Eurosif January 2013 Newsletter
Eurosif January 2013 Newsletter
New European SRI transparency code V- 3.0 to go soon live Eurosif will be launching a new version of the European SRI transparency Code early February. The Code is a benchmark for transparency of European SRI funds and the release of the 3rd version of the code is a significant step towards improving access to information for retail investors. Interested parties should contact email@example.com for more details. Eurosif participates in Clear Info project on environmental data CLEAR Info is an EU funded project which will pilot the integration of parent company level information on business performance and environmental compliance. It aims to enable quick and easy analysis of parent company level environmental risk, compliance, and business performance. The project is led by the Environment Agency for England and Wales and Eurosif is one of the partners involved in the project. Learn more here. Back to top
FFS The UNEP-FI Principles for Sustainable Insurance were presented in Italy on December 4th during an event organized and hosted by ANIA – the Italian Insurance Company Association - in association with the Italian SIF. Amongst key speakers were Butch Bacani (Programme Leader UNEP-FI) and the representatives of PSI signatories, AXA, MPS and RSA Insurance Group. See details here. VDBO VBDO launched it’s Responsible Supply Chain Benchmark 2012. This study among 40 Dutch publicly listed companies provides a clear picture of the companies that do well in the field of supply chain management and provide an indication of the position and opportunities.
Spainsif On November 12th, Spainsif organized together with UNED and CCOO, the event entitled “A comparative analysis of social, environmental and governance research agencies". More than 50 participants attended, all related to Socially Responsible Investing. In addition, on December the 12th, Spainsif organized another event along with AENOR. In this occasion he UNE 165001 label on SRI was presented in Spain. More information here.
Member Affiliate News
ECPI has been confirmed as index provider by FONDAPI,the Italian pension fund for employees of small/mid-sized companies. ECPI has developed a brand new suite of sustainable benchmarks, from an equity ESG best-in-class index to an innovative government bond index that uses ECPI governance risk evaluation for countries' selection. UBS has joined the Roundtable on Sustainable Palm Oil (RSPO). RSPO promotes growth and use of sustainable oil palm products through credible global standards. As part of RSPO's 'Banks & Investors' membership category, UBS actively promotes RSPO in business relationships in the palm oil sector. For additional information, please contact Liselotte Arni Head of Environmental and Social Risk. AXA IM launched an ongoing multi-year pilot effort to systematically embed ESG factors into its investment and active stewardship practices which included the development of a scoring process for key ESG metrics. In this white paper, AXA IM provides some initial findings as to how ESG can add value for long-term investors. Microfinance investment manager BlueOrchard Finance S.A. has published its Social Performance Report 2012 entitled Enacting common standards. This publication containing topical articles, case studies and interviews with microfinance experts sheds light on the recent progress in social performance management both at BlueOrchard and within the microfinance industry. It can be accessed here. EIRIS launches ESG service for emerging markets which enables investors to screen, monitor compliance and manage risk across a broad universe of 800 companies – or “drill down” to look at ESG risk factors at the largest 300. The service screens tracks compliance with international conventions and involvement in controversial businesses.Further analysis focuses on the largest 300 firms’ ESG risk factors. More here. FTSE, NAREIT and US Green Building Council Develop the First Investable Green Property Indexes. The indexes are designed for institutional and retail investors and will be based on the FTSE NAREIT Index Series, using green data (LEED & Energy Star ratings) from USGBC - press release. Sustainalytics releases Report on the Regulation of Conflict Minerals. Sustainalytics' latest report Regulating Conflict Minerals: Unpacking Section 1502 of Dodd-Frank explores the implications of the recent U.S. Securities and Exchange Commission ruling requiring companies to investigate and disclose their use of conflict minerals. For more information contact us here.
Member Affiliate Research
Bank Sarasin has published a follow-up of the annual solar study. The sustainability sector report "Working towards a cleaner and smarter power supply — Prospects for renewables in the energy revolution" is available in English and German on payment of a copyright fee of CHF 25 or EUR 20 from firstname.lastname@example.org. Robeco reports on the results of a fact-finding mission to Shell’s operations in the Niger delta with a group of institutional investors. Pollution and gas flaring are two of the issues linked to the company in Nigeria. Read the article here. responsAbility publishes Microfinance Outlook 2013. High debt? Low growth? For Europe, the diagnosis may well be correct. But it does not apply to microfinance in developing and emerging economies, where we forecast growth of 15% to 20% in real terms for 2013. Read responsAbility’s full Microfinance Outlook 2013 here. Dexia Asset Management: Shale gas is a game changer, with the most energy-demanding countries blessed by the biggest reserves. What are the real Risks and Opportunities? Find out in Dexia AM in-depth SRI analysis of the environmental and social risks linked to shale gas: water consumption, groundwater contamination, impact on climate change, here. Back to top
SRI Jobs For details of current SRI jobs please see the jobs section of the Eurosif website. For more information. To Keep up to date with Eurosif Activities please follow us on Twitter@Eurosif
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