Robeco and RobecoSAM have again achieved outstanding scores for sustainable investing from the UN Principles for Responsible Investment (PRI).
The PRI’s Assessment Report 2019 awarded Robeco the coveted A+ score for core strategy and governance, along with five other modules. RobecoSAM, our sustainability investing affiliate based in Zurich, was also awarded A+ for core strategy and governance, and for listed equity capability.
All these scores put both asset managers well ahead of their peers, with scores well above the investment industry median. In the key strategy and governance category, Robeco and RobecoSAM also gained the maximum possible three stars for four key areas in sustainable investing: objectives and strategies, governance and human resources, promoting RI, and ESG issues in asset allocation.
The scorecard is compiled by the PRI every year to assess the sustainability credentials of players in the investment industry, in order to promote its key objectives. It has six core principles, led by a commitment to using environmental, social and governance (ESG) factors in the investment process and the use of active ownership to effect change.
Robeco has also conducted an internal audit on the PRI report since 2017 – one of the few asset managers in the world to do so – underlining its thorough approach towards the assessment. As clients and other stakeholders are increasingly scrutinizing the sustainability investing approaches of asset managers, there is a growing demand for accountability and verification.
Robeco has been a signatory to the principles since 2006, the year they were launched by the PRI, and has integrated ESG into its investment processes since 2010. RobecoSAM became a PRI signatory in 2007.
“These are great scores which reconfirm Robeco’s leading position on Sustainable Investing,” say Carola van Lamoen, Head of Active Ownership, and Masja Zandbergen, Head of Sustainability Integration. “It is clear that the market is moving as well. We are committed to further developing and enhancing our ESG practices to continue to stay ahead of peers in the industry.”