SCOR Investment Partners says its flagship corporate loans fund SCOR Euro Loans will become SCOR Sustainable Euro Loans.
The SCOR Sustainable Euro Loans fund is classified as Article 8 under the EU Sustainable Finance Disclosure Regulation. Based on a proprietary ESG framework, the sustainable strategy combines SCOR’s exclusion policy and ESG scoring which enables a best-in-class selection process.
SCOR says the approach aims to help investees reach sustainable practices through the combination of a corporate dialogue with issuers and an internal controversy analysis.
Fabrice Rossary, Chief Executive Officer of SCOR Investment Partners, comments: “The revamping of our flagship corporate loans fund comes on the back of significant research undertaken by our portfolio management team and by the sustainable investment office. Our new investment process is a breakthrough in the asset class, where external ESG data coverage is very low, and access to reliable information remains a challenge. This is a new milestone in our journey to finance the sustainable development of society together. Stay tuned, more will come in 2022.”