Carmignac has obtained French government SRI labels from the independent accreditation body AFNOR for three of its funds.
The labels were awarded to two equity funds; Carmignac Emergents and Carmignac Portfolio Grande Europe, and to the multi-asset emerging market fund Carmignac Portfolio Emerging Patrimoine.
All three funds adopt a flexible, non-benchmarked approach and incorporate ESG analysis and scoring in their investment process. They specifically differentiate themselves from our fund range by seeking a low carbon emissions objective and include a positive impact.
Sandra Crowl, Stewardship Manager, says: “This label reflects our commitment to Responsible Investment. This is the first time in the label’s history that a multi-asset emerging market fund has been awarded this accreditation.”
Since inception, Carmignac has instilled a strong ethical principle against investing in harmful industries, in particular tobacco and coal producers. The company is determined to continue this meaningful path to offer sustainable, long term investment solutions to our investors through its mainstream ESG integration approach, and active voting policy, as well as its specific SRI fund range based on solid and transparent processes. Since 2012, Carmignac has made a public commitment to adopt and apply the United Nations Principles for Responsible Investment (UNPRI).