  {"id":28913,"date":"2019-04-15T11:04:26","date_gmt":"2019-04-15T09:04:26","guid":{"rendered":"https:\/\/www.eticasgr.com\/?p=28913"},"modified":"2023-07-21T14:08:33","modified_gmt":"2023-07-21T12:08:33","slug":"carbon-footprint-2018-of-the-equity-investments-of-the-etica-sgr-funds","status":"publish","type":"post","link":"https:\/\/www.eticasgr.com\/en\/storie\/insights\/carbon-footprint-2018-of-the-equity-investments-of-the-etica-sgr-funds","title":{"rendered":"Carbon Footprint 2018"},"content":{"rendered":"<p>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 <a href=\"https:\/\/www.eticasgr.com\/en\/responsible-investment\/selection-of-securities\"><strong>analysis<\/strong><\/a> of securities.<\/p>\n<h2>The environmental impact of our investments<\/h2>\n<p>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 <a href=\"http:\/\/montrealpledge.org\/signatories\/\">Montr\u00e9al Carbon Pledge<\/a> beginning in 2015, focusing attention on the environmental aspects of our sustainable and responsible investments.<\/p>\n<h2>Carbon footprint 2018<\/h2>\n<p style=\"text-align: center;\"><span style=\"color: #003087;\"><strong><span style=\"font-size: 50px;\">290<\/span><\/strong><\/span><strong> tons of CO<sub>2<\/sub>e<\/strong><span style=\"color: #003087;\"><strong><span style=\"font-size: 50px;\"><span style=\"color: #ffcc00;\">&nbsp; &nbsp;\u21e8<\/span><\/span><span style=\"font-size: 50px;\"><span style=\"color: #ffcc00;\">&nbsp; &nbsp;<\/span>-70%<\/span> <\/strong><\/span><strong>compared with the benchmark<\/strong><\/p>\n<hr>\n<p style=\"text-align: left;\"><strong><span style=\"font-size: 50px;\"><img class=\"wp-image-12897 size-medium alignright lazyload\" data-src=\"https:\/\/www.eticasgr.it\/wp-content\/uploads\/2018\/10\/footprint-264x300.png\" alt=\"\" width=\"40%\"><span style=\"color: #003087;\">65%&nbsp;<\/span><\/span><\/strong>Companies in the portfolio of Etica Sgr funds that have undertaken to <strong>develop products and services to reduce GHG emissions<\/strong>.<\/p>\n<p style=\"text-align: left;\"><strong><span style=\"font-size: 50px;\"><span style=\"color: #003087;\">85%<\/span>&nbsp;<\/span><\/strong>Companies in the portfolio of Etica Sgr funds that have set themselves <strong>emissions reduction targets<\/strong>.<\/p>\n<p style=\"text-align: left;\"><span style=\"font-size: 50px;\"><span style=\"color: #003087;\"><strong>84%<\/strong><\/span>&nbsp;<\/span>Companies in the portfolio of Etica Sgr funds that have reported a <strong>reduction in GHG emissions<\/strong>. Company initiatives to reduce CO<sub>2<\/sub> emissions have<br \/>\nbrought about savings of <strong>16,841 tons CO<sub>2<\/sub>e<\/strong>. This is equivalent to the quantity of CO<sub>2<\/sub><br \/>\nabsorbed each year by a <strong>forest of 80 sq. km<\/strong>.<\/p>\n<p><sup>*CO<sub>2&nbsp;<\/sub>e (CO<sub>2&nbsp;<\/sub>&nbsp;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 CO<sub>2<\/sub> necessary to produce the same climate change effect. This allows us to compare different gases by considering their contribution to the greenhouse effect. The CO<sub>2<\/sub>e calculation depends on the conversion factors used.<\/sup><br \/>\n\r\n\r\n  <p class=\"p1\">Before subscribing, please read the\u00a0<span class=\"s1\">KIDs and Prospectus<\/span>\u00a0available from placing agents.<\/p>\n<p class=\"p1\">The placement of the &#8220;Linea Valori Responsabili&#8221; and &#8220;Linea Futuri Responsabili&#8221; funds is only available in Italy. For further information, please refer to the <a href=\"https:\/\/www.eticasgr.com\/clienti-privati\"><span class=\"s1\">Italian version of the website<\/span><\/a>.<\/p>\n<p>&nbsp;<\/p>\n\r\n\n","protected":false},"excerpt":{"rendered":"<p>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 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":24445,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[590],"tags":[37529,22640],"yst_prominent_words":[5302,10901,10895,8685,8683,10899,10894,8686,10898,10893,10897,10892,13380,10900,8684,8682,10896,10891,13379,13378],"class_list":["post-28913","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-insights","tag-carbon-footprint-en","tag-carbon-footprint-report","temi-environment"],"_links":{"self":[{"href":"https:\/\/www.eticasgr.com\/en\/wp-json\/wp\/v2\/posts\/28913"}],"collection":[{"href":"https:\/\/www.eticasgr.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.eticasgr.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.eticasgr.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.eticasgr.com\/en\/wp-json\/wp\/v2\/comments?post=28913"}],"version-history":[{"count":4,"href":"https:\/\/www.eticasgr.com\/en\/wp-json\/wp\/v2\/posts\/28913\/revisions"}],"predecessor-version":[{"id":47423,"href":"https:\/\/www.eticasgr.com\/en\/wp-json\/wp\/v2\/posts\/28913\/revisions\/47423"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.eticasgr.com\/en\/wp-json\/wp\/v2\/media\/24445"}],"wp:attachment":[{"href":"https:\/\/www.eticasgr.com\/en\/wp-json\/wp\/v2\/media?parent=28913"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.eticasgr.com\/en\/wp-json\/wp\/v2\/categories?post=28913"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.eticasgr.com\/en\/wp-json\/wp\/v2\/tags?post=28913"},{"taxonomy":"yst_prominent_words","embeddable":true,"href":"https:\/\/www.eticasgr.com\/en\/wp-json\/wp\/v2\/yst_prominent_words?post=28913"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}