Responsible Investment Universe

 

The definition of our investment universe is the corner stone in building our funds.

Through a series of strict criteria, we filter those companies that we include or exclude.

The following list is an excerpt of the changes.

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​  Admitted October/November 2014

 

Deutsche Telekom AG (sector: Integrated Telecommunication Services) is one of Europe’s biggest

telecommunication companies.

 

​   Extensive measures aimed at supporting suppliers in their efforts to implement health and safety standards

​   Comprehensive initiatives to reduce the digital divide

​   Lapse of the exclusion criterion “infringement with labour law”

​   In spite of the successful reduction of CO2 emissions, energy consumption has increased in the past years

​   Low transparency of the programmes aimed at the reduction of dangerous materials in end-user

equipment and telecommunication infrastructure

 

Aéroports de Paris (sector: Airport Services) is an operator of numerous airports, especially the three big

passenger airports of Paris. Other areas are business services such as airport development, air transport related

services, and the leasing of retail and office space.

 

​   One of the most progressive frameworks to uncover and prevent corruption, developed in cooperation

with the NGO Transparency International

​   Comprehensive health and safety programmes that include not only the company’s own employees

and suppliers, but also third party firms like airlines and baggage handlers

​   Measures to reduce the distance covered on the ground by aircrafts

​   High share of renewable, largely self-generated, energy

​   Proactive dialogue with residents and customers with regard to the effects of the operation of airports

​   Little information on the way customer complaints and feedback are handled