Carbon Footprint 2018

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.}

This is a marketing communication. The data and information contained herein are provided for information purposes only and do not constitute investment recommendations. This communication is not, and may not be regarded as, an information document required under applicable legislation, and its content is not sufficient to form the basis of an investment decision.

This communication does not take into account in any way the characteristics of any person who may receive or become aware of it. In particular, it does not take into account their investment objectives, knowledge and experience in investment matters, risk appetite and/or any other characteristics, including the applicable tax regime.

Past performance is not indicative of future results, and investments in funds are subject to risks relating to the underlying assets, which may affect the value of the relevant units. Etica SGR provides no guarantee of returns and does not guarantee the repayment of the capital invested. The SGR accepts no liability for any losses that may arise from the use of the information provided in this communication.

In order to make an informed investment decision, before making any final investment decision, investors should consult the Key Information Document (KID) and the funds’ Prospectus available at www.eticasgr.com.

The placement of the “Linea Valori Responsabili” and “Linea Futuri Responsabili” funds is only available in Italy. For further information, please refer to the Italian version of the website.