A forward-looking investment philosophy


Sustainability means taking economic, ecological and social aspects into consideration in order to ensure balanced, positive development over the long term.


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In recent years, the topics of sustainability and responsibility have increasingly become important criteria for the selection of an investment. For this reason, Raiffeisen Capital Management* has committed itself to this investment philosophy and developed its own perspective:


"Sustainable development is based on a fragile balance between the environment, society and the economy. One-sided approaches can lead to imbalances and an imminent collapse of the system."


This definition can be illustrated very well using the example of three balancing rocks stacked on top of one another: If one of the rocks shifts, the entire structure becomes unbalanced.


 

 

Transparency. For Raiffeisen Capital Management, transparency is not just a buzzword, but rather an essential pillar of a fair customer relationship. Therefore, Raiffeisen Capital Management is a member of Forum Nachhaltige Geldanlagen (FNG) and a proponent of the European SRI Transparency Code.

 

 

Sustainability as a measure of quality. A deeper look quickly reveals that socially responsible action is a measure of the quality of a company or issuer. Because a good score in the stakeholder analysis, which assesses how the company treats its employees, customers, suppliers, the environment, etc., often goes hand in hand with a good credit rating and healthy company growth. One reason for this is certainly that good long-term performance is only possible with a commitment to sustainable business, because this allows future developments to be anticipated and drives action that is compatible with these developments.

 

 

Partners

oekom research AG

oekom research AG is one of the world’s leading rating agencies in the sustainable investment segment. The company’s sustainability research covers equity and bond issuers (companies, countries and supranational organisations). The interdisciplinary team at oekom research currently comprises 48 analysts. oekom research is an important research partner for Raiffeisen Capital Management.

MSCI ESG

MSCI ESG offers detailed ratings and analyses of the environmental-, social- and governance-related business practices of thousands of companies around the world. MSCI ESG’s team is made up of more than 130 analysts. MSCI ESG is also an important research partner for Raiffeisen Capital Management.

UN-PRI

The http://www.unpri.org/UN-supported Principles for Responsible Investment Initiative is an international network of investors working together to put the six Principles for Responsible Investment into practice. Raiffeisen Capital Management is a signatory to these principles and is actively working to gradually implement them in its business activities.

 

Raiffeisen Capital Management commits to the following principles (where consistent with its fiduciary responsibilities):

 1. We will incorporate environmental, social and governance (ESG) issues into investment analysis and decision-making processes.
 2. We will be active owners and incorporate ESG issues into our ownership policies and practices.
 3. We will seek appropriate disclosure on ESG issues by the entities in which we invest.
 4. We will promote acceptance and implementation of the Principles within the investment industry.
 5. We will work together to enhance our effectiveness in implementing the Principles.
 6. We will each report on our activities and progress towards implementing the Principles.

 

 

* stands for Raiffeisen Kapitalanlage GmbH

 

This is a marketing material of Raiffeisen Kapitalanlage-GmbH. As of June 2016.

 

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