In terms of sustainable implementation, we distinguish between the global and the Swiss equity part.
The global equity part of our sustainable strategies is implemented with sustainable ETFs and index funds based on the MSCI Socially Responsible and the MSCI ESG Leaders Indices. Sustainability is taken into account in various ways:
- First, certain industries are completely excluded. These include alcohol, gambling, tobacco, eroticism, nuclear power, military weapons, civil firearms and genetically modified organisms.
- All remaining industries are then analyzed and evaluated in the second step in the environmental, social and corporate governance (ESG for environment, social and governance) areas. The resulting ESG rating ranges from CCC to AAA. A "good" or at least an A must be achieved in order to be included in the index.
- Third, it is also examined whether a company has been subject of controversy (e.g. human rights violations or causing serious environmental damage). Companies with a score of four or higher (on a ten-point scale) are also excluded.
Finally, the best-in-class approach means that in each industry, companies with the best ESG rating are considered first and included in the Index. This happens until 25% (50% in the case of the MSCI ESG Leaders indices) of the market capitalization of the respective industry is reached.
For the Swiss equity component, we rely on the SPI ESG. The SPI ESG excludes companies with an ESG impact rating lower than C+. It also excludes companies that generate more than 5% of their sales in a critical sector (including alcohol, defense, gambling, genetic engineering, nuclear energy, coal and tobacco). The fund also does not invest in companies recommended for exclusion by the Swiss Association for Responsible Investment (SVVK).
PS: By the way, all of our chosen strategies already have a lasting impact. On the one hand, this is due to the fact that we avoid the senseless sending of millions of pages of paper and, on the other hand, we have a tree planted for each VIAC client. These are already over 30'000 trees with which we help to slow down climate change and achieve a real impact: day by day.