Video transcription: Socially Responsible Investing (SRI)
Meeting with Hervé Guez Head of Extra-financial Research, Natixis Asset Management
How would you define SRI management in simple terms?
Hervé Guez Head of Extra-financial Research, Natixis Asset Management
« Socially Responsible Investing (SRI) is the application of the concept of sustainable development to investing. More concretely, for corporate investment decisions, SRI means taking into account not only financial profiles, but also environmental, social and governance practices. We call these “ESG” criteria. »
What is Natixis Asset Management’s SRI policy?
« We have opted for SRI management based on values. We therefore have a team of 10 extra-financial analysts specialized in ESG issues. These specialists inform management teams of the challenges specific to each economic sector and provide company-by-company evaluations based on the three pillars of ESG.
Using these analyses, the SRI management teams select the values they will invest in from among a group of ESG-eligible companies. This management based on values can, in certain cases, lead to strong sectorial bias compared to traditional management. This means that we favor companies that offer sustainable development solutions and penalize those that are a part of the problem. Of course, we also consider the practices that have been put into place, sector by sector, and we do not have a dogmatic approach for the various issues, but neither do we ignore them. »
How is this approach applied?
« We have applied this approach to all asset classes (stocks, bonds, monetary products) through the funds offered in the Impact range.
Since 1984 and the launch of our first SRI fund, our leadership has been based, above all, on our ability to innovate. A perfect illustration of this came two years ago with the launch of our Impact Climate Change expertise, which aims to incorporate climate change issues into asset management. More recently, we adapted this approach to emerging countries.
In addition, because our approach is designed to be committed but also highly rigorous, we decided to create a committee of international experts from various backgrounds and complementary fields, who will offer us insight into the specific challenges related to climate change. »
What does the future hold for SRI management?
« The idea that we can consider only financial criteria when investing is now obsolete. At Natixis Asset Management, we are absolutely convinced that including ESG criteria in investment decisions is a key trend, and more and more of our clients share this belief. »
Copyright Natixis 2011
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Impact Funds Climate Change and Impact Funds Climate Change Emerging Markets are sub-funds of the Luxembourg SICAV Natixis International Funds (Lux) I. These sub-funds are authorized for sale in France. The funds mentioned are not registered or authorized in all jurisdictions and may not be available to all investors in a jurisdiction. The investment manager of these sub-funds is Natixis Asset Management.
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Under Natixis Asset Management’s social responsibility policy, and in accordance with the treaties signed by the French government, the funds directly managed by Natixis Asset Management do not invest in any company that manufactures sells or stocks anti-personnel mines and cluster bombs.
Natixis Asset Management
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