GIS SRI European Equity

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LU0145455142, LU0145455498, LU0145455571, LU0145455811, LU0145456207, LU0169244745, LU1373299210

Issuer Generali Investments Partners SGR S.p.A.
Fund provider Generali Investments Partners SGR S.p.A.
Fund type/Asset class Equity fund
Legal form SICAV
Fund issue date 02/04/2002
Last Update 26.09.2023
Benchmark MSCI EUROPE NR
Tranche Private Investors Institutional Investors foundations
FNG Siegel

Risk Indicator (PRIIP)
4 of 7

Licensed in
D, A, CH, LU

Classification by SFDR
Article 8

EU Taxonomy
- Anchorlink to data availability

% of Sustainable Investments according to SFDR
-

Principal Adverse Impacts

PAI PAI

Greenhouse Gas Emissions

PAI PAI

Water

PAI PAI

Waste

PAI PAI

Biodiversity

PAI PAI

Energy Efficiency and Fossil Fuels

PAI PAI

Social and Employee Matters

Sustainable Development Goals

SDG

No Poverty

SDG

Zero Hunger

SDG

Good Health and Well-being

SDG

Quality Education

SDG

Gender Equality

SDG

Clean Water and Sanitation

SDG

Affordable and Clean Energy

SDG

Decent Work and Economic Growth

SDG

Industry, Innovation and Infrastructure

SDG

Reduced Inequality

SDG

Sustainable Cities and Communities

SDG

Responsible Consumption and Production

SDG

Climate Action

SDG

Life Below Water

SDG

Life on Land

SDG

Peace and Justice Strong Institutions

SDG

Partnerships to achieve the Goal

Normal allocation

Equities 90 % to 100 %
Bonds Excluded
Money market/Bank deposits 0 % to 10 %
Commodities Excluded
Direct investments Excluded
Derivatives Excluded (for hedging only)
Other -

Sustainability approach

Principal Adverse Impacts
Greenhouse Gas Emissions Water Waste Biodiversity Energy Efficiency and Fossil Fuels Social and Employee Matters
Further remarks on the consideration of SDGs -
Rationale behind classification according to SFDR Article 8 Article 8 funds include selection criteria based on the SPICE rating and specific criteria according to the philosophy of each fund. These are mainly multi-thematic funds with SRI labels, with high minimum levels of sustainable investment of 50% or 70%. GIS SRI European Equity promotes environmental and social characteristics and commits to a minimum of 50% sustainable investments with an environmental objective in economic activities that do not qualify as environmentally sustainable under the EU taxonomy or sustainable investments with a social objective.
Engagement Yes, organized internally Externer Link Link to engagement policy
Voting Yes, organized internally Externer Link Link to voting policy
Best-in/of-Class No The fund pursues a best-in-universe approach As Sycomore AM is part of Generali's multi-boutiques platform, Sycomore is managing GIS SRI European Equity on behalf of Generali Investment Partners...
ESG-Integration Yes https://en.sycomore-am.com/download/381500688
Norm-based screening
UN Global Compact ILO core labour standards OECD Guidelines for Multinational Enterprises
Themes
-
The Fund has a sustainable investment objective as the SRI process is designed to invest into listed companies which (i) contributes to social or environmental objectives (ii) do not significantly harm any social or environmental characteristics and (iii) follows good governance practices
Impact Investing
Environmental Social Governance
the impact is measured and monitored on the 3 pillars (E,S, G) and even on human rights, as the fund managers monitors closely the following impact KPIs : - On the environment pillar: Net Environmental Contribution (NEC) indicator aims to determine the contribution of the activities of a company to the ecological transition, with a rating from -100% to +100% depending of the negative or positive impact of its activities on the environment. - On the social pillar: workforce growth over three years. - On the governance pillar: percentage of women in key management roles. - On human rights: percentage of companies with commitment to respecting human rights (disclosure of a Human Rights Policy). The above ESG indicators selection aims at having a better result on at least two indicators compared to the Sub-fund’s benchmark.
Further information on the sustainability approach -

Research and Transparency

In-house sustainability analysis Yes, 23 including 9S RI specialists
Research partners Yes Trucots, ISS, MSCI, I care and Quantis, Vigeo
Percentage of portfolio with sustainability analysis 100 %
Strategically important suppliers included No
Sustainability advisory committee No
Analysis of portfolio CO2 Yes, backward-looking indicator The portfolio's CO2 analysis is performed using data of scope 1, scope 2 and first-tier suppliers' upstream of scope 3
Sustainability reporting Yes The sustainability reporting has been released in June 2021
At least monthly portfolio publication Yes Externer Link Link to monthly portfolio publication
Certification/Label awarded by independent auditors
FNG Label ★★ Label ISR

Environmental

Exclusion of sectors / areas of business – companies

Fossil fuels (Coal, Oil and Gas) Yes 5 % Turnover threshold
Nuclear power (operation and components) Yes 5 % Turnover threshold
Green genetic engineering Yes 5 % Turnover threshold
Chlorine and agrochemicals (biocides) Yes 10 % Turnover threshold
Other Pesticides, coal, energy generation with high carbon intensity 5 % Turnover threshold

Exclusion of business practices – companies

Environmentally damaging behaviour Yes
Damage to biodiversity Yes
Other -

Exclusion criteria – countries

Non-ratification of the Paris Climate Agreement Yes
Non-ratification of the Protocol on Biosafety N/A
Non-ratification of the UN Biodiversity Convention Yes
Nuclear power by proportion of gross energy production N/A
Other -

Social

Exclusion of sectors / areas of business – companies

Weapons/Armaments Yes 5 % Turnover threshold
Cluster bombs and anti-personnel mines Yes
Weapons of mass destruction (ABC/CBRN) Yes
Tobacco products Yes 5 % Turnover threshold
Pornography Yes 5 % Turnover threshold
Spirits/Alcohol No
Gambling No
Other -

Exclusion of business practices – companies

Labour rights (ILO core labour standards) Yes
Exploitative child labour Yes
Violation of human rights Yes
Animal testing No
Other -

Exclusion criteria – countries

Labour rights N/A
Violation of human rights N/A
Military spending as a percentage of GDP N/A
Death penalty, torture N/A
Countries classified by Freedom House as not free Yes
Violations of the Nuclear Non-Proliferation Treaty Yes
Violations of other non-proliferation treaties N/A
Other -

Governance

Exclusion of business practices – companies

Corruption and bribery Yes
Tax: planned avoidance & detected violations N/A
Other -

Exclusion criteria – countries

Corruption N/A
Other -

More on data availability

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  1. EU Taxonomy
    It is possible that reported KPIs for taxonomy eligibility and alignment (being limited to corporate issuers / including only selected economic activities) are low or that KPIs cannot be reported due to limited data availability. Data may be available with a time lag. Data comparability may be limited due to differences in the scope of the economic activities considered. As soon as data is available in sufficient quantity and quality, it will be published in accordance with regulatory requirements.

FNG-Sustainability profiles disclaimer

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  1. Bei den vorstehenden Angaben im Rahmen der FNG-Nachhaltigkeitsprofile  handelt es sich lediglich um Zusammenstellungen, Übersichten oder Sortierhilfen, die vom Forum Nachhaltige Geldanlagen e.V. wertungsfrei bereitgestellt werden.  
  2. Es wird ausdrücklich darauf hingewiesen, dass das Forum Nachhaltige Geldanlagen e.V. weder die Richtigkeit und Vollständigkeit noch die Plausibilität der in den FNG-Nachhaltigkeitsprofilen enthaltenen Angaben überprüft hat. Diese Angaben beruhen ausschließlich auf den von den jeweiligen Anbietern bereitgestellten Daten, auf die das Forum Nachhaltige Geldanlagen e.V. keinen Einfluss hat.
  3. Die Aktualität der eingegebenen Daten richtet sich nach dem im FNG-Nachhaltigkeitsprofil des jeweiligen Produkts angegebenen Aktualisierungsdatum, wiedergegeben ist also der Stand zu diesem Datum. Im Zweifel sind die bei der jeweiligen KVG hinterlegten Daten als aktuell zu betrachten. Das Forum Nachhaltige Geldanlagen e.V. hat darauf jedoch keinen Einfluss und kann daher keine Gewähr für eine jederzeitige Aktualität übernehmen, da die FNG-Nachhaltigkeits-Inhalte von den Anbietern selbst zu befüllen und ggf. zu aktualisieren sind.
  4. Die in den FNG-Nachhaltigkeitsprofilen bereitgestellten Informationen stellen keine Anlageempfehlungen dar. Sie dienen lediglich Informationszwecken zu bestimmten Nachhaltigkeitsaspekten und können weder eine fachgerechte Anlageberatung noch eine qualifizierte Produktaufklärung ersetzen. Es wird daher empfohlen, vor Kauf oder Verkauf der in den FNG-Nachhaltigkeitsprofilen aufgeführten Anlageprodukte die Dienste eines professionellen Anlageberater in Anspruch zu nehmen und die vollständigen Verkaufsunterlagen (insbesondere Verkaufsprospekt) des jeweiligen Anlageprodukts aufmerksam durchzulesen. Insoweit wird ergänzend darauf hingewiesen, dass Anlageprodukte generell mit Verlustrisiken bis hin zu einem Totalverlust behaftet und auch in der Vergangenheit erzielte Gewinne kein zuverlässiger Indikator für zukünftige Ergebnisse sind.