Sustainable investment in accordance with ESG factors
In a changing (financial) world, the topic of sustainable investment is becoming relevant to more and more investors. Investment in accordance with ESG (environment, social and governance) factors is more than pure philanthropy for us. It is based on the assessment of return prospects and takes account, for example, of regulatory conditions such as the Paris Agreement on climate protection and the UN’s Sustainable Development Goals.
Alignment of investment in accordance with ESG criteria
With an investment volume of more than €1 billion, our investment is a significant lever for sustainable management. The ESG criteria for the selection of investments supplement the traditional criteria of security, return and liquidity.
In order to analyse the sustainability of investment, for example, the topic of socially responsible investing is considered. Investments in companies whose main activities are in alcohol, weapons, gambling, nuclear power, tobacco or genetic engineering are excluded. In addition, the intensity of CO2 emissions, for example, is factored into the investment decision within the equity portfolio.
Awareness of sustainability starts at home. That is why, for us, corporate responsibility extends to many areas: from sustainable investment products to the use of resources to a respectful management culture and social engagement. PrismaLife’s social engagement is supported by its employees and their ideas.
Numerous projects have already emerged from the employee team’s initial ideas.
PrismaLife: above‐average sustainability
In 2018, with its partner Unigestion, PrismaLife evaluated the assets in the cover pool according to ESG criteria and then restructured the portfolio. Our aim was the highest possible ESG standard without disadvantages for security, return or liquidity.
Our cover pool’s Sustainalytics ESG score as of 31 December 2018 was 73.3% and thus above average. The ESG ratings specialist Sustainalytics calculates and checks ESG scores. The score reflects the extent to which a portfolio meets sustainability criteria. The rules of the UN Principles for Responsible Investments (UN PRI) are taken as the basis for this.
From Liechtenstein for Liechtenstein:
PrismaLife is connected to the country of Liechtenstein. The company wants to give back to the people of Liechtenstein by donating to regional organisations. Additional measures, including for young people, are planned.