Four SCOR Investment Partners funds obtain the LuxFLAG label for their sustainable investment strategy

12/20/2021

Four SCOR Investment Partners funds obtain the LuxFLAG label

for their sustainable investment strategy

 

SCOR Investment Partners, the asset management company of the SCOR group, announces today that three of its investment vehicles have been awarded the LuxFLAG label and one has been awarded the LuxFLAG – Applicant label.

LuxFLAG supports the financing of sustainable development by providing clarity for investors through the award of labels and is one of the leading players in the industry. LuxFLAG’s goal is to embrace a number of core values, including responsibility, sustainability, independence and transparency.

Two funds have been awarded the LuxFLAG ESG label, certifying that the investment vehicles incorporate ESG criteria throughout the entire investment process and screen 100% of their portfolio:

  • The SCOR Sustainable Euro High Yield fund, classified as Article 8 under the EU Sustainable Finance Disclosure Regulation (SFDR), and benefitting from a reinforced sustainable investment process since February 8, 2021; and
  • The SCOR Sustainable Euro Loans fund, classified as Article 8 under SFDR, and benefitting from an innovative ESG scoring methodology since December 13, 2021.


In addition to this, two infrastructure loan funds have been awarded the LuxFLAG Environment label and the LuxFLAG Environment – Applicant label, certifying that the investment vehicles primarily invest their assets in environment-related sectors in a responsible manner:

  • The SCOR Infrastructure Loans III fund, which has completed its investment period and has exclusively invested in projects with positive environmental and social impacts. The fund had already been awarded the Greenfin label in 2017; and
  • The SCOR Infrastructure Loans IV fund, classified as Article 9 under SFDR and launched on October 13, 2021. This vehicle is the fourth generation of the asset manager’s senior infrastructure loans strategy and is currently in its fundraising phase, targeting EUR 1 billion of commitments. It will benefit from “Applicant” status for the LuxFLAG label while it remains in its investment phase.


Fabrice Rossary, Chief Executive Officer of SCOR Investment Partners, comments: “These external certifications validate the pertinence of our sustainable investment processes and represent a key milestone for us. 2021 has been a turning point in the enhancement of our ESG practices, with the revamping of our main high yield and corporate loans funds, and the launch of the new vintage of our senior infrastructure loans strategy. The variety of the labels obtained today further demonstrates our commitment to financing the sustainable development of societies, together.”

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For more information, please contact Nadège Picharles, Head of Marketing, +33 1 53 64 65 23, npicharles@scor.com

About SCOR Investment Partners

SCOR Investment Partners: financing the sustainable development of societies, together.

SCOR Investment Partners is the asset management company of the SCOR Group. Created in 2008 and accredited by the Autorité des marchés financiers, the French financial market regulatory body, in May 2009 (no. GP09000006), SCOR Investment Partners has more than 80 employees and is structured around six management desks: Fixed Income, Corporate Loans, Infrastructure Loans, Real Estate, Insurance-Linked Securities and Fund Selection. Since 2012, SCOR Investment Partners has given institutional investors access to some of the investment strategies developed for the SCOR Group. Assets managed for outside investors totaled EUR 5.3 billion as of September 30, 2021. As of that same date, SCOR Investment Partners had total assets under management of EUR 17.7 billion (including SCOR Investment Partners UK Ltd’s AUM and undrawn commitments).

Visit the SCOR Investment Partners website at: www.scor-ip.com

 

Document intended exclusively for journalists and professionals of the press and media. This press release is produced for informational purposes only and should not be construed as an offer, solicitation, invitation or recommendation to purchase any service or investment product. SCOR Investment Partners SE accepts no responsibility, direct or indirect, which may result from the use of the information contained in this document. SCOR Investment Partners SE can in no way be held responsible for any decision, whatever it may be, taken on the basis of this information.

Contact

Nadège Picharles
Tel:+33 1 53 64 65 23
Email: npicharles@scor.com