Our ESG/SRI approach
Giving coherence to your savings
We believe that by analysing issuers’ financial fundamentals and also their environmental, social and governance (ESG) practices and engagements, we are able to identify investment opportunities and risks more clearly and can therefore reconcile ESG impact with resilience and financial returns.
Under this strong conviction, Promepar AM has adopted a responsible approach over many years, in line with the Bred group’s broader engagement promoting more sustainable finance.
Promepar AM participates in developing sustainable finance
By prioritising and focusing on investments in companies applying best practices in terms of corporate social responsibility (CSR).
By engaging in constructive dialogue with issuers: our shareholder engagement policy.
By voting at the annual shareholder meetings of the issuers held in our portfolios, under a strict voting policy.
By regularly updating our Bred network and our clients on sustainable finance news (companies, investors, regulators, government bodies, supranational organisations, civil society, etc.).
By signing the Principles for Responsible Investment (PRI).
By supporting organisations engaged in responsible finance including the Association Ethique et Investissement which launched the first French ethical fund in 1983, and the Association Française de la Gestion financière.
By donating a proportion of our Bred Sélection ISR fund’s management fees to foundations involved in education & equal opportunities.
Promepar AM integrates ESG throughout its assets under management
Promepar AM takes extra financial criteria (ESG) into account in its managed funds and investment mandates: our ESG policy.
Promepar AM provides socially responsible investment (SRI) solutions
Promepar AM provides SRI solutions through a variety of investment mandate profiles and the Bred Sélection SRI fund :
Investment mandates: 4 types of multi-asset management profiles.
Managed funds : Bred Sélection ISR which combines selectivity, impact investing, sharing and participation with several of the United Nations Sustainable Development Goals.
January 2022 – SRI Flash
The responsible economy’s news
Rapport d'impact ESG 2021 de BRED Sélection ISR
En analysant les émetteurs à la fois sur leurs fondamentaux financiers mais aussi sur leurs pratiques, leurs engagements et leurs impacts Environnementaux, Sociaux et de Gouvernance (ESG), nous pouvons mieux identifier les opportunités et les risques d’investissement.
Politique ESG
Préambule
Convaincu que le secteur financier a la responsabilité d’orienter les capitaux investis vers les entreprises qui contribuent positivement aux enjeux du développement durable, Promepar AM a défini une politique ESG qu’elle déploie dans l’ensemble de sa gestion.
L’analyse extra financière des émetteurs dans lesquels nous investissons complète en effet l’analyse financière en nous apportant des indicateurs importants non lisibles dans les bilans financiers, en particulier sur la qualité de la gestion de la société, sur ses engagements, ses implications et ses impacts en matière de développement durable.
Pour respecter les principes du développement durable, un émetteur d’actions ou d’obligations doit intégrer à ses activités des préoccupations sociales et environnementales. Cela se matérialise par la définition d’une politique RSE (Responsabilité Sociétale des Entreprises) claire et ambitieuse, transparente et disponible pour l’ensemble de ses parties prenantes.
Pour un investisseur, évaluer la politique RSE d’un émetteur revient à l’analyser au regard de critères financiers et extra financiers, communément appelés critères ESG pour Environnement – Social – Gouvernance, mais aussi au regard des Objectifs du Développement Durables définis par l’ONU
Voting policy
Introduction
Promepar AM has been the asset management company of Bred Banque Populaire Group since 1974.
Our job is to add value and grow the capital entrusted by our clients, while seeking to optimally manage the associated risks.
Our Equity or Diversified mutual funds give voting rights to our portfolio managers.
Just like ongoing dialogue between investors and issuers, voting rights contribute to the development of Corporate Social Responsibility (CSR) and the application of Environmental, Social and Governance (ESG) criteria in their activities and for all their stakeholders.
As shareholders, we therefore consider it not just a right but also a duty to concern ourselves with the strategic, financial, operational and ESG aspects of the businesses in which we invest. This stance is reflected in our voting policy, in accordance with Articles 314-100 to 314-104 and 319-21 to 319-25 of the AMF General Regulations.
This document describes the conditions in which PROMEPAR AM intends to exercise its voting rights. It contains :
- Promepar AM’s voting procedure
- Promepar AM’s voting policy
- Promepar AM’s voting record for the year