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Promoting
equality and inclusion

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N. FUNDS WITH 5 STARS
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FUNDS INTERESTED IN THE TOPIC
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FUNDS ANALYZED

How Can I Take Action?

The stakes

It is essential, within Society, in order not to encounter serious obstacles to the common welfare, that equality and inclusion be firmly rooted. Thus arises, the need to promote a Society that is able to overcome all forms and kinds of gender inequality, where men and women have the same kind of opportunities and where diversity can become a value.

Promoting equality and inclusion means, therefore, being able to intervene for equal opportunity by implementing policies that have human rights treaties and core labor principles as their guide in order to make Society where merit is more important than gender and diversity.

The sustainability goals

Common fund objectives can also be combined with the promotion of equality andinclusion within Society through adherence to the most important international norms in the field (human rights, core labor principles, anti-corruption), or through projects directly dedicated to the abatement of inequality and equal opportunity (fair pay, combating violence against women, fighting poverty) so as to push toward an inclusive Society .

Management strategies

Sustainable investors use different management strategies:
The Exclusion Approach: Many funds approach the issue by excluding Society related to controversial subjects (alcohol, gambling, adult entertainment) or those that do not comply with human rights, labor rights, and child labor regulations.
The Thematic Approach: Some funds invest directly in issues related to equality, inclusion, and reducing inequality (microcredit, human capital enhancement, transportation, demographic trends).
The Normative Approach: Most funds make special reference to international treaties on human rights (Universal Declaration of Human Rights) and children's rights and the UN Convention on Corruption.

We have identified about 70 criteria that allow us to assess the importance of equality and inclusion in mutual fund management in our universe.

The most widely used approaches are Screening: exclusion (controversial subjects and non-compliance with human and labor rights) and normative (human rights and corruption) with still few cases of thematic funds focusing, instead, on theImpact they generate.

The adverse impacts

Gender equality is hindered by a range of abuses, social, economic and criminal. Establishing key indicators to measure discrimination of various kinds is therefore a key step in promoting inclusion and a culture of diversity.

The evaluation requirements on sustainable mutual funds are emblematic of a Society that seeks to remove the very first of injustices, that to women. The mandatory indicators are:

  • Inadequate gender pay gap:
    The difference between the average gross hourly wage of male employees compared to female employees expressed as a percentage.
  • Gender diversity in the board of directors.:
    The average ratio of female board members to male board members in the Society investees.

In addition to these, sustainable funds are optionally invited to measure:

  • Incidents of discrimination:
    The number of incidents of discrimination reported in the Society participated expressed as a weighted average.
  • CEO excessive pay ratio.:
    The average ratio, within the Society investees, between the total annual compensation of the highest-paid individual and the average total annual compensation of all employees (excluding the highest-paid individual).
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The 5 Most Profitable Sustainable Equity Funds Attentive to Inclusion and Gender Equality Issues :

type_name_en Classification instrument_id isin masterisin Fund Currency ESGAP class_type Theme Cod_impact Area ESG Intensity Performance RIschio Performance 6 months Performance 1 year Performance 3 years
Equity Emerging Markets Equity - Europe 80.640 LU0944739340 LU0944739340 East Capital Baltics SEK 4 Open-end mutual funds SDGS4 Society 5 5 2 14,36 14,30 76,70
Equity Emerging Markets Equity - Europe 19.846 LU0332316016 LU0332316016 east capital (lux) balkan EUR 5 Open-end mutual funds SDGS4 Society 5 5 4 9,83 11,70 78,62
Equity Italian equities 10.582 IT0004896541 IT0004896541 soul italy EUR 5 Open-end mutual funds SDGS4 Society 5 5 2 9,53 15,36 77,80
Equity Euro equities 83.651 LU2358922511 LU2358922511 Goldman Sachs Eurozone CORE Equity Portfolio Other Currency. USD 4 Open-end mutual funds SDGS4 Society 5 5 1 8,85 12,84 47,15
Equity International Equity - Growth 45.425 LU1218204631 LU1218204631 invesco global opportunities USD 4 Open-end mutual funds SDGS4 Society 5 5 1 -3,09 8,24 56,70
Equity Italian equities 12.344 LU0106239527 LU0106239527 schroder isf italian equity EUR 4 Open-end mutual funds SDGS4 Society 5 4 1 20,33 22,76 63,52
Equity Sectoral Equities - Precious Metals 4.625 FR0010664078 FR0010664078 edmond de rothschild am goldsphere EUR 3 Open-end mutual funds SDGS4 Society 5 4 1 18,80 49,58 41,57
Equity Sectoral Equities - Precious Metals 84.102 FR0007374145 FR0007374145 LCL ACTIONS OR MONDE EUR 4 Open-end mutual funds SDGS4 Society 5 4 1 17,83 44,21 35,40
Equity Euro equities 2.957 BE0948779229 BE0948779229 DPAM INVEST b equities emu behavioral value EUR 5 Open-end mutual funds SDGS4 Society 5 4 2 6,71 8,87 34,41
Equity Euro equities 83.669 LU1989412470 LU1989412470 Goldman Sachs Eurozone CORE Equity Portfolio Base. EUR 3 Open-end mutual funds SDGS4 Society 5 4 1 6,43 10,09 44,02


The 5 Most Profitable Bond Funds Attentive to Inclusion and Gender Equality Issues :

type_name_en Classification instrument_id isin masterisin Fund Currency ESGAP class_type Theme Cod_impact Area ESG Intensity Performance RIschio Performance 6 months Performance 1 year Performance 3 years
Bond Euro Bonds - High Yield 27.966 LU0823381016 LU0823381016 bnp paribas funds bond euro high yield EUR 5 Open-end mutual funds SDGS4 Society 5 5 2 2,63 9,44 17,93
Bond Euro Bonds - High Yield 13.965 LU0144746509 LU0144746509 candriam bonds euro high yield EUR 5 Open-end mutual funds SDGS4 Society 5 5 3 2,41 7,39 19,22
Bond Euro Bonds - High Yield 15.497 LU0195952261 LU0195952261 franklin templeton euro high yield EUR 5 Open-end mutual funds SDGS4 Society 5 5 3 2,33 7,70 17,32
Bond Euro Bonds - Short Term 4.075 FR0010157511 FR0010157511 amundi 12 - 24 m EUR 5 Open-end mutual funds SDGS4 Society 5 5 4 2,18 5,77 18,61
Bond Euro Bonds - High Yield 63.647 LU0115288721 LU0115288721 oddo bhf euro high yield bond EUR 5 Open-end mutual funds SDGS4 Society 5 5 3 2,03 6,64 17,74
Bond Absolute Return Obbligazionario Vol <5 30.240 LU0992631217 LU0992631217 Carmignac PF Flexible Bond EUR 5 Open-end mutual funds SDGS4 Society 5 4 4 3,44 6,92 13,93
Bond Subordinated Bonds 51.283 LU1883334515 LU1883334515 amundi funds global subordinated bond EUR 5 Open-end mutual funds SDGS4 Society 5 4 3 2,92 15,34 21,53
Bond Diversified Bonds 5.051 FR0011026707 FR0011026707 schelcher optimal income esg EUR 5 Open-end mutual funds SDGS4 Society 5 4 4 2,73 7,16 11,48
Bond Bonds Europe 18.551 LU0284393773 LU0284393773 DNCA Invest Credit Conviction EUR 5 Open-end mutual funds SDGS4 Society 5 4 4 2,54 8,34 15,47
Bond International Bonds - Corporate 86.917 FR0014005930 FR0014005930 Edmond de Rothschild Fund Corporate Hybrid Bonds EUR 5 Open-end mutual funds SDGS4 Society 5 4 4 2,44 9,94 12,48


The 5 most profitable sustainable ETFs attentive to issues related to inclusion and equality :

type_name_en Classification instrument_id isin masterisin Fund Currency ESGAP class_type Theme Cod_impact Area ESG Intensity Performance RIschio Performance 6 months Performance 1 year Performance 3 years
Equity International Equity 71.646 IE00BJQRDP39 IE00BJQRDP39 invesco quantitative strategies esg global equity multi-factor ucits etf EUR 5 Exchange Traded Fund SDGS4 Society 5 4 2 -3,55 5,76 32,80
Equity International Equity 73.034 LU2216829809 LU2216829809 amundi msci world catholic principles esg (dr) ucits etf USD 4 Exchange Traded Fund SDGS4 Society 5 4 1 -7,76 2,77 27,71
Equity European equities 62.325 LU1603795458 LU1603795458 indexiq factors sustainable europe equity EUR 4 Exchange Traded Fund SDGS4 Society 5 3 4 5,50 10,50 27,76
Equity Japan equities 62.323 LU1603797587 LU1603797587 indexiq factors sustainable japan equity EUR 3 Exchange Traded Fund SDGS4 Society 5 3 2 3,82 5,45 23,31
Equity Japan equities 78.907 IE00BMDBMV87 IE00BMDBMV87 Invesco MSCI Japan ESG Universal Screened UCITS ETF USD 4 Exchange Traded Fund SDGS4 Society 5 3 1 1,66 4,89 23,43
Equity European equities 66.443 IE00BG0NY640 IE00BG0NY640 invesco msci europe esg leaders catholic principles ucits etf EUR 4 Exchange Traded Fund SDGS4 Society 5 3 3 0,47 3,87 23,77
Equity International Equity 62.383 IE00BDR5H073 IE00BDR5H073 ubs (irl) global gender equality ucits etf EUR 4 Exchange Traded Fund SDGS4 Society 5 3 4 -2,52 7,69 19,47
Equity European equities 66.416 LU1861137484 LU1861137484 amundi etf msci europe sri pab ucits etf EUR 5 Exchange Traded Fund SDGS4 Society 5 3 4 -2,83 1,36 19,05
Equity International Equity 68.155 LU1691909508 LU1691909508 amundi global gender equality (dr) ucits etf USD 5 Exchange Traded Fund SDGS4 Society 5 3 3 -4,63 4,19 13,06
Equity International Equity 62.317 IE00BF2B0N83 IE00BF2B0N83 franklin libertyq global equity sri ucits etf USD 5 Exchange Traded Fund SDGS4 Society 5 2 4 -5,22 2,28 8,95

The 5 most profitable sustainable thematic funds attentive to inclusion and equality :

type_name_en Classification Theme instrument_id isin masterisin Fund Currency ESGAP class_type Cod_impact Area ESG Intensity Performance Risk Performance 6 months Performance 1 year Performance 3 years
Equity Sectoral Equity - Climate & Environment Climate action 78.293 LU2463525340 LU2463525340 Nordea 1 Global Climate Engagement EUR 5 Open-end mutual funds SDGS4 Society 5 4 4 0,04 4,50 22,57
Equity International Equity Circular Economy 74.243 LU2092759021 LU2092759021 robecosam circular economy equities EUR 5 Open-end mutual funds SDGS4 Society 5 4 2 -3,62 4,54 22,87
Equity Sectoral Equities - Technology Big data and artificial intelligence 44.875 LU1244894827 LU1244894827 edmond de rothschild fund big data EUR 5 Open-end mutual funds SDGS4 Society 5 4 4 -5,00 7,12 26,37
Equity Sectoral Equities - Technology Big data and artificial intelligence 76.775 LU1833932434 LU1833932434 ODDO BHF Artificial Intelligence EUR 4 Open-end mutual funds SDGS4 Society 5 4 1 -5,52 -1,23 29,90
Equity Sectoral Equity - Climate & Environment Climate action 76.805 LU2369561647 LU2369561647 Schroder ISF Global Climate Leaders USD 5 Open-end mutual funds SDGS4 Society 5 4 3 -5,75 2,47 22,62
Equity Sectoral Equities - Water Water 78.071 LU2001709976 LU2001709976 Variopartner Tareno Global Water Solutions EUR 5 Open-end mutual funds SDGS4 Society 5 4 4 -6,53 -0,54 20,26
Equity Euro equities Climate action 74.917 FR0013369832 FR0013369832 fideas smart for clim action eurozone EUR 4 Open-end mutual funds SDGS4 Society 5 3 2 8,96 13,94
Equity International Equity Multiple themes 23.027 LU0482498093 LU0482498093 invesco global sustainable structured equity EUR 5 Open-end mutual funds SDGS4 Society 5 3 4 1,17 10,88 20,71
Equity Sectoral Equity - Climate & Environment Environmental Impact 18.080 LU1883320308 LU1883320308 amundi funds global ecology esg EUR 5 Open-end mutual funds SDGS4 Society 5 3 5 -0,14 7,97 18,32
Equity Sectoral Equity - Climate & Environment Climate action 74.814 LU2116701777 LU2116701777 dnca invest beyond climate EUR 5 Open-end mutual funds SDGS4 Society 5 3 3 -0,96 3,01 3,39