The carbon footprint is a calculation of the climate change gases emitted by a product, organization or individual. We use this rigorous assessment of sustainability to give us an accurate measure of the environmental impact of our investments, which is taken into account during our analysis of securities.
The environmental impact of our investments
Etica Sgr made a commitment to measuring and reporting the emissions of its equity portfolio through a calculation of its carbon footprint with the signing of the Montréal Carbon Pledge beginning in 2015, focusing attention on the environmental aspects of our sustainable and responsible investments.
Carbon footprint 2018
290 tons of CO2e ⇨ -70% compared with the benchmark
65% Companies in the portfolio of Etica Sgr funds that have undertaken to develop products and services to reduce GHG emissions.
85% Companies in the portfolio of Etica Sgr funds that have set themselves emissions reduction targets.
84% Companies in the portfolio of Etica Sgr funds that have reported a reduction in GHG emissions. Company initiatives to reduce CO2 emissions have
brought about savings of 16,841 tons CO2e. This is equivalent to the quantity of CO2
absorbed each year by a forest of 80 sq. km.
*CO2 e (CO2 equivalents) is the standard unit of measurement for the carbon footprint of any greenhouse gas (including methane, ozone and nitrous oxides) in terms of the quantity of CO2 necessary to produce the same climate change effect. This allows us to compare different gases by considering their contribution to the greenhouse effect. The CO2e calculation depends on the conversion factors used.
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The placement of the “Linea Valori Responsabili” and “Linea Futuri Sostenibili” funds is only available in Italy. For further information, please refer to the Italian version of the website.
15 April 2019Environment Carbon Footprint Carbon Footprint report