1) Degroof Petercam Asset Management developed an in-house sustainability ranking model in 2007 to assess developed OECD countries on their integration of global sustainability challenges and medium-term objectives.
2) The model analyzes over 60 economic, social, and environmental indicators across five key drivers to produce a composite sustainability score for each country, ranking them based on their performance.
3) Only the top 50% of countries in the sustainability ranking are deemed eligible for investment in sustainable strategies, with the ranking and eligible countries reviewed biannually by Degroof Petercam's Fixed Income Sustainable Advisory Board.
Nearly 80% of European insurers are on track to implement Solvency II by 1 Jan 2016, but there is wide variation in the level of preparedness by country.
Dutch, UK and Nordic insurers are most confident in meeting the requirements, while French, German, Greek and Eastern European insurers are less confident.
Our survey of more than 170 insurance companies across 20 European countries sheds light on key areas of implementing Solvency II, including data and IT readiness, organizational change, regulatory interaction, recovery and resolution planning, and capital optimization.
We will also discuss our other findings:
- Insurers are seeking to improve the effectiveness of their risk management.
- Challenges of reporting and ensuring robust data and information technology (IT) remain very significant.
- Preparedness for Pillar 3 remains relatively low, and action is needed in 2014 to meet the requirements on time.
- Many insurers are not satisfied with the level of support from their regulators in providing timely feedback on plans and interpretation of new requirements. This is due, in part, to the significant resourcing challenges regulators face.
- Automation of many risk management activities, particularly reporting, remains relatively low.
Link to on-demand webcast: http://www.ey.com/GL/en/Issues/webcast_2014-06-03-1500_insurance-european-solvency-ii-survey-2014
Link to survey report: http://www.ey.com/GL/en/Industries/Financial-Services/Insurance/EY-european-solvency-ii-survey-2014
Waves of change: the shifting insurance landscape in rapid-growth marketsEY
This report from EY:
• Analyzes 21 rapid-growth markets (RGMs) for overall outlook for and attractiveness to insurers
• Develops an opportunity-risk matrix
• Criteria for evaluation:
o Projected insurance premium growth
o Regulatory change
o Macroeconomic volatility
o Potential for liquidity risks
o Corruption risk
Full report available at: http://www.ey.com/GL/en/Industries/Financial-Services/Insurance/EY-Waves-of-change
EC High-level group of Macro-regional strategies, Brussels, Belgium, 3 June 2015, presentation on Implementing Regional Policies Effectively by Joaquim Oliveira Martins, Head, Regional Development Policy.
www.oecd.org/gov/regional-policy/
Nearly 80% of European insurers are on track to implement Solvency II by 1 Jan 2016, but there is wide variation in the level of preparedness by country.
Dutch, UK and Nordic insurers are most confident in meeting the requirements, while French, German, Greek and Eastern European insurers are less confident.
Our survey of more than 170 insurance companies across 20 European countries sheds light on key areas of implementing Solvency II, including data and IT readiness, organizational change, regulatory interaction, recovery and resolution planning, and capital optimization.
We will also discuss our other findings:
- Insurers are seeking to improve the effectiveness of their risk management.
- Challenges of reporting and ensuring robust data and information technology (IT) remain very significant.
- Preparedness for Pillar 3 remains relatively low, and action is needed in 2014 to meet the requirements on time.
- Many insurers are not satisfied with the level of support from their regulators in providing timely feedback on plans and interpretation of new requirements. This is due, in part, to the significant resourcing challenges regulators face.
- Automation of many risk management activities, particularly reporting, remains relatively low.
Link to on-demand webcast: http://www.ey.com/GL/en/Issues/webcast_2014-06-03-1500_insurance-european-solvency-ii-survey-2014
Link to survey report: http://www.ey.com/GL/en/Industries/Financial-Services/Insurance/EY-european-solvency-ii-survey-2014
Waves of change: the shifting insurance landscape in rapid-growth marketsEY
This report from EY:
• Analyzes 21 rapid-growth markets (RGMs) for overall outlook for and attractiveness to insurers
• Develops an opportunity-risk matrix
• Criteria for evaluation:
o Projected insurance premium growth
o Regulatory change
o Macroeconomic volatility
o Potential for liquidity risks
o Corruption risk
Full report available at: http://www.ey.com/GL/en/Industries/Financial-Services/Insurance/EY-Waves-of-change
EC High-level group of Macro-regional strategies, Brussels, Belgium, 3 June 2015, presentation on Implementing Regional Policies Effectively by Joaquim Oliveira Martins, Head, Regional Development Policy.
www.oecd.org/gov/regional-policy/
Political risk and trade finance TXF conference - Nov 2014Damian Karmelich
Asia is at the nexus of global trade flows and is critical to the health of the global economy. The region accounts for more than 35 percent of the world’s trade and is forecast to contribute over 45 percent of global GDP in the coming decade. Yet its success is not assured. Among the many challenges are a series of political events and trends that threaten the region’s trade flows and the financial infrastructure that underpins them.
This presentation examines political risk in the Asia region drawing on Political Monitor’s Asia Political Risk Index. It includes, an analysis of key trends and events likely to influence the politics of the region, a review of regional hotspots, an in-depth examination of political risk in key markets, and a discussion of the implications of political risk for trade flows and finance.
Evaluating publicly supported financial guarantee programmes for SMEs
This presentation by the OECD's Sebastian Schich describes the advantages of reviewing the net benefits of publicly supported financial guarantee programmes for SMEs.
More information about OECD work on inancial sector guarantees is available at http://www.oecd.org/finance/financialsectorguarantees.htm
Access the G20 G20/OECD High-level Principles on SME Financing http://www.oecd.org/finance/G20-OECD-High-Level-%20Principles-on-SME-Financing.pdf
HLEG thematic workshop on measuring economic, social and environmental resili...StatsCommunications
HLEG thematic workshop on Measuring economic, social and environmental resilience, 25-26 November 2015, Rome, Italy, More information at: http://oe.cd/StrategicForum2015
Overcoming compliance fatigue - Reinforcing the commitment to ethical growth ...EY
This presentation is based on EY FIDS' 13th Global Fraud Survey. It highlights the state of fraud, bribery and corruption, comprising global as well as India findings.
For further information, please visit: http://www.ey.com/FIDS
The Global Sustainable Competitiveness Index is the most comprehensive global ranking of the competitiveness of individual nation-economies in the present and into the future
Technological advances and globalization have led to major advances for many, but have seen others income and well-being stagnate or even decline. These disparities, both real and perceived - are more broadly, how to make growth inclusive - are some of the greatest challenges facing the world today. Support for inclusive growth - that is, economic growth that is broad-based, sustainable, and provides opportunities for all to participate in its benefits - is gaining momentum. The hoped-for result: dramatic reduction of poverty and inequality. As the world seeks to address these challenges, there is significant potential for private sector actors to pursue unique opportunities that support inclusive growth.
The Inclusive Growth Opportunities Index, developed by The Economist Intelligence Unit with the Morgan Stanley Institute for Sustainable Investing, seeks to connect the need for inclusive growth solutions with investment opportunity. A first-of-its-kind, the Inclusive Growth Opportunities Index offers an analytic framework to rate and rank countries, identifying investment opportunities in technology-based solutions to support inclusive growth.
Can the success of one social or economic goal affect the success of many others? According to this report, yes. Policy goals cannot be addressed individually, especially as the world becomes more resource constrained. Interconnected strategies and cross-sector co-operation are becoming increasingly important.
Evolving development goals in an evolving world is an EIU report, sponsored by Microsoft, that explores how policymakers in both the developed and developing world prioritise social and environmental goals.
Six growing trends in corporate sustainability 2013Jaime Sakakibara
Earlier this month Ernst & Young and GreenBiz Group released a new study, entitled ‘2013 Six Growing Trends in Corporate Sustainability.’ Based primarily on a survey of the GreenBiz Intelligence Panel of executives and thought leaders engaged in sustainability, this study reveals that “companies are increasingly connecting the dots between risk management and sustainability by making sustainability issues more prominent on corporate agendas.”
How are EMEA investors responding to changing macroeconomic and regulatory environments, stakeholder objectives and pressures, and market conditions? Based on a survey of 200 institutional investors in the region, this report takes a detailed look.
Political risk and trade finance TXF conference - Nov 2014Damian Karmelich
Asia is at the nexus of global trade flows and is critical to the health of the global economy. The region accounts for more than 35 percent of the world’s trade and is forecast to contribute over 45 percent of global GDP in the coming decade. Yet its success is not assured. Among the many challenges are a series of political events and trends that threaten the region’s trade flows and the financial infrastructure that underpins them.
This presentation examines political risk in the Asia region drawing on Political Monitor’s Asia Political Risk Index. It includes, an analysis of key trends and events likely to influence the politics of the region, a review of regional hotspots, an in-depth examination of political risk in key markets, and a discussion of the implications of political risk for trade flows and finance.
Evaluating publicly supported financial guarantee programmes for SMEs
This presentation by the OECD's Sebastian Schich describes the advantages of reviewing the net benefits of publicly supported financial guarantee programmes for SMEs.
More information about OECD work on inancial sector guarantees is available at http://www.oecd.org/finance/financialsectorguarantees.htm
Access the G20 G20/OECD High-level Principles on SME Financing http://www.oecd.org/finance/G20-OECD-High-Level-%20Principles-on-SME-Financing.pdf
HLEG thematic workshop on measuring economic, social and environmental resili...StatsCommunications
HLEG thematic workshop on Measuring economic, social and environmental resilience, 25-26 November 2015, Rome, Italy, More information at: http://oe.cd/StrategicForum2015
Overcoming compliance fatigue - Reinforcing the commitment to ethical growth ...EY
This presentation is based on EY FIDS' 13th Global Fraud Survey. It highlights the state of fraud, bribery and corruption, comprising global as well as India findings.
For further information, please visit: http://www.ey.com/FIDS
The Global Sustainable Competitiveness Index is the most comprehensive global ranking of the competitiveness of individual nation-economies in the present and into the future
Technological advances and globalization have led to major advances for many, but have seen others income and well-being stagnate or even decline. These disparities, both real and perceived - are more broadly, how to make growth inclusive - are some of the greatest challenges facing the world today. Support for inclusive growth - that is, economic growth that is broad-based, sustainable, and provides opportunities for all to participate in its benefits - is gaining momentum. The hoped-for result: dramatic reduction of poverty and inequality. As the world seeks to address these challenges, there is significant potential for private sector actors to pursue unique opportunities that support inclusive growth.
The Inclusive Growth Opportunities Index, developed by The Economist Intelligence Unit with the Morgan Stanley Institute for Sustainable Investing, seeks to connect the need for inclusive growth solutions with investment opportunity. A first-of-its-kind, the Inclusive Growth Opportunities Index offers an analytic framework to rate and rank countries, identifying investment opportunities in technology-based solutions to support inclusive growth.
Can the success of one social or economic goal affect the success of many others? According to this report, yes. Policy goals cannot be addressed individually, especially as the world becomes more resource constrained. Interconnected strategies and cross-sector co-operation are becoming increasingly important.
Evolving development goals in an evolving world is an EIU report, sponsored by Microsoft, that explores how policymakers in both the developed and developing world prioritise social and environmental goals.
Six growing trends in corporate sustainability 2013Jaime Sakakibara
Earlier this month Ernst & Young and GreenBiz Group released a new study, entitled ‘2013 Six Growing Trends in Corporate Sustainability.’ Based primarily on a survey of the GreenBiz Intelligence Panel of executives and thought leaders engaged in sustainability, this study reveals that “companies are increasingly connecting the dots between risk management and sustainability by making sustainability issues more prominent on corporate agendas.”
How are EMEA investors responding to changing macroeconomic and regulatory environments, stakeholder objectives and pressures, and market conditions? Based on a survey of 200 institutional investors in the region, this report takes a detailed look.
Presentation delivered at the Women in Finance Conference, South Africa.
The presentation deals with Integrated Sustainability Reporting, South Africa, 2010.
Degroof Petercam Asset Management's chief economist and asset allocator look into whether the reflation trade is for real and inflation is back in the cards.
De grote Pensioenwerf - het volledige Artikel in Trends. Bart Van Craeynest, hoofdeconoom bij Petercam, legt de uitdagingen van ons pensioenstelsel uit. Feel free to share!
Just out: analyse over de pensioenen in België. Interessant dossier van hoofdeconoom van #Petercam Bart Van Craeynest (@bvancraeynest). Feel free to share!
Just out: analyse over de pensioenen in België. Interessant dossier van hoofdeconoom van #Petercam Bart Van Craeynest (@bvancraeynest). Feel free to share!
What website can I sell pi coins securely.DOT TECH
Currently there are no website or exchange that allow buying or selling of pi coins..
But you can still easily sell pi coins, by reselling it to exchanges/crypto whales interested in holding thousands of pi coins before the mainnet launch.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and resell to these crypto whales and holders of pi..
This is because pi network is not doing any pre-sale. The only way exchanges can get pi is by buying from miners and pi merchants stands in between the miners and the exchanges.
How can I sell my pi coins?
Selling pi coins is really easy, but first you need to migrate to mainnet wallet before you can do that. I will leave the telegram contact of my personal pi merchant to trade with.
Tele-gram.
@Pi_vendor_247
Turin Startup Ecosystem 2024 - Ricerca sulle Startup e il Sistema dell'Innov...Quotidiano Piemontese
Turin Startup Ecosystem 2024
Una ricerca de il Club degli Investitori, in collaborazione con ToTeM Torino Tech Map e con il supporto della ESCP Business School e di Growth Capital
Seminar: Gender Board Diversity through Ownership NetworksGRAPE
Seminar on gender diversity spillovers through ownership networks at FAME|GRAPE. Presenting novel research. Studies in economics and management using econometrics methods.
Abhay Bhutada Leads Poonawalla Fincorp To Record Low NPA And Unprecedented Gr...Vighnesh Shashtri
Under the leadership of Abhay Bhutada, Poonawalla Fincorp has achieved record-low Non-Performing Assets (NPA) and witnessed unprecedented growth. Bhutada's strategic vision and effective management have significantly enhanced the company's financial health, showcasing a robust performance in the financial sector. This achievement underscores the company's resilience and ability to thrive in a competitive market, setting a new benchmark for operational excellence in the industry.
what is the future of Pi Network currency.DOT TECH
The future of the Pi cryptocurrency is uncertain, and its success will depend on several factors. Pi is a relatively new cryptocurrency that aims to be user-friendly and accessible to a wide audience. Here are a few key considerations for its future:
Message: @Pi_vendor_247 on telegram if u want to sell PI COINS.
1. Mainnet Launch: As of my last knowledge update in January 2022, Pi was still in the testnet phase. Its success will depend on a successful transition to a mainnet, where actual transactions can take place.
2. User Adoption: Pi's success will be closely tied to user adoption. The more users who join the network and actively participate, the stronger the ecosystem can become.
3. Utility and Use Cases: For a cryptocurrency to thrive, it must offer utility and practical use cases. The Pi team has talked about various applications, including peer-to-peer transactions, smart contracts, and more. The development and implementation of these features will be essential.
4. Regulatory Environment: The regulatory environment for cryptocurrencies is evolving globally. How Pi navigates and complies with regulations in various jurisdictions will significantly impact its future.
5. Technology Development: The Pi network must continue to develop and improve its technology, security, and scalability to compete with established cryptocurrencies.
6. Community Engagement: The Pi community plays a critical role in its future. Engaged users can help build trust and grow the network.
7. Monetization and Sustainability: The Pi team's monetization strategy, such as fees, partnerships, or other revenue sources, will affect its long-term sustainability.
It's essential to approach Pi or any new cryptocurrency with caution and conduct due diligence. Cryptocurrency investments involve risks, and potential rewards can be uncertain. The success and future of Pi will depend on the collective efforts of its team, community, and the broader cryptocurrency market dynamics. It's advisable to stay updated on Pi's development and follow any updates from the official Pi Network website or announcements from the team.
What price will pi network be listed on exchangesDOT TECH
The rate at which pi will be listed is practically unknown. But due to speculations surrounding it the predicted rate is tends to be from 30$ — 50$.
So if you are interested in selling your pi network coins at a high rate tho. Or you can't wait till the mainnet launch in 2026. You can easily trade your pi coins with a merchant.
A merchant is someone who buys pi coins from miners and resell them to Investors looking forward to hold massive quantities till mainnet launch.
I will leave the telegram contact of my personal pi vendor to trade with.
@Pi_vendor_247
how to sell pi coins effectively (from 50 - 100k pi)DOT TECH
Anywhere in the world, including Africa, America, and Europe, you can sell Pi Network Coins online and receive cash through online payment options.
Pi has not yet been launched on any exchange because we are currently using the confined Mainnet. The planned launch date for Pi is June 28, 2026.
Reselling to investors who want to hold until the mainnet launch in 2026 is currently the sole way to sell.
Consequently, right now. All you need to do is select the right pi network provider.
Who is a pi merchant?
An individual who buys coins from miners on the pi network and resells them to investors hoping to hang onto them until the mainnet is launched is known as a pi merchant.
debuts.
I'll provide you the Telegram username
@Pi_vendor_247
how to sell pi coins in all Africa Countries.DOT TECH
Yes. You can sell your pi network for other cryptocurrencies like Bitcoin, usdt , Ethereum and other currencies And this is done easily with the help from a pi merchant.
What is a pi merchant ?
Since pi is not launched yet in any exchange. The only way you can sell right now is through merchants.
A verified Pi merchant is someone who buys pi network coins from miners and resell them to investors looking forward to hold massive quantities of pi coins before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
The European Unemployment Puzzle: implications from population agingGRAPE
We study the link between the evolving age structure of the working population and unemployment. We build a large new Keynesian OLG model with a realistic age structure, labor market frictions, sticky prices, and aggregate shocks. Once calibrated to the European economy, we quantify the extent to which demographic changes over the last three decades have contributed to the decline of the unemployment rate. Our findings yield important implications for the future evolution of unemployment given the anticipated further aging of the working population in Europe. We also quantify the implications for optimal monetary policy: lowering inflation volatility becomes less costly in terms of GDP and unemployment volatility, which hints that optimal monetary policy may be more hawkish in an aging society. Finally, our results also propose a partial reversal of the European-US unemployment puzzle due to the fact that the share of young workers is expected to remain robust in the US.
2. Responsible Investment Contact
Ophélie Mortier | Responsible Investment Strategist |+ 32 2 287 97 01 | sustainable@degroofpetercam.com @DP_OMortier
degroofpetercam.com
2 |
Sustainability Ranking - DEVELOPED countries
Half-yearly report – March 2017
While sustainable and ESG research on corporates from independent third parties is generally readily
available, reliable information on countries is harder to come by. The sovereign debt crises have
questioned the status of ‘risk-free’ asset class of government bonds. This has led to the emergence of
several analyses of country sustainability.
This in-house developed sustainability ranking is the basis of the eligible investment universe of
government bonds issued by OECD Member States. The proprietary research model, which was
developed by Degroof Petercam Asset Management (DPAM) in 2007, has the track record and credibility
to assess trends and the added value of such analyses.
Sustainability ranking – March 2017
The starting universe is composed from the members of the OECD, therefore each new membership is
included in the starting universe. The sustainability ranking allows the identification of countries which
have fully integrated global challenges in their development of medium-term objectives.
This complements the information gathered from credit rating, which is traditionally used to assess the
short term valuation of sovereign debt. Integrating long-term perspectives, which have no direct impact on
the current valuation of an investment, but will influence medium and long-term performance, allows to
highlight those countries that are expected to outperform and therefore to be solvent.
The sustainability analysis results in a ranking of the different countries under scrutiny. Only the top 50%
performers in the ranking are eligible for investment in specifically sustainable strategies.
4. Responsible Investment Contact
Ophélie Mortier | Responsible Investment Strategist |+ 32 2 287 97 01 | sustainable@degroofpetercam.com @DP_OMortier
degroofpetercam.com
4 |
What is sustainability?
Sustainable development meets the needs of the present generation without compromising the ability of
future generations to meet their own needs.1
Sustainability at country level differs from that of a corporation. A sustainable country is committed to fully
ensuring the freedom of its citizens, invests in their personal development and welfare (education,
healthcare, wealth), is respectful towards the environment and is reliable in terms of international
responsibilities and commitments.
How to measure sustainability of a country?
There are three main approaches to measuring the sustainability of a country, namely
1. The legal approach, with the emphasis on treaties and offenses related to government actions. It
should be noted however that agreement on treaties is not always fully binding and there is often no
penalty where violations occur.
2. The extreme stakeholder approach. The inconvenience of this approach is the importance of the
number of stakeholders and parameters to be considered, giving rise to the possibility of dilution and
irrelevancy of the indicators.
3. The exclusion approach, which consists of exclusions on the basis of controversial activities, examples
being whale hunting and deforestation .
These approaches raise the issue of the moral threshold level, and subjectivity is likely to make it
questionable. In contrast to corporates, for which extra financial information is largely provided by external
parties, for countries there is a perceived lack of information.
1
Brundtland Report for the United Nations – 1987
5. Responsible Investment Contact
Ophélie Mortier | Responsible Investment Strategist |+ 32 2 287 97 01 | sustainable@degroofpetercam.com @DP_OMortier
degroofpetercam.com
5 |
The lack of information and an associated model encouraged DPAM to develop an in-house research model
in 2007. Given the subjective character of the issue, key principles were defined from the beginning:
1. Existence of an advisory board, consisting of
external specialists providing input to the
model
2. Assessment of the commitment of the country
to its sustainable development: variables on
which the country can have influence through
decisions (for example biodiversity relies
heavily on the location and climate of a
country and cannot always be changed by the
latter)
3. Comparability and objectivity: criteria are
numeric data, available from reliable sources
and comparable for all countries.
The Fixed Income Sustainable Advisory Board (FISAB)
ensures the objectivity of the model
The role of the FISAB is threefold:
1. To select the sustainable criteria which fulfil the preliminary requirements, and are the most relevant
in the framework of sustainability assessment of the OECD universe.
2. To determine the weights attributed to each indicator.
3. To critically and accurately review the model and the ranking to ensure continuous improvement
4. To validate the list of eligible countries
The FISAB consists of eight voting members, four external and four internal. The objective of the board is to
raise awareness on ESG issues among the portfolio management teams. The complementary background of
the members guarantees a high level of expertise and knowledge of the issue in constructing the most
relevant model.
Selective and objective criteria to assess the sustainability of
countries
The sustainable overlay is characterised by the criteria which governments can utilise to influence their
policies (government, authorities, law). Thus, it avoids data linked to the geography or population density
of the country. The model is quantitative and tracks the current performance of a country, with comparable
data. Only a limited number of treaties are considered as they do not guarantee genuine commitment.
6. Responsible Investment Contact
Ophélie Mortier | Responsible Investment Strategist |+ 32 2 287 97 01 | sustainable@degroofpetercam.com @DP_OMortier
degroofpetercam.com
6 |
Degroof Petercam Best-in-class approach
The sustainability analysis focuses on five main key drivers: Transparency & Democratic Values,
Environment, Education, Healthcare & Wealth Distribution and Economics.
Each criterion gets an assigned weight and each country receives a score ranging from 0 (worst) to 100
(best) based on its relative position compared to other countries (comparison to the difference between
the maximum and the minimum). For binary criterion (death penalty, signing Kyoto protocol, for instance) a
score of either 0 or 100 will apply.
The final and overall score of a country is equal to the weighted average of the scores on each criterion,
using the weights which are decided by the Fixed Income Sustainable Advisory Board.
The selection process results in a ranking of the 35 countries. The final scoring is rounded up to avoid an
excessively unstable universe as decimals are statistically irrelevant.
Specific economic data are taken into account to assess the fiscal situation of a country. Indeed, the
stronger the fiscal and budgetary position, the more a country needs to invest in purposeful governance
programs to manage social and environmental risks and support long-term sustainability goals. Economic
data is therefore an additional key driver (competitiveness index, budget balance, public debt, etc.) but the
weight assigned is lower than the four other key drivers as this type of data are also taken into account by
the investment team in their fundamental research and analysis.
For the sake of comparability, data are historical. To avoid subjectivity in the model, no data based on
future promises (policies, etc.) are considered. Nevertheless, progress and improvement are taken into
consideration through a trend indicator, which provides insights into the robustness of a country’s
commitment to sustainability. The trend is calculated over the previous three years and a 25% weight of
the scoring is allocated to it.
In total, the model has around 60 indicators.
7. Responsible Investment Contact
Ophélie Mortier | Responsible Investment Strategist |+ 32 2 287 97 01 | sustainable@degroofpetercam.com @DP_OMortier
degroofpetercam.com
7 |
The approach is dynamic as the selected criteria are reviewed twice per year, with the intention of
selecting the most appropriate and relevant criteria for each domain. An indicator may be replaced and
adapted, or omitted. New indicators can enter the model and the allocation of the weightings may also
vary. In the event of grave offenses (for example declaration of war, violation of international rights/UN
conventions), countries may be excluded as from the beginning of the sustainable research process (Israel
in 2010 for example).
Sources are internationally recognized
The model aims for highest possible level of objectivity. Accordingly, statistical data to support the analysis
of the country’s sustainability are mainly collected from government databases and international
government agencies such as the International Energy Agency, World Bank, International Monetary Fund,
United Nations Development Programme and US Central Intelligence Agency. Data are complemented by
information drawn from leading non-governmental organisations such as Freedom House, Transparency
International and World Economic Forum.
8. Responsible Investment Contact
Ophélie Mortier | Responsible Investment Strategist |+ 32 2 287 97 01 | sustainable@degroofpetercam.com @DP_OMortier
degroofpetercam.com
8 |
Ranking per individual sustainable criteria
Transparency and democratic values Population, health & wealth distribution
11. Responsible Investment Contact
Ophélie Mortier | Responsible Investment Strategist |+ 32 2 287 97 01 | sustainable@degroofpetercam.com @DP_OMortier
degroofpetercam.com
11 |
Features of the investment fund DPAM L Bonds
Government Sustainable
Objective of the investment fund
DPAM L Bonds Government Sustainable mainly invests in bonds and/or other debt securities, fixed or
floating, issued (or guaranteed) by an OECD Member State (including the regional authorities thereof) or
certain international public bodies and selected on the basis of sustainable development criteria
Technical details
DPAM L Bonds Government Sustainable is a sub-fund of DPAM L Invest und, a sicav under Luxembourg law
ISIN Income class A LU0336683411
ISIN Accumulation class B LU0336683502
ISIN Income class E LU0336683684
ISIN Accumulation class F LU0336683767
Entry fee Negotiable with a maximum of 3%
Exit fee 0%
Management fee (class A and B) 0.40% annually
Please refer to the KIID, (simplified) prospectus and fund factsheet for additional information.
Degroof Petercam and its commitment towards
sustainability
Asset management company Petercam Institutional Asset Management (Petercam IAM) is part of the
group Degroof Petercam.
In September 2011 Petercam IAM signed the UNPRI, aiming to encourage the integration of
environmental, social and governance (ESG) issues into investment decision making. Degroof Petercam
Asset Management signed the UNPRI in March 2016 to show the commitment from the merged asset
company to adopting and implementing the six relevant Principles. By signing the UNPRI principles, DPAM
has publicly demonstrated its top level commitment to consistently integrating ESG factors with its
fiduciary duty and to contributing to the development of a more long-term oriented and sustainable
investment approach. Being part of a collaborative and dynamic global network, DPAM gains access to a
better understanding and knowledge of risks and opportunities related to responsible investments.
As testimony of its commitment, DPAM also initiated a Responsible Investment Steering Group comprising
members from diversified business lines within the company who share the same willingness and pro-
activity to enhance sustainable and ESG issues within DPAM.
In addition, DPAM has appointed a fully dedicated Responsible Investor Strategist whose main objectives
are:
12. Responsible Investment Contact
Ophélie Mortier | Responsible Investment Strategist |+ 32 2 287 97 01 | sustainable@degroofpetercam.com @DP_OMortier
degroofpetercam.com
12 |
1. steer all initiatives, projects and methodologies related to the sustainable aspect of DPAM’s
investment processes
2. be responsible for streamlining initiatives regarding ESG challenges (Environmental, Social,
Governance) on DPAM level.
3. be the privileged contact person for the UN PRI, of which DPAM became a signatory in September
2011 and for other stakeholders (Beama, Eurosif, FIR, etc.).
Today DPAM manages ten sustainable strategies: three active fundamental equity strategies, three
indexing equity strategies, three active fundamental fixed income strategies and a balanced strategy.
Furthermore, DPAM has defined its responsible investor policy and approach to integrate ESG issues within
the buy-side investment research and its mainstream Investment processes.
Finally, DPAM has adopted a voting policy which describes the key principles of corporate governance it
wants to promote. Linked to this, it has adopted an engagement program, to be a responsible and active
shareholder.
For more information, please contact:
Ophélie Mortier Responsible Investment Strategist
o.mortier@degroofetercam.comTel + 32 2 287 97 01
Disclaimer
When considering an investment in financial products, such as bonds, equities, and mutual funds or any other financial instrument, potential investors and recipients of
this document are invited to undertake independent investigations, assessments or analysis as deemed appropriate by them. Applications to invest in any fund referred
to in this document can only validly be made on the basis of the current prospectus or simplified prospectus, together with the latest available annual report and
accounts. All opinions and financial estimates herein reflect a situation on the date of issuance of the document and are subject to change without notice. Indeed, past
performances are not necessarily a guide to future performances and may not be repeated. Petercam SA has made its best efforts in the preparation of this document.
The information is based on sources which Petercam SA believes to be reliable. However, it does not represent that the information is accurate and complete. Petercam
SA is acting in the best interests of its clients, without carrying any obligation to achieve any result or performance whatsoever. Petercam SA, its connected persons,
officers and employees do not accept any liability for any direct, indirect or consequential loss, cost or expense arising from any use of the information and its content.
Present document may not be duplicated, in whole or in part, or distributed to other persons without prior written consent of Petercam SA