Allianz Global Investors, a leading global active investment manager has received an A+ for its overarching approach to ESG Strategy and Governance for the second year in a row.
The annual Assessment Report from the PRI Association (‘Principles for Responsible Investment’) looks at how signatories are progressing in incorporating ESG factors into investment decisions, and aims to provide feedback to signatories to support the ongoing development of their ESG credentials.
AllianzGI achieved an ‘A’ score across all modules and the highest possible, ‘A+’ score for Strategy & Governance. This category encompasses AllianzGI’s ESG policies, objectives, memberships of various organisations and considers how the firm promotes ESG efforts internally and externally. Additionally, we received an A+ for the Infrastructure Equity module, which is a great achievement considering we reported on it for the first time this year.
|Module Name||AllianzGI score 2018||Median score 2018 (all signatories)|
|Strategy & Governance||A+||A|
|Listed Equity - Incorporation||A||B|
|Listed Equity - Active Ownership||A||B|
|Fixed Income - SSA||A||B|
|Fixed Income - Corporate Financial||A||B|
|Fixed Income - Corporate Non-Financial||A||B|
|Fixed Income - Securitised||A||C|
|The PRI Assessment Report aims to provide feedback to AllianzGI as PRI signatory to support ongoing learning and development. The report presents a comprehensive overview of the assessed modules AllianzGI reported on and compares the respective AllianzGI performance to the peer group. Each module score ranges from “A+” (highest score) to “E” (lowest score) and is calculated from a respective set of indicators grouped together in module specific sections. 2018 scores refer to reporting period January 2017 - December 2017|
Commenting on the results, Steffen Hoerter, Global Head of ESG at AllianzGI, said:
“This year we have strengthened our scores by - among others things - answering more voluntary questions and reporting on them externally, giving examples of where ESG issues have had an impact on investment decisions and by answering the module on Infrastructure Equity for the first time. It is great to see that these efforts have been recognized by the PRI.”
“We are convinced that ESG factors are important investment performance drivers that can only be realised fully through a truly active approach to asset management. Recognising the value that ESG factors can add to portfolios and to our clients, we are committed to integrating ESG factors into all investment decisions and across all asset classes on our global investment platform.”
AllianzGI, one of the investment management industry’s responsible investment pioneers, has been a signatory to the Principles for Responsible Investment (PRI) since 2007. PRI is one of the most important and powerful global initiatives in the area of responsible investing with more than 1,900 signatories from over 50 countries representing approximately USD 80 trillion.
More information on AllianzGI’s ESG approach, including the PRI Transparency Report 2018, can be found on our website.
Background information on the PRI Assessment
The PRI Assessment report, produced by PRI Association, is designed to provide feedback to signatories to support ongoing learning and development. Each module score ranges from “A+” (highest score) to “E” (lowest score). For more information on PRI please visit: www.unpri.org.
For further information please contact:
Alastair Fairbrother +44 (0)20 3246 7432
Sarah Einig +44 (0)20 3246 7846
About Allianz Global Investors:
Allianz Global Investors is a leading active asset manager with over 700 investment professionals* in 25 offices worldwide and managing more than EUR 500 billion in assets for individuals, families and institutions.
Active is the most important word in our vocabulary. Active is how we create and share value with clients. We believe in solving, not selling, and in adding value beyond pure economic gain. We invest for the long term, employing our innovative investment expertise and global resources. Our goal is to ensure a superior experience for our clients, wherever they are based and whatever their investment needs.
Active is: Allianz Global Investors
Data as at 31 March 2018 (*as at 31 December 2017).
New research by Allianz Global Investors, one of the world’s leading active investment managers has found that avoiding environmental, social and governance (ESG) tail risks is a more effective strategy to help generate alpha over a full market cycle, than tilting a portfolio towards top ESG ratings.
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