The carbon footprint is a calculation of the direct and indirect emissions (Scope 1, Scope 2, Scope 3) generated by a product, organization or individual. We use this rigorous assessment of sustainability to give an accurate measure of the environmental impact of Etica investments Funds. Results of the carbon footprint analysis are taken into account in the whole investment process: from the analysis of issuers and securities to engagement with companies.
The environmental impact of our investments
In 2015 Etica signed the Montréal Carbon Pledge and made the public a commitment to measuring and reporting the emissions of its equity portfolio through a calculation of its carbon footprint, focusing attention on the environmental aspects of sustainable and responsible investments.
In 2020 Etica SGR extends the boundaries of the carbon footprint analysis covering all funds of Sistema Etica and all asset classes. Beyond that, Etica introduces new metrics recommended by the Task Force on Climate-related Financial Disclosures (TCFD).
Carbon footprint 2020
The Task Force on Climate-related Financial Disclosures (TCFD) aligned Report released by the company ISS ESG in relation to the positioning of Etica Sgr’s Linea Valori Responsabili Funds and Etica Impatto Clima Fund.