Origin of the approachAs early as 2005, ERAFP’s board of directors decided to implement an investment policy that consistently and permanently factored in the pursuit of the public interest. This led to the adoption in 2006 of an SRI Charter that specifies the orientations, vehicles and resources needed to apply this socially responsible investment policy.
The five values of the Charter
- Rule of law and human rights
- Social progress
- Social democracy
- The environment
- Good governance and transparency
In 2012, this process was supplemented by the adoption of shareholder engagement guidelines.
While ERAFP's approach is now well established and recognised, it now needs to show evidence of:
- its positive impact on the environment and society in general,
- and its efficiency in protecting ERAFP, at least partly, against risks related to climate change.
- 2005 Decision to invest all assets according to a SRI approach
- 2006 Signatory of the Principles for Responsible Investment (PRI), Adoption of the SRI Charter
- 2007 Adoption of the SRI rating framework
- 2009 First adjustments to the SRI rating framework
- 2011 Pursuit of investment diversification, notably into small and mid-cap listed companies
- 2012 Adoption of shareholder engagement guidelines which include a voting policy on corporate governance
- 2013 Participation at international initiatives
- 2014 Publication of carbon footprint’s ERAFP’s equity portfolio
- 2015 ERAFP joins the Portfolio Decarbonization Coalition
- 2016 Publication of new ERAFP SRI charter