The fund rating agency has developed a new qualitative measure called the Morningstar ESG Commitment Level which aims to identify the extent of commitment to environmental, social and governance factors within individual strategies and across the organization. It uses a four-tier scale: leader, advanced, basic and low.
Its first round of evaluations consisted of 40 asset managers and 107 individual strategies from across the globe. Robeco was awarded the top accolade of leader status. Three Robeco funds achieved the ‘advanced’ rating for ESG commitment.
In assessing each asset manager, three pillars were used, and then rolled into the overall ESG Commitment Level. This gave a 40% weighting to a firm’s philosophy and process, 30% to the resources it devoted to sustainability, and 30% for its commitment to active ownership.
Out of the 107 strategies assessed, Robeco Sustainable European Stars, RobecoSAM Smart Energy and RobecoSAM Sustainable Water were given advanced status. The criteria for this included the ability to deliver desirable ESG outcomes at the portfolio level, such as lower carbon emissions relative to a market benchmark, or advancing the UN Sustainable Development Goals.
The Morningstar ESG Commitment Level will ultimately be provided for all strategies for which the firm produces its Morningstar Analyst Rating for funds.
“ESG is integrated across all asset classes at Robeco, exemplifying its strong commitment to sustainable investing,” Morningstar said. “The investment teams on both sides closely collaborate with the firm’s 37 sustainability experts, ensuring that ESG is well-integrated in their investment processes and monitored in the portfolios.”
A pioneer of sustainable investing since the mid-1990s, Robeco has operated an active ownership team since 2005 and has integrated ESG into the investment process since 2010. ESG is now integrated into the entire range of fundamental equity, fixed income, quantitative and bespoke sustainability strategies, representing EUR 144 billion of assets under management at June 2020.
“Morningstar awarding us this status confirms our leadership in sustainable investing,” says Carola van Lamoen, Head of the Robeco Sustainable Investing Center of Expertise. “This reflects the hard work of many colleagues, in building out our research, ESG integration and active ownership activities, and furthering our overall sustainable investing approach.”
Please read this important information before proceeding further. It contains legal and regulatory notices relevant to the information contained on this website.
The information contained in the Website is NOT FOR RETAIL CLIENTS - The information contained in the Website is solely intended for professional investors, defined as investors which (1) qualify as professional clients within the meaning of the Markets in Financial Instruments Directive (MiFID), (2) have requested to be treated as professional clients within the meaning of the MiFID or (3) are authorized to receive such information under any other applicable laws. The value of the investments may fluctuate. Past performance is no guarantee of future results. Investors may not get back the amount originally invested. Neither Robeco Institutional Asset Management B.V. nor any of its affiliates guarantees the performance or the future returns of any investments. If the currency in which the past performance is displayed differs from the currency of the country in which you reside, then you should be aware that due to exchange rate fluctuations the performance shown may increase or decrease if converted into your local currency.
In the UK, Robeco Institutional Asset Management B.V. (“ROBECO”) only markets its funds to institutional clients and professional investors. Private investors seeking information about ROBECO should visit our corporate website www.robeco.com or contact their financial adviser. ROBECO will not be liable for any damages or losses suffered by private investors accessing these areas.
In the UK, ROBECO Funds has marketing approval for the funds listed on this website, all of which are UCITS funds. ROBECO is authorized by the AFM and subject to limited regulation by the Financial Conduct Authority. Details about the extent of our regulation by the Financial Conduct Authority are available from us on request.
Many of the protections provided by the United Kingdom regulatory framework may not apply to investments in ROBECO Funds, including access to the Financial Services Compensation Scheme and the Financial Ombudsman Service. No representation, warranty or undertaking is given as to the accuracy or completeness of the information on this website.
If you are not an institutional client or professional investor you should therefore not proceed. By proceeding please note that we will be treating you as a professional client for regulatory purposes and you agree to be bound by our terms and conditions.