Our investment approach
Responsible yield
Within the investment department of Erste Asset Management, a team of several experts focuses exclusively on the question of sustainable investments. The investment process of Erste Asset Management is a so-called “integrative” approach that includes positive and exclusion criteria, engagement, and the best-in-class method. The core of this process is the ESG analysis, which refers to environmental, social, and (corporate) governance aspects.
Our selection process
Companies that we invest in have to meet a number of criteria. Nuclear power and arms production and trade constitute the most important exclusion criteria. Companies are also immediately divested from the fund in proven cases of corruption or child labour.
Companies that were admitted into the investment universe are managed according to a clearly structured approach and in cooperation with numerous internal and external specialists. An ethics advisory board, specifically set up for this purpose, appraises whether investments do in fact comply with sustainable criteria.
Active ownership: engagement and voting
Our sustainable activities go beyond the scope of investments in responsible companies. The active protection of owner interests is an integral part of our investment approach. We engage in dialogue with companies that we invest in or that qualify for investments. We request information via letters, conference calls, and company visits, and frequently demand improvements. These activities are called engagement. We also attend general shareholder meetings, where we vote. This approach aims at motivating companies that we invest in to engage in more sustainable business practices.
ERSTE RESPONSIBLE RETURN - The ESGenius Letter
Our responsibility magazine ERSTE RESPONSIBLE RETURN - The ESGenius Letter discusses topics that are both controversial and up-to-date and informs about our responsible funds.