Policies of MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH on the integration of sustainability risks
The analysis of sustainability risks plays a very important role in MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH’s (“MEAG”) investment decisions. Alongside conventional financial analyses, we also assess numerous financially relevant criteria from the fields of environment, social and corporate governance (ESG). Ensuring that sustainability risks and opportunities are accounted for adequately in the asset's purchase price is an integral part of our investment-decision process.
In the investment process for market-traded securities, MEAG draws on the analyses performed by leading providers of sustainability data. Special ESG ratings serve to indicate the extent to which the issuers of the securities are subject to sustainability risks and actively manage those risks.
For the sustainable MEAG retail funds we have also developed special ESG investment concepts designed to further reduce sustainability risks in the funds. You can find more on this in the funds' sales prospectuses.
In the investment-decision process for long-term infrastructure investments, asset-specific ESG criteria are integrated into the due diligence process. Here, MEAG also leverages the risk management and climate research expertise of Munich Re Group. We classify the ESG risks in our risk management second opinion.
Update of the statement of 10 March 2021, as of 30 November 2021 (Clarification on MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH)