Swisscanto Invest by Zürcher Kantonalbank is a pioneer in the area of sustainable investments. In 2009, Zürcher Kantonalbank was one of the first full-service banks in Europe to sign the six United Nations' Principles for Responsible Investment (PRI). It is thereby reiterating its conviction that the integration of Environmental, Social and Governance themes in investment decisions and active shareholder relations is a prerequisite for fiduciary responsibility in asset management.
For us, sustainability does not begin merely with explicitly sustainable funds; rather it is firmly established in our asset management.
We maintain continuous dialogue with companies' management. We are also engaged through the UN PRI Collaboration Platform and various investor initiatives. Actively exercising our voting rights also allows us to create added value in the interests of our investors. This is an integral part of our investment policy. The exercise of voting rights is based on Swiss and international corporate governance regulations as well as the United Nations' Principles for Responsible Investment (UN PRI) which, together, provide a comprehensive package of environmental, social and corporate governance standards regarding the decision-making process. We publish our voting policy transparently. Please read the details about our . exercising of voting rights
Investments in actively-managed investment products exclude defence companies which, according to international agreements, produce prohibited weapons or violate Swiss sanctions. Swisscanto Invest's blacklist comprises manufacturers of cluster bombs/ammunition, anti-personnel land mines, biological and chemical weapons, small and light arms, military ammunition and explosives and nuclear warheads.
Swisscanto Invest consistently integrates ESG factors (E: environmental, S: social, G: governance) in the fundamental investment process of all actively managed equity products. This identifies substantive risks that have not yet been priced into the valuation and brings another dimension to conventional financial analysis.
We use data from the three aspects of the environment (E), society (S) and corporate governance (G) – the ESG criteria – to report on the degree of sustainability of all of our funds, as well as third-party funds. The funds are divided into sustainability classes from A (highest level) to G (lowest level). This gives customers an indication of how the issue of sustainability is reflected in their investment portfolios.
An external, independent Sustainability Advisory Committee monitors our sustainable investment products, in particular their integration of environmental, social and governance aspects, and our complex sustainable investment processes. The advisory committee is comprised of the following members:
By signing the "European Transparency Code for Sustainability Funds", we, as a Swiss fund manager, confirm our commitment to maintaining transparency towards investors. Eurosif is a union of the national professional associations for sustainable investments at the European level.
The six Principles for Responsible Investment supported by the United Nations are environmental, social and governance criteria relevant to the financial market. Zürcher Kantonalbank was one of the first full-service banks in Europe to sign these six Principles for Responsible Investment (PRI) in 2009.
Zürcher Kantonalbank has been a signatory of the Carbon Disclosure Project (CDP) since 2005. The CDP is a non-profit organisation aimed at creating greater transparency with regard to climate-destructive greenhouse gas emissions.
Established in 2014, SSF's mission is to make Switzerland one of the leading centres for sustainable finance. Zürcher Kantonalbank has been a member of Swiss Sustainable Finance since 2015.
Zürcher Kantonalbank is a partner of the Centre for Corporate Responsibility and Sustainability (CCRS) at the University of Zurich and supports the research areas of "Sustainable Real Estate", "Financial Performance" and "Sustainable Corporate Management".
In 2015, Zürcher Kantonalbank was the first Swiss bank to sign the Montréal Carbon Pledge, an investor initiative committed to disclosing the carbon footprint of our equity funds.
Swisscanto Invest has been taking into account the results of the Access to Medicine Index since 2017. This index transparently shows pharmaceutical companies that promote access to medicines.