pf_workers

Ensuring
sustainability at work

0
N. FUNDS WITH 5 STARS
0
FUNDS INTERESTED IN THE TOPIC
0
FUNDS ANALYZED

How can I take action?

What is at stake

Work within Society is fundamental and working to ensure that it can keep pace withtechnological and social evolution is equally so.
Digital and technological evolution has transformed work into something new, with the inclusion of smart working, artificial intelligence and the automation and robotics industry. Work may therefore have become more 'flexible', and therefore less standardised, but it is also more precarious and unstable and perhaps even less protected.
For this reason, it is crucial not only to adapt to technological progress, but also not to forget workers' rights so that work can have a strong positive impact on Society, so that safety, working conditions and human rights are guaranteed.

Sustainability objectives

The objectives that mutual funds can pursue to promote sustainable work can be linked to investment inautomation and industry-related issues, or even through voluntary membership of bodies that make engagement, good governance and networking their main purpose. However, for all funds wishing to invest in labour issues, it is essential to respect the core labour principles (ILO).

Management strategies

Sustainable investors use different management strategies:
- The Exclusion Appro ach: Many funds approach the topic by excluding Society that do not comply with international labour and safety at work (ILO) standards.
- The Regulatory Approach: Many funds take great account of core labour standards (ILO) in addition to child labour standards and OECD corporate governance principles.
- Best practice: Some funds encourage employee engagement, inclusion and labour preservation plans.
- Engagement: Many funds act through engagement (exercising voting rights at shareholders' meetings, working with management) and through membership with organisations focused on good governance and networking.

We use 75 criteria to calculate the importance of labor in the activity of mutual funds in our universe.
We find a fairly even distribution for mutual funds that decide to use an approach aimed at Screening their holdings by excluding those that do not repect labor principles (ILO principles). From the point of view of ESG Risk management, an important participation of Society also stands out with regard to engagement activities in the meetings and the evaluation of the remuneration policies of the holdings in which they invest.

The adverse impacts

Given the critical issues related to working conditions and the number of injuries and deaths, the European Union has pointed to a number of negative labor impact indicators that they recommend sustainable mutual funds monitor.

Unfortunately, these are optional indicators, which are not among the primary indicators required of all sustainable funds, and therefore have less scope, despite the seriousness of the issues addressed:

  • Investment in companies without occupational injury prevention policies:
    The Share of Investments in Society investees without a policy of work accident prevention.
  • Accident rate:
    The Accident Rate in the Society participated expressed as a weighted average.
  • Number of days lost due to injury, accident, death or illness:
    The Number of working days lost due to injuries, accidents, deaths or illnesses of Society participated expressed as a weighted average.
  • Lack of a supplier code of conduct.:
    The Share of Investment in Society investees whose suppliers lack a code of conduct.
  • Lack of a mechanism for handling grievances/complaints related to employee issues:
    The Share of Investment in Society participated without any mechanism for handling complaints/complaints related to employee issues.
  • Insufficient protection of whistleblowers:
    The Share of Investment in Entities without Whistleblower Protection Policies.
  • Operations and suppliers at significant risk of using child labor:
    The Share of Investments in Society investees exposed to operations and suppliers that have a significant risk of incidents of minors being exposed to hazardous labor in terms of geographic area or type of operation.
  • Operations and suppliers at significant risk of using forced or compulsory labor:
    The Share of Investments in Society investees exposed to operations and suppliers at significant risk of incidents of forced or compulsory labor.
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The 5 most profitable sustainable labour-minded equity funds :

type_name_en Classification instrument_id isin masterisin Fund Currency ESGAP class_type Theme Cod_impact Area Intensity Performance Risk Performance 6 months Performance 1 year Performance 3 years
Equity Japan equities 78.817 FR0011597459 FR0011597459 CPR Japan EUR 5 Open-end mutual funds SDGS5 Society 5 5 3 23,48 48,68 58,77
Equity Japan equities 43.214 LU0950372325 LU0950372325 bnp paribas funds japan equity USD 4 Open-end mutual funds SDGS5 Society 5 5 1 16,54 47,72 77,87
Equity Japan equities 9.396 IE00B8C1QM02 IE00B8C1QM02 polar capital japan value EUR 5 Open-end mutual funds SDGS5 Society 5 5 4 16,31 43,54 67,51
Equity Turkey equities 28.288 LU0823433775 LU0823433775 bnp paribas funds equity turkey EUR 4 Open-end mutual funds SDGS5 Society 5 5 0 11,41 53,31 174,28
Equity Sectoral Equities - Banking & Finance 79.607 LU1876459303 LU1876459303 Axiom European Banks Equity EUR 4 Open-end mutual funds SDGS5 Society 5 4 1 30,89 44,58 100,56
Equity Sector Equities - Technology 80.411 IE00BM95B514 IE00BM95B514 Polar Capital Global Technology EUR 4 Open-end mutual funds SDGS5 Society 5 4 1 29,56 51,31 25,82
Equity International Equity - Growth 45.425 LU1218204631 LU1218204631 invesco global opportunities USD 4 Open-end mutual funds SDGS5 Society 5 4 1 26,73 42,28 48,84
Equity Sector Equities - Technology 2.363 AT0000688858 AT0000688858 raiffeisen capital manag. equity technology EUR 4 Open-end mutual funds SDGS5 Society 5 4 1 26,62 45,29 21,38
Equity International equities 71.119 AT0000A261L7 AT0000A261L7 raiffeisen capital manag. paxetbonum-aktien EUR 5 Open-end mutual funds SDGS5 Society 5 4 1 26,09 37,02 34,07
Equity Sector Equities - Technology 20.921 LU0366762994 LU0366762994 franklin templeton technology EUR 4 Open-end mutual funds SDGS5 Society 5 4 1 25,53 49,85 23,16

The 5 most profitable labour-oriented bond funds :

type_name_en Classification instrument_id isin masterisin Fund Currency ESGAP class_type Theme Cod_impact Area Intensity Performance Risk Performance 6 months Performance 1 year Performance 3 years
Bond Maturity Bonds 51.032 LU1025014892 LU1025014892 fidelity funds target tm 2050 euro EUR 4 Open-end mutual funds SDGS5 Society 5 4 0 13,82 18,77 17,75
Bond Maturity Bonds 51.025 LU0393655294 LU0393655294 fidelity funds target tm 2040 euro EUR 4 Open-end mutual funds SDGS5 Society 5 4 0 13,82 18,31 16,75
Bond Maturity Bonds 51.031 LU1025014462 LU1025014462 fidelity funds target tm 2045 euro EUR 4 Open-end mutual funds SDGS5 Society 5 4 0 13,82 18,76 17,74
Bond Subordinated Bonds 9.339 IE00B81TMV64 IE00B81TMV64 algebris financial credit EUR 5 Open-end mutual funds SDGS5 Society 5 4 2 12,68 17,10 4,31
Bond Subordinated Bonds 73.440 LU1160527336 LU1160527336 cs if 1 cs (lux) financial bond EUR 4 Open-end mutual funds SDGS5 Society 5 4 1 12,26 17,80 1,04
Bond Subordinated Bonds 27.228 LU0772943501 LU0772943501 nordea 1 european financial debt EUR 5 Open-end mutual funds SDGS5 Society 5 4 4 11,27 17,71 2,05
Bond Bonds Europe - High Yield 70.489 LU1927799012 LU1927799012 nordea 1 european high yield stars bond EUR 5 Open-end mutual funds SDGS5 Society 5 4 3 10,39 14,13 3,59
Bond Euro Bonds - High Yield 28.724 LU0849400030 LU0849400030 schroder isf euro high yield EUR 4 Open-end mutual funds SDGS5 Society 5 4 2 10,01 14,05 2,67
Bond Absolute Return Bond Vol 5-7.5 73.935 IE00BYT35D51 IE00BYT35D51 algebris Global Credit Opportunities EUR 4 Open-end mutual funds SDGS5 Society 5 4 3 9,82 13,71 8,64
Bond International Bonds - High Yield 63.274 LU1504570844 LU1504570844 allianz gif global high yield EUR 5 Open-end mutual funds SDGS5 Society 5 4 3 9,50 8,40 -0,97

The 5 most profitable sustainable ETFs focused on Labour :

type_name_en Classification instrument_id isin masterisin Fund Currency ESGAP class_type Theme Cod_impact Area Intensity Performance Risk Performance 6 months Performance 1 year Performance 3 years
Equity International equities 73.034 LU2216829809 LU2216829809 lyxor msci world catholic principles esg (dr) ucits etf USD 4 Exchange Traded Fund SDGS5 Society 5 4 1 20,83 30,41 33,87
Equity Euro equities 71.872 LU1971906802 LU1971906802 ubs etf euro stoxx 50 esg ucits etf EUR 5 Exchange Traded Fund SDGS5 Society 5 4 2 19,60 22,57 42,20
Equity Japan equities 40.767 LU1273488715 LU1273488715 ubs etf msci japan socially responsible ucits etf EUR 5 Exchange Traded Fund SDGS5 Society 5 4 3 16,03 33,71 31,74
Equity Euro equities 37.741 LU1215451524 LU1215451524 ubs etf factor msci emu quality ucits etf EUR 4 Exchange Traded Fund SDGS5 Society 5 3 1 15,43 10,70 17,65
Equity International equities 37.404 LU0629459743 LU0629459743 ubs etf msci world socially responsible ucits etf USD 4 Exchange Traded Fund SDGS5 Society 5 3 1 14,00 24,30 30,55
Equity US equities 37.405 LU0629460089 LU0629460089 ubs etf msci usa socially responsible ucits etf USD 4 Exchange Traded Fund SDGS5 Society 5 3 1 13,86 27,66 35,74
Equity European equities 73.863 LU2206597804 LU2206597804 UBS ETF msci europe socially responsible ucits etf EUR 5 Exchange Traded Fund SDGS5 Society 5 3 4 13,85 12,52 24,67
Equity Euro equities 37.740 LU1215452928 LU1215452928 ubs etf factor msci emu prime value ucits etf EUR 5 Exchange Traded Fund SDGS5 Society 5 3 3 9,47 11,15 21,28
Equity European equities 37.406 LU0629460675 LU0629460675 ubs etf msci emu socially responsible ucits etf EUR 4 Exchange Traded Fund SDGS5 Society 5 2 2 13,64 8,37 11,89
Equity Euro equities 71.737 IE00BJLKK341 IE00BJLKK341 ishares msci emu sri ucits etf EUR 4 Exchange Traded Fund SDGS5 Society 5 2 2 13,04 9,37 15,07

The 5 most profitable sustainable labour-oriented thematic funds:

type_name_en Classification Theme instrument_id isin masterisin Fund Currency ESGAP class_type Cod_impact Area Intensity Performance Risk Performance 6 months Performance 1 year Performance 3 years
Equity Sector Equities - Technology Robotics 39.821 LU1279333329 LU1279333329 pictet robotics USD 5 Open-end mutual funds SDGS5 Society 5 4 1 27,53 44,79 28,67
Equity Sector Equities - Technology Disruption 28.221 LU0823422067 LU0823422067 bnp paribas funds disruptive technology EUR 4 Open-end mutual funds SDGS5 Society 5 4 1 23,97 37,67 45,29
Equity Sector Equities - Technology Robotics 42.309 BE0176735018 BE0176735018 belfius equities robotics & innovative technology USD 5 Open-end mutual funds SDGS5 Society 5 4 1 22,71 35,38 23,70
Equity Sector Equities - Technology Digitization 75.090 LU1602110832 LU1602110832 robeco digital innovations EUR 5 Open-end mutual funds SDGS5 Society 5 4 2 20,87 30,02 27,71
Equity Sector Equities - Technology Digitization 67.759 LU1602110675 LU1602110675 robeco digital innovation EUR 5 Open-end mutual funds SDGS5 Society 5 4 2 20,39 28,98 24,74
Equity Sector Equities - Technology Robotics 71.101 LU1923622887 LU1923622887 natixis if (lux) i thematics ai and robotics USD 5 Open-end mutual funds SDGS5 Society 5 4 2 18,77 28,36 31,01
Equity International equities Equality and inclusion 70.500 LU1939215312 LU1939215312 nordea 1 global gender diversity EUR 5 Open-end mutual funds SDGS5 Society 5 4 3 18,74 26,33 39,98
Equity International equities Millennial 70.372 LU1966631266 LU1966631266 carmignac pf grandchildren EUR 5 Open-end mutual funds SDGS5 Society 5 4 1 18,35 25,11 27,62
Equity Sector Equities - Water Water 4.636 FR0010678433 FR0010678433 bnp paribas aqua EUR 5 Open-end mutual funds SDGS5 Society 5 4 4 17,17 19,82 28,18
Equity Sector Equities - Water Water 33.223 LU1165135952 LU1165135952 bnp paribas funds aqua EUR 5 Open-end mutual funds SDGS5 Society 5 4 4 17,05 19,69 27,62
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