SCOR Investment Partners, the SCOR group’s portfolio management company, announces that it has signed the United Nations-backed Principles for Responsible Investment (PRI).
By signing the PRI, SCOR Investment Partners confirms the consideration and attention devoted to environmental, social and corporate governance (ESG) issues in its investment policy. This signing of the PRI adds to the SCOR group’s many ESG initiatives (signatory of the UN Global Compact in 2003, co-chair of the working group set up by the Geneva Association on extreme events and climate risks, founding member of the Principles for Sustainable Insurance (PSI), signatory of the French Business Climate Pledge, etc.), and contributes to the ongoing strengthening of the "best in class" practices implemented by SCOR Investment Partners in the conduct of its portfolio management activities.
6. to report on its activities and progress towards implementing the principles.
SCOR Investment Partners is the SCOR group’s portfolio management company, managing a portfolio of EUR 19.2 billion for SCOR as at the end of September 2016. Created in 2008 and authorized since May 2009 by the French financial market regulatory body, the Autorité des marchés financiers (“AMF”), under n°GP09000006, SCOR Investment Partners has circa 60 employees and is structured around six management desks: Aggregate, High Yield & Leveraged Finance, Infrastructure Debts, Equities & Convertible Bonds, Real Estate and Insurance-linked Securities. Since 2012, SCOR Investment Partners has given external institutional investors access to some of the diversification strategies developed for the SCOR group. As at the end of November 2016, SCOR Investment Partners manages third party assets amounting to over EUR 2.2 billion.