Sycomore Social Impact
FR0010117085, FR0007073119, FR0010117093, FR0012758704
| Issuer | Sycomore Social Impact |
|---|---|
| Fund provider | Sycomore Asset Management |
| Fund type/Asset class | Equity fund |
| Legal form | FCP |
| Fund issue date | 01/10/2004 |
| Last Update | 04.01.2024 |
| Benchmark | Euro Stoxx TR |
| Tranche | - |
Risk Indicator (PRIIP)
5 of 7
Licensed in
D,
A
Classification by SFDR
-
EU Taxonomy
-
% of Sustainable Investments according to SFDR
-
Principal Adverse Impacts
No explicit details regarding the principal adverse impacts.
Sustainable Development Goals
No explicit details regarding the Sustainable Development Goals
Normal allocation
| Equities | 75 % to 100 % |
|---|---|
| Bonds | Excluded |
| Money market/Bank deposits | 0 % to 20 % |
| Commodities | Excluded |
| Direct investments | Excluded |
| Derivatives | Excluded (for hedging only) |
| Other | - |
Sustainability approach
| Principal Adverse Impacts |
-
|
|---|---|
| Further remarks on the consideration of SDGs | - |
| Rationale behind classification according to SFDR | - |
| Engagement | Yes, organized internally Link to engagement policy |
| Voting | Yes, organized internally Link to voting policy |
| Best-in/of-Class | Best-In-Class Best-in-Universe |
| ESG-Integration | Yes Our general ESG policy applies to all assets with different levels of ESG integration described in the policy: https://en.sycomore-am.com/610aa29f-1._ESG_integration_policy_SPICE_Sycomore_AM_July_2021_Vfinal_ENG.pdf |
| Norm-based screening |
UN Global Compact
ILO core labour standards
OECD Guidelines for Multinational Enterprises
Implementation of TCFD
|
| Themes |
Social projects
SDGs
Sycomore Shared Growth overweights companies that offer solutions to the major global societal challenges and integrate this quest for a positive impact into their strategy, in order to deliver profitable and sustainable growth. The fund aims to outperform the Euro Stoxx Total Return through a socially responsible investment process. The investment universe consists of all listed stocks in continental Europe
with no company size constraints.
|
| Impact Investing |
Social
Even if the sub-fund is having a clear focus on a "social thematic", the impact is measured and monitored on the 3 pillars (E,S, G) and even on human rights, as the fund managers monitors closely the following impact KPIs :
- On the environment pillar: Net Environmental Contribution (NEC) indicator aims to determine the contribution of the activities of a company to the ecological transition, with a rating from -100% to +100% depending of the negative or positive impact of its activities on the environment.
- On the social pillar: workforce growth over three years.
- On the governance pillar: percentage of women in key management roles.
- On human rights: percentage of companies with commitment to respecting human rights (disclosure of a Human Rights Policy).
The above ESG indicators selection aims at having a better result on at least two indicators compared to the Sub-fund’s benchmark.
|
| Further information on the sustainability approach | Sycomore's sustainable approach consists of a number of formalized strategies covering specific corners: > Human Capital Strategy: https://en.sycomore-am.com/5b9248e2-Human_Capital_Strategy.PDF ; > Natural Capital Strategy: https://en.sycomore-am.com/6007df78-Natural_Capital_Strategy_July_2020-FINAL.pdf > Societal Capital Strategy: https://en.sycomore-am.com/5ffec6e6-Societal_Strategy_FINAL.pdf ; >Human Right Policy : https://en.sycomore-am.com/5fe1d50d-> Sycomore_AM_s_Human_Rights_Commitment_FINAL.pdf > SRI Exclusion policy: https://en.sycomore-am.com/623d72f1-2022_03_24_Sycomore_AM_-_Exclusion_policy_2022.pdf Link to sustainability approach |
Research and Transparency
| In-house sustainability analysis | Yes, 25 including 9 SRI specialists |
|---|---|
| Research partners | Yes ISS, MSCI, Trucost, iCare&Consult, Quantis, Vigeo |
| Percentage of portfolio with sustainability analysis | 100 % |
| Strategically important suppliers included | Yes |
| Sustainability advisory committee | No |
| Analysis of portfolio CO2 | Yes, backward-looking indicator Sycomore uses the Net Environmental Contribution |
| Sustainability reporting | Yes https://en.sycomore-am.com/files/documents/shared_documents/Article173/sycomore_shared_growth_en.pdf |
| At least monthly portfolio publication | Yes Link to monthly portfolio publication |
| Certification/Label awarded by independent auditors |
Label ISR
Austrian Ecolabel
Other
Towards sustainability
|
Environmental
Exclusion of sectors / areas of business – companies
| Fossil fuels (Coal, Oil and Gas) | Yes 5 % Turnover threshold |
|---|---|
| Nuclear power (operation and components) | Yes 5 % Turnover threshold |
| Green genetic engineering | Yes 5 % Turnover threshold |
| Chlorine and agrochemicals (biocides) | Yes 10 % Turnover threshold |
| Other | Pesticides, coal, energy generation with high carbon intensity 5 % Turnover threshold |
Exclusion of business practices – companies
| Environmentally damaging behaviour | Yes |
|---|---|
| Damage to biodiversity | Yes |
| Other | - |
Exclusion criteria – countries
| Non-ratification of the Paris Climate Agreement | Yes |
|---|---|
| Non-ratification of the Protocol on Biosafety | N/A |
| Non-ratification of the UN Biodiversity Convention | Yes |
| Nuclear power by proportion of gross energy production | N/A |
| Other | - |
Social
Exclusion of sectors / areas of business – companies
| Weapons/Armaments | Yes 5 % Turnover threshold |
|---|---|
| Cluster bombs and anti-personnel mines | Yes |
| Weapons of mass destruction (ABC/CBRN) | Yes |
| Tobacco products | Yes 5 % Turnover threshold |
| Pornography | Yes 5 % Turnover threshold |
| Spirits/Alcohol | No |
| Gambling | No |
| Other | - |
Exclusion of business practices – companies
| Labour rights (ILO core labour standards) | Yes |
|---|---|
| Exploitative child labour | Yes |
| Violation of human rights | Yes |
| Animal testing | No |
| Other | - |
Exclusion criteria – countries
| Labour rights | N/A |
|---|---|
| Violation of human rights | N/A |
| Military spending as a percentage of GDP | N/A |
| Death penalty, torture | N/A |
| Countries classified by Freedom House as not free | Yes |
| Violations of the Nuclear Non-Proliferation Treaty | Yes |
| Violations of other non-proliferation treaties | N/A |
| Other | - |
Governance
Exclusion of business practices – companies
| Corruption and bribery | Yes |
|---|---|
| Tax: planned avoidance & detected violations | N/A |
| Other | - |
Exclusion criteria – countries
| Corruption | N/A |
|---|---|
| Other | - |
More on data availability
-
EU Taxonomy
It is possible that reported KPIs for taxonomy eligibility and alignment (being limited to corporate issuers / including only selected economic activities) are low or that KPIs cannot be reported due to limited data availability. Data may be available with a time lag. Data comparability may be limited due to differences in the scope of the economic activities considered. As soon as data is available in sufficient quantity and quality, it will be published in accordance with regulatory requirements.
Quelle: Unternehmensangaben. | Für die Angaben der Unternehmen kann keine Haftung übernommen werden. Die Angaben dienen nur zur Information und stellen keine Beratung oder Empfehlung dar. Bitte beachten Sie den Haftungsausschluss unter www.forum-ng.org/disclaimer. Das FNG-Nachhaltigkeitsprofil bietet nur einen ersten Überblick und ist kein Ersatz für eine eigenständige Analyse. Weiterführende Erläuterungen finden Sie unter www.forum-ng.org
FNG-Sustainability profiles disclaimer
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