La Française achieves at least 90% of the maximum score in its asset management specialities, confirming its position as a benchmark sustainable investor.
These excellent scores reaffirm La Française's sustainable investment approach, launched in 2008, and highlight the progress made by La Française in deploying its ESG strategy.
With results close to or above 90%, La Française is demonstrating its ability to integrate ESG criteria into its management processes across its various asset classes, as well as its determination to take action through its commitment policy.
In the space of two years, La Française has improved by more than 10 points to reach almost 90% of the maximum score for real estate asset classes and almost 95% of the maximum score for corporate fixed income products. Active fundamental asset management of listed equity products remains broadly stable at 86% of the maximum score.
Finally, it should be noted that Policy Governance and Strategy, and Confidence building measures modules have each received the maximum score of 5 stars.
Laurent Jacquier Laforge, Head of Sustainable Investment at the La Française Group:
"These results are a clear approval and encourage us to continue our efforts to become an active and influential player and to report on our impact to our stakeholders. The merger with Crédit Mutuel Alliance Fédérale to form an asset management division gives us the opportunity to deploy an ESG strategy with broader coverage in terms of the size of assets under management and the diversity of asset classes covered".
Laurent JACQUIER-LAFORGE, Global Head of Sustainable Investing Groupe La Française
The La Française Group signed the Principles for Responsible Investment (PRI)1 in October 2010 to strengthen its engagement in terms of sustainable finance and support the adoption of ESG criteria in investment. This approach underlines the importance the management company attaches to long-term, sustainable growth, shared value creation and greater transparency.
It is therefore committed to respecting the six principles established by the United Nations with regard to asset management:
- Integrate ESG issues into its investment analysis and decision-making processes.
- Integrate ESG issues into its shareholder policies and practices.
- Seek appropriate disclosure on ESG issues by the entities in which La Française invests.
- Promote the acceptance and implementation of the PRIs within the investment industry.
- Work in partnership with financial players who are committed to respecting the PRIs to improve their effectiveness.
- Report on activities and progress towards implementing the PRIs.
You can find our evaluation and transparency reports on our publications page on our website here.
1 The Principles for Responsible Investment (PRI) were launched by the United Nations in 2006. The PRI is an initiative created in partnership with UNEPFI (United Nations Environment Programme Finance Initiative) and the United Nations Global Compact.