve net zero greenhouse gas / CO2e emissions.
Find fund management companies that have supplied Dialshifter information. See Dialshifter tab within record for more information.
Sustainable, Responsible &/or ESG Policy:
Investment Policy
Portfolio Securities
The Fund invests at least 90% in bonds, including corporate bonds and government bonds issued anywhere in the world, including sub-sovereigns, inflation-linked, convertible, asset backed and mortgage backed bonds.
- The Fund invests at least 70% in corporate bonds issued anywhere in the world.
- The Fund may invest up to 40% in Sub-Investment Grade bonds.
- Non-US Dollar denominated bonds will typically be hedged back to US Dollars.
- Investment in bonds will follow the Investment Approach.
- The Investment Approach identifies companies that are lowering their greenhouse gas emissions or entities that are helping society adapt to the physical risks of climate change or companies whose products or services are helping reduce emissions in the wider economy.
- The Investment Approach also excludes companies with a 'High' rating, as per our proprietary ESG Risk Rating.
- In addition, we apply a set of company exclusions, which are related to normative screening (UN Global Compact, ILO & OECD), State-Owned Enterprises (SOE), Tobacco, Alcohol, Gambling, Thermal Coal, Oil & Gas, Adult Entertainment and Weapons.
- Further detail of this overall process is captured within the Investment Approach, which is published at www.abrdn.com under "Fund Centre". - This approach is expected to reduce the investment universe by a minimum of 20%.
- Financial derivative instruments, money market instruments and cash may not adhere to this approach.
Management Process
- The Fund is actively managed.
- Engagement with external company management teams is used to evaluate the ownership structures, governance and management quality of those companies to inform portfolio construction.
- Through the application of the Investment Approach, the Fund commits to having a minimum of 75% in Sustainable Investments.
- The holdings of the Fund are not selected with reference to a benchmark
- This fund is subject to Article 9 of the Sustainable Finance Disclosure Regulation (“SFDR”).
(Source: KIID, as at January 2025)
Dialshifter
Our organisation is helping to support the Paris Climate Agreement and the Race to Net Zero by…
abrdn strongly supports the objectives of the Paris Agreement. We are committed to playing a constructive role in the decarbonisation of the global economy and serving the long-term interests of our clients. We have developed a business-wide approach to support the goals of the Paris Agreement based on five principles:
- Public policy advocacy
- Rigorous climate scenario analysis
- Responsible stewardship
- abrdn net zero real estate commitment
- Reporting: tracking carbon and climate solutions
Further information on these principles and our approach to Paris alignment is available here: https://www.abrdn.com/docs?editionId=407977f9-165c-4edf-a894-13d005e4ac3f
SDR Labelling:
Not eligible to use label
| Fund Name | SRI Style | SDR Labelling | Product | Region | Asset Type | Launch Date | Last Amended |
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|---|---|---|---|---|---|---|---|---|
abrdn SICAV I - Climate Transition Bond Fund |
Sustainable Style | Not eligible to use label | SICAV/Offshore | Global | Fixed Interest | 14/06/2021 | Oct 2022 | |
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Fund Size: £97.40m (as at: 30/11/2024) Total Screened Themed SRI Assets: £29131.00m (as at: 30/06/2022) Total Responsible Ownership Assets: £29131.00m (as at: 30/06/2022) Total Assets Under Management: £508407.00m (as at: 30/06/2022) ISIN: LU2332245963, LU2343548413, LU2343548769, LU2332246268, LU2445928562 |
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Sustainable, Responsible &/or ESG OverviewNo response when requested update from manager (August 2024) |
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Primary fund last amended: Oct 2022 |
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Information received directly from Fund Manager |
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Please select what you would like to read:
Fund FiltersGovernance & Management
UN sanctions exclusion
Exclude companies that are subject to United Nations sanctions. See eg https://main.un.org/securitycouncil/en/content/un-sc-consolidated-list Targeted Positive Investments
Invests > 5% in sustainable bonds
Invests in loan stock that is exclusively used to finance environmental and social projects. See ICMA Sustainable Bond Guidelines.
Invest > 5% in transition bonds
Invests in loan stock that is supporting or enabling the shift towards a cleaner, more sustainable future. Strategies vary significantly and may or may not be linked to specific outcomes.
Invests > 5% in green bonds
Find funds that invest in green bonds (also known as climate bonds) which encourage sustainability and support climate related or special environmental projects. Please check fund literature for specific % of assets invested in this area.
Invests > 50% in green bonds
Find funds that invest more than 50% in green bonds (also known as climate bonds) which encourage sustainability and support climate related or special environmental projects. Please check fund literature for specific % of assets invested in this area. Intended Clients & Product Options
Intended for clients who want to have a positive impact
Finds funds designed to meet the needs of individual investors with an interest in ‘Impact investment funds’ which help or support the delivery of positive social or environmental impacts (or societal/real world outcomes) by investing in companies they regard as beneficial to people and / or the planet. Strategies vary. See fund literature for further information. Labels & Accreditations
SFDR Article 9 fund / product (EU)
Finds funds classified under Article 9 of the EU’s SFDR (Sustainable Finance Disclosure Requirements). Article 9 of the SFDR applies to financial products that have sustainable investment 'objectives' - including emissions reduction objectives. (These may currently be referred to as 'impact' funds or aiming to deliver clear, specific positive outcomes.) These rules do not currently apply in the UK so fund managers may leave this field blank. Fund Management Company InformationAbout The Business
Senior management KPIs include environmental goals (AFM company wide)
The leadership team of this asset manager have performance targets linked to environmental goals. Collaborations & Affiliations
TNFD forum member (AFM company wide)
A member of the Taskforce for Nature Related Financial Disclosures group which aims to aid risk management and shift money towards nature-positive outcomes. Climate & Net Zero Transition
Voting policy includes net zero targets (AFM company wide)
Fund manager AGM / EGM voting strategy has processes in place that mean they will normally be expected to vote in a way that will encourage the transition to net zero greenhouse gas emissions.
Net Zero - have set a Net Zero target date (AFM company wide)
This asset management company has set a date by which they plan to achieve net zero greenhouse gas / CO2e emissions.
Carbon offsetting - offset carbon as part of our net zero plan (AFM company wide)
This asset management company plans to achieve net zero greenhouse gas (CO2e) emissions with the help of a scheme that will lock away an amount of carbon that is equivalent to the company’s own emissions – so that the end result is ‘net zero’. Calculations and scope vary. Transparency
Sustainability transition plan publicly available (AFM company wide)
This asset management company has published a plan that explains how they are to become a sustainable business - without significant negative environmental or social impacts.
Paris Alignment plan publicly available (AFM company wide)
This asset management company has published a plan that explains how they will align to the climate change commitments made at the Paris Climate Talks, COP21.
Net Zero transition plan publicly available (AFM company wide)
This asset management company has published a plan that explains how they are going to achieve net zero greenhouse gas / CO2e emissions.
Dialshifter statement
Find fund management companies that have supplied Dialshifter information. See Dialshifter tab within record for more information. Sustainable, Responsible &/or ESG Policy:Investment Policy Portfolio Securities The Fund invests at least 90% in bonds, including corporate bonds and government bonds issued anywhere in the world, including sub-sovereigns, inflation-linked, convertible, asset backed and mortgage backed bonds.
(Source: KIID, as at January 2025) DialshifterOur organisation is helping to support the Paris Climate Agreement and the Race to Net Zero by… abrdn strongly supports the objectives of the Paris Agreement. We are committed to playing a constructive role in the decarbonisation of the global economy and serving the long-term interests of our clients. We have developed a business-wide approach to support the goals of the Paris Agreement based on five principles:
Further information on these principles and our approach to Paris alignment is available here: https://www.abrdn.com/docs?editionId=407977f9-165c-4edf-a894-13d005e4ac3f
SDR Labelling:Not eligible to use label |
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