Our involvement in sustainable initiatives
Collaborative engagement is one of our major concerns. We are committed to working with international players to promote sustainable investment.
SCOR Investment Partners has been a signatory to the Principles for Responsible Investment (PRI) since December 13, 2016 and works to promote more sustainable investment practices.
The PRI is a major collective initiative that aims to promote responsible investing among investors and asset managers.
As a signatory, SCOR Investment Partners has committed to the following six principles:
- take ESG issues into account in investment analysis and decision-making;
- be an active investor and take ESG issues into account in shareholder policies and practices;
- ask the entities in which SCOR Investment Partners invests to publish appropriate information about ESG issues;
- foster the acceptance and application of the PRI among other asset managers;
- work together to increase efficiency in the application of the PRI;
- report individually on SCOR IP's activities and progress in the application of the PRI.
For more information on the United Nations' Principles for Responsible Investment (PRI): www.unpri.org
In 2021, SCOR Investment Partners became a member of the Sustainability Accounting Standard Board.
SASB Standards guide the disclosure of financially material sustainability information.
Available for 77 industries, SASB identifies the subset of environmental, social, and governance (ESG) issues most relevant to financial performance in each industry.
In 2022, SASB Standards was integrated in the IFRS foundation, a global nonprofit organization which oversees the implementation of financial and extra-financial reporting standards.
Its main objectives include the development and promotion of International Financial Reporting Standards, through the International Accounting Standards Board (IASB) for accounting standards, and the International Sustainability Standards Board for sustainability-related standards.
Since October 2021, SCOR Investment Partners is a member of the IFD (Institut de la Finance Durable) whose objective is to promote sustainable solutions within the financial sector.
Created in October 2022, the IFD is the new name of Finance For Tomorrow, an initiative launched in 2016 by Paris Europlace to bring together private, public and institutional financial players in the Paris financial center.
Within the organization, SCOR Investment Partners belongs to a taskforce linked to Biodiversity.
In June 2021, SCOR Investment Partners became a founding member of the “Investors for a Just Transition” coalition launched in by Finance for Tomorrow (which became the IFD).
The coalition has three main objectives:
- encourage companies to integrate Just Transition concepts into environmental strategies through dialogue;
- promote best practices in the sectors who are the most vulnerable to the environmental transition;
- facilitate collaboration between investors and businesses.
Within this coalition, SCOR Investment Partners is a member of a working group dedicated to food and agriculture related sectors.
SCOR Investment Partners has been a member of Circolab - Laboratoire de l'Economie Circulaire association since 2019.
Circolab is a community of actors of the real estate sector that works for the development of the circular economy.
The main topic addressed is the reduction of raw material consumption, through the reuse of materials, repair, or the extension of the life span of materials when possible.
Circolab seeks to mobilize real estate industry players to stimulate innovation and develops tools to support its members in the implementation of best practices.
At SCOR Investment Partners, we systematically implement these principles for our real estate assets.
In September 2023, SCOR Investment Partners became an active member of France Invest, the French Association of Investors for Growth.
France Invest is a professional organisation which brings together more than 400 French management companies and nearly 180 advisory firms.
It promotes the work carried out by its members in supporting unlisted companies, in favour of job creation and the transition to more sustainable and fairer growth.