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Ensuring
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N. FUNDS WITH 5 STARS

FUNDS INTERESTED IN THE TOPIC

FUNDS ANALYZED

How Can I Take Action?

The stakes

Work within Society is critical, and working to ensure that it can go hand in hand 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 standardized, but 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 pro-worker rights in order to ensure that work can have a strong positive impact on Society so that safety, working conditions and human rights are guaranteed.

The sustainability goals

The objectives that mutual funds can pursue to foster sustainable labor can be related to investment inautomation and industry-related issues, or even through voluntary membership in entities that make engagement, good governance and networking their main purpose. Fundamental, however, for all funds wishing to invest in labor issues is compliance with the Fundamental Principles on Labor (ILO).

Management strategies

Sustainable investors use different management strategies:
- The Exclusion Approach: Many funds approach the issue by excluding Society that do not comply with international labor and occupational safety (ILO) standards.
- The Regulatory Approach: Many funds give high consideration to regulations on core labor principles (ILO) in addition to child labor standards and OECD corporate governance principles.
- Best Practices: Some funds encourage employee interest plans, inclusion and labor preservation.
- Engagement: Many funds act through engagement activities (exercising voting rights at meetings, working with management) and through membership with organizations 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 within the assemblies 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.

The financial contents of the tables

The ESG content of the tables

For better reading of the data, please rotate your device.

The 5 Most Profitable Sustainable Equity Funds Attentive to Labor :

type_name_en	Classification	instrument_id	isin	masterisin	Fund	Currency	ESGAP	class_type	Cod_impact	Area	ESG Intensity	Performance	RIschio	Performance 6 months	Performance 1 year	Performance 3 years
Equity	Sectoral Equities - Banking & Finance	79.607	LU1876459303	LU1876459303	Axiom European Banks Equity	EUR	5	Open-end mutual funds	SDGS5	Society	5	5	1	26,94	61,20	240,08
Equity	Sectoral Equities - Banking & Finance	85.174	FR0010077321	FR0010077321	BNP Paribas Finance Europe	EUR	5	Open-end mutual funds	SDGS5	Society	5	5	3	22,29	48,60	126,81
Equity	Spain equities	20.297	LU0346389850	LU0346389850	fidelity funds iberia	EUR	5	Open-end mutual funds	SDGS5	Society	5	5	4	20,05	35,65	91,07
Equity	Italian equities	69.492	IT0005320731	IT0005320731	allianz shares italy all stars	EUR	5	Open-end mutual funds	SDGS5	Society	5	5	1	17,88	35,55	104,20
Equity	Italian equities	19.378	LU0318940342	LU0318940342	fidelity funds italy	EUR	5	Open-end mutual funds	SDGS5	Society	5	5	1	15,33	33,54	87,95
Equity	Italian equities	12.344	LU0106239527	LU0106239527	schroder isf italian equity	EUR	5	Open-end mutual funds	SDGS5	Society	5	5	1	15,00	47,33	95,05
Equity	Sectoral Equities - Banking & Finance	43.578	IE00BWY56Y06	IE00BWY56Y06	algebris financial equity	EUR	5	Open-end mutual funds	SDGS5	Society	5	5	4	14,76	38,41	111,87
Equity	Emerging Markets Equity - Europe	12.395	LU0106820292	LU0106820292	schroder isf emerging europe	EUR	4	Open-end mutual funds	SDGS5	Society	5	5	2	13,63	26,95	134,56
Equity	Italian equities	10.582	IT0004896541	IT0004896541	soul italy	EUR	5	Open-end mutual funds	SDGS5	Society	5	5	1	12,20	31,04	108,35
Equity	Sectoral Equities - Precious Metals	39.219	LU1989765984	LU1989765984	cpr invest global gold mines	EUR	4	Open-end mutual funds	SDGS5	Society	5	4	1	25,40	51,17	104,25

The 5 Most Profitable Labor-Conscious Bond Funds :

type_name_en	Classification	instrument_id	isin	masterisin	Fund	Currency	ESGAP	class_type	Cod_impact	Area	ESG Intensity	Performance	RIschio	Performance 6 months	Performance 1 year	Performance 3 years
Bond	Subordinated Bonds	51.284	LU131328848970	LU131328848970	amundi funds total hybrid bond	EUR	5	Open-end mutual funds	SDGS5	Society	5	5	3	4,26	13,11	26,72
Bond	Subordinated Bonds	51.283	LU1883334515	LU1883334515	amundi funds global subordinated bond	EUR	5	Open-end mutual funds	SDGS5	Society	5	5	3	4,16	12,77	30,89
Bond	Subordinated Bonds	9.339	IE00B81TMV64	IE00B81TMV64	algebris financial credit	EUR	5	Open-end mutual funds	SDGS5	Society	5	5	2	3,30	8,06	25,68
Bond	Euro Bonds - High Yield Short Term	26.612	LU0726358178	LU0726358178	pictet eur short term high yield	EUR	5	Open-end mutual funds	SDGS5	Society	5	5	3	3,20	7,03	22,15
Bond	Euro Bonds - High Yield	13.697	LU0133806785	LU0133806785	pictet eur high yield	EUR	5	Open-end mutual funds	SDGS5	Society	5	5	2	3,15	8,37	25,61
Bond	Euro Bonds - High Yield	28.724	LU0849400030	LU0849400030	schroder isf euro high yield	EUR	4	Open-end mutual funds	SDGS5	Society	5	5	2	3,13	9,14	27,86
Bond	Euro Bonds - High Yield	23.211	LU0496389577	LU0496389577	AB I Sustainable Euro High Yield Portfolio	EUR	5	Open-end mutual funds	SDGS5	Society	5	5	3	3,05	8,00	24,79
Bond	Euro Bonds - High Yield	15.497	LU0195952261	LU0195952261	franklin templeton euro high yield	EUR	5	Open-end mutual funds	SDGS5	Society	5	5	3	2,98	7,61	24,95
Bond	Euro Bonds - High Yield	27.442	LU0788519535	LU0788519535	allianz gif euro high yield defensive	EUR	5	Open-end mutual funds	SDGS5	Society	5	5	3	2,94	8,42	21,37
Bond	Euro Bonds - High Yield	12.911	LU0119109980	LU0119109980	amundi funds euro high yield bond	EUR	5	Open-end mutual funds	SDGS5	Society	5	5	3	2,84	7,72	22,16

The 5 Most Profitable Sustainable ETFs Attentive to Labor :

type_name_en	Classification	instrument_id	isin	masterisin	Fund	Currency	ESGAP	class_type	Cod_impact	Area	ESG Intensity	Performance	RIschio	Performance 6 months	Performance 1 year	Performance 3 years
Equity	Japan equities	78.907	IE00BMDBMV87	IE00BMDBMV87	Invesco MSCI Japan ESG Universal Screened UCITS ETF	USD	4	Exchange Traded Fund	SDGS5	Society	5	3	1	3,24	11,07	31,44
Equity	French equities	62.245	LU1681046931	LU1681046931	amundi etf cac 40 esg ucits etf	EUR	4	Exchange Traded Fund	SDGS5	Society	5	3	1	0,53	11,45	35,78
Equity	French equities	4.069	FR0010150458	FR0010150458	bnp paribas easy cac 40 esg ucits etf	EUR	4	Exchange Traded Fund	SDGS5	Society	5	3	2	0,48	11,14	34,83
Equity	Euro equities	71.737	IE00BJLKK341	IE00BJLKK341	ishares msci emu sri ucits etf	EUR	5	Exchange Traded Fund	SDGS5	Society	5	3	3	-1,39	7,89	30,36
Equity	Sectoral Equities - Technology	68.822	IE00BGL86Z12	IE00BGL86Z12	ishares electric vehicles and driving technology ucits etf	USD	4	Exchange Traded Fund	SDGS5	Society	5	2	2	-0,47	10,51	10,74
Equity	International Equity	86.813	IE000AZOUN82	IE000AZOUN82	Franklin MSCI World Catholic Principles UCITS ETF	USD	2	Exchange Traded Fund	SDGS5	Society	5	1	0	-1,77	13,72
Equity	Japan equities	60.100	IE00BYVJRQ85	IE00BYVJRQ85	ishares sustainable msci japan sri ucits etf	EUR	3	Exchange Traded Fund	SDGS5	Society	4	4	1	8,18	18,66	61,31
Equity	International Equity	71.646	IE00BJQRDP39	IE00BJQRDP39	invesco quantitative strategies esg global equity multi-factor ucits etf	EUR	5	Exchange Traded Fund	SDGS5	Society	4	4	3	4,56	14,90	56,30
Equity	Euro equities	71.598	IE00BHZPJ015	IE00BHZPJ015	ishares msci emu esg enhanced ucits etf	EUR	4	Exchange Traded Fund	SDGS5	Society	4	4	2	3,80	17,20	48,45
Equity	Euro equities	68.824	IE00BFNM3B99	IE00BFNM3B99	ishares msci emu esg screened ucits etf	EUR	4	Exchange Traded Fund	SDGS5	Society	4	4	2	3,17	16,93	50,25

The 5 most profitable sustainable thematic funds attentive to labor:

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	Euro equities	Climate action	74.783	FR0011994862	FR0011994862	R-co 4Change Net Zero Equity Euro	EUR	5	Open-end mutual funds	SDGS5	Society	5	4	2	5,87	17,51	53,09
Equity	Euro equities	Climate action	4.794	FR0010784835	FR0010784835	r-co 4change climate equity euro	EUR	5	Open-end mutual funds	SDGS5	Society	5	4	2	5,49	16,65	49,73
Equity	Sectoral Equity - Climate & Environment	Climate action	74.795	FR0013397734	FR0013397734	theam quant europe climate carbon offset plan	EUR	5	Open-end mutual funds	SDGS5	Society	5	4	4	1,87	13,71	37,10
Equity	Sectoral Equities - Technology	Big data and artificial intelligence	77.014	LU2446850484	LU2446850484	Amundi Solutions Italy Artificial Intelligence Action Project.	EUR	4	Open-end mutual funds	SDGS5	Society	5	4	4	1,02	16,09	35,00
Equity	Sectoral Equities - Technology	Big data and artificial intelligence	81.403	LU2387455608	LU2387455608	Franklin Templeton Intelligent Machines	EUR	4	Open-end mutual funds	SDGS5	Society	5	4	1	0,46	19,72	62,03
Equity	Sectoral Equity - Climate & Environment	Environmental Impact	18.080	LU1883320308	LU1883320308	amundi funds global ecology esg	EUR	5	Open-end mutual funds	SDGS5	Society	5	4	5	0,07	15,63	30,04
Equity	International Equity	Circular Economy	74.243	LU2092759021	LU2092759021	robecosam circular economy equities	EUR	5	Open-end mutual funds	SDGS5	Society	5	4	2	-0,11	13,49	33,44
Equity	Sectoral Equities - Technology	Security	77.016	LU2357305882	LU2357305882	Allianz GIF Cyber Security	EUR	4	Open-end mutual funds	SDGS5	Society	5	4	0	-3,78	26,49	52,48
Equity	International Equity - Growth	Disruption	70.960	LU1910165999	LU1910165999	schroder isf global disruption	USD	4	Open-end mutual funds	SDGS5	Society	5	4	1	-4,31	10,84	35,70
Equity	Sectoral Equities - Technology	Big data and artificial intelligence	69.360	LU1819479939	LU1819479939	echiquier artificial intelligence	EUR	4	Open-end mutual funds	SDGS5	Society	5	4	1	-5,38	22,72	49,51

Back to ESG funds

Ensuring sustainability at work

How Can I Take Action?

The 5 Most Profitable Sustainable Equity Funds Attentive to Labor :

The 5 Most Profitable Sustainable Equity Funds Attentive to Labor :

The 5 Most Profitable Labor-Conscious Bond Funds :

The 5 Most Profitable Labor-Conscious Bond Funds :

The 5 Most Profitable Sustainable ETFs Attentive to Labor :

The 5 Most Profitable Sustainable ETFs Attentive to Labor :

The 5 most profitable sustainable thematic funds attentive to labor:

The 5 most profitable sustainable thematic funds attentive to labor:

We take great care in handling data and fund analysis. However, our providers may provide us with incorrect data: always check the information you find on Positive Finance and notify us if you find an error, we will correct it as soon as possible.

This isnot a financial advisory site ; our goal is to help you evolve as a Positive Investor and become more aware and competent. Before investing, always check with your adviser or bank that your choices are appropriate and will not harm you.

Our analyses of managers' sustainability policies (denoted MCSR Intensity in the tables), are done with care, method, and passion but cover only a few thousand funds.

In summary, avoid DIY (unless you want to study finance seriously) and trading (it is a business for professionals), rely on a good advisor. Remember that you are paying him to look after your interests even when you feel you are not paying him.

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Ensuring
sustainability at work