Responsible investment

Our ethical mutual funds let you add value to your savings while respecting the environment and human rights, investing in the real economy and encouraging businesses and countries to adopt virtuous practices.

Selection of securities

The selection of equities and bonds for Etica Sgr’s funds follows a rigorous proprietary methodology. Each security included in the Investable Universe must pass a twin screening process: the application of negative exclusion criteria to rule out certain sectors or activities and positive evaluation criteria based on sustainability. The work of our ESG Analysis and Research Team is broadened by in-depth investigations depending on the particular contingencies of daily events.

Engagement by Etica Sgr
Engagement di Etica Sgr

By engaging with the companies in which our funds invest we set out to urge them to adopt sustainable and responsible practices in the medium-long term. Engagement is through dialogue with management and the exercise of voting rights attached to our shareholdings in capital. In its role as shareholder Etica Sgr takes an active part in the shareholders’ meetings of the firms in which its funds invest on a series of environmental, social and governance issues and priorities.

Our impact
Impatto di Etica Sgr

The impact of Etica Sgr manifests itself in two phases. The first is an ex ante impact regarding the choice of clients to devolve 0.1% of their invested capital (1 euro every 1000) in favour of an Etica Sgr fund that guarantees microfinance projects and crowdfunding initiatives in Italy selected and managed by Banca Etica. The second is an ex-post impact consisting in the drafting of the Impact Report, the document that effectively measures the impact of our work in screening securities and engagement with the firms in which our funds invest.

ESG risk
Rischio ESG

ESG Risk is a proprietary methodology that calculates the risk deriving from Environmental, Social and Governance factors to measure the impact on the performance of securities in a mutual fund. This metric calculates risk ascribable to ESG problems that impact the securities in a mutual fund.

CSR and Integrated Financial Statements
CSR e Bilancio Integrato di Etica Sgr

Corporate social responsibility is a founding principle that sets apart, not only our organizational structure and activities, but also the way we relate with all our stakeholders. Our efforts are geared to achieving measurable results, which we publish in a series of periodical reports.