RESPONSIBLE
We select companies within each sector that meet the strict selection criteria taken into account in the investment process.
RESPONSIBLE funds are categorized according to article 8 of Disclosure regulation.
In addition to traditional financial analysis, their goal is to promote environmental and/or social topics, as well as issues in the field of corporate governance (ESG), not only within investment decisions, but also by exerting a direct influence on the management of companies in portfolios (active ownership).
RESPONSIBLE funds must meet high ethical standards via adhering to wide range of exclusion criteria.
"Best in Class" approach is used, in which we compare companies within the same industry based on defined sustainability criteria. The companies with the highest ratings are selected.
Generally for portfolios of RESPONSIBLE funds in Erste Asset Management only investments in companies with ESGenius® score of at least 50 out of 100 possible points are eligible, with full ESG data coverage processed by Erste Asset Management of 100% of the net asset value in the fund.
Scale of ESGenius® score
You can find more information about the ESGenius score here.
Good governance practices are assessed on the basis of compliance with exclusion criteria, a minimum ESGenius® score and an assessment of compliance with the principles of the UN Global Compact initiative.
More information about conditions for in the field of sustainability is provided in the sales prospectuses of RESPONSIBLE funds.
Responsible funds that Erste Asset Management manages or publicly offers in Slovakia:
Fond zodpovedného investovania
ERSTE RESPONSIBLE BOND EURO CORPORATE
ERSTE RESPONSIBLE STOCK AMERICA
ERSTE RESPONSIBLE STOCK EUROPE
Notice
See important sustainability notices and legal information as well as risk notes for each fund at the relevant link.