Results of the approach

ERAFP ensures that its investments are consistent with its SRI principles by:

  • maintaining ongoing dialogue with its asset managers, with each manager's investment choices being discussed at regular management committee meetings.
  • using the services of Vigeo, which assesses the "SRI quality" of each component of ERAFP's asset portfolio on a quarterly basis: it calculates consolidated SRI ratings at the ERAFP portfolio level and compares them to those of benchmark indices representing the market average.

Below is a summary of Vigeo's assessments of the main components of ERAFP's portfolio at 31 December 2014. A more detailed breakdown of these results is available in the ERAFP Public Report.

Average SRI rating for the sovereign and similar bond portfolio compared with the average index rating at 31 december 2014


Source — Vigeo-Oekom


Average SRI rating for the local and regional authority bond portfolio compared with the average index rating at 31 december 2014


Source — Vigeo-Oekom


Average SRI rating for the corporate bond portfolio compared with the average index rating at 31 december 2014


Source — Vigeo


Euro-zone equity portfolio's average SRI rating relative to that of the index at 31 december 2014


Source — Vigeo


International equity portfolio's average SRI rating relative to that of the index


Source — Vigeo
Publications