SCOR Investment Partners enhances its corporate loans sustainable investment process
SCOR Investment Partners, the asset management company of the SCOR group, announces today that its flagship corporate loans fund, SCOR Euro Loans, becomes SCOR Sustainable Euro Loans.
SCOR Sustainable Euro Loans fund is classified as Article 8 under the EU Sustainable Finance Disclosure Regulation and benefits from an innovative sustainable investment strategy.
SCOR Investment Partners leverages on its methodological partnerships with the Sustainability Accounting Standard Board and Finance for Tomorrow to reach a 100% ESG coverage of its fund’s assets. Based on a proprietary ESG framework fully embedded within the corporate loan investment process, the sustainable strategy reinforces fundamental credit analysis and has a clear objective of substantially overperforming the fund’s investment universe. Combined with SCOR Investment Partners’ exclusion policy, ESG scoring enables a best-in-class selection process.
This approach aims to help investees reach state-of-the-art sustainable practices through the combination of a corporate dialogue with issuers and an internal controversy analysis.
This marks the second step of the deployment of reinforced sustainable investment processes within SCOR Investment Partners’ flagship credit strategies, following the SCOR Sustainable Euro High Yield fund, effective since February 2021.
Fabrice Rossary, Chief Executive Officer of SCOR Investment Partners, comments: “The revamping of our flagship corporate loans fund comes on the back of significant research undertaken by our portfolio management team and by the sustainable investment office. Our new investment process is a breakthrough in the asset class, where external ESG data coverage is very low, and access to reliable information remains a challenge. This is a new milestone in our journey to finance the sustainable development of society together. Stay tuned, more will come in 2022.”