FR EN Home Corporate Sustainability Sustainable Investments SUSTAINABLE INVESTMENTS Today, society faces staggering sustainability challenges. SCOR’s “Quantum Leap” strategic plan details our strengthened commitment to meeting those challenges head-on. As an institutional investor, SCOR is determined to play its part in contributing to the welfare and resilience of society. SHARE Body SCOR sees sustainability as more than just a way of building a resilient portfolio. We believe that by acting as a sustainable investor, the Group can better manage risks and generate superior long-term returns. Our Sustainable Investment Policy supports and complements our Climate Policy and together, they set out an approach that integrates environmental, social and governance criteria into all our investment decisions. The Group adheres to the United Nations Principles for Responsible Investment and the United Nations Principles for Sustainable Insurance. We promote the adoption of these principles by our partners and foster cooperation in implementing them. We encourage good governance, integrity and accountability as well as the sharing of know-how and expertise. At SCOR, we actively participate in public debate on the future of sustainable finance and are honored to be a member of the Technical Expert Group on Sustainable Finance at the European Commission. Sustainable Investing Principles SCOR bases its investing policy on five pillars: 1. Risk Management: Building a Resilient Portoflio 2. Screening: Enhancing Sustainable Investment Decisions 3. Engagement: Fostering Sustainable Behavior 4. Thematic Investment: Financing a More Sustainable World 5. Participation in Initiatives and Debates: Supporting Climate Awareness Body Body SCOR's Investments SCOR’s investments in the global economy focus on: supporting scientific research and cooperation, particularly with regard to modeling natural events and providing a framework for the development of sustainable finance developing guidelines for activities in business sectors with high ESG stakes, particularly in carbon-intensive industries, as well as tools to monitor the ESG quality of our investment and underwriting activities designing insurance, reinsurance and investment products that respond to highly relevant issues, such as climate change mitigation and adaptation, promotion of health, and access to insurance. In our investment decisions, SCOR relies on the ESG expertise and engagement of our investment managers to select securities that integrate ESG criteria. You have not yet given permission to place the required cookies. Accept the required cookies to view this content. Show content How SCOR’s investment portfolio rates Based on the analysis of environmental and social factors, including governance criteria, the independent, non-financial ratings agency ISS-oekom has rated SCOR’s asset portfolio “C”. ISS-oekom C SCOR's asset portfolio Body Climate Change SCOR intends to deliver on our commitment to the Paris agreement. The Group’s internal expertise on climate risk helps us to continuously stress-test the impacts of climate change on our invested asset portfolios and to improve their resilience. At the same time, we carefully appraise the impacts of our invested assets on our planet’s ecosystems. We focus a significant amount of our invested assets on financing the transition to a low-carbon economy and have committed to carbon-neutral investment by 2050. Climate change and the transition to a low-carbon economy have two types of associated risks: physical risk (resulting from changes in the frequency and intensity of extreme events) and transition risk (arising from new technologies, market innovations and/or increased regulation linked to environmental concerns). SCOR also considers the opportunities that may arise from risks, in particular transition risks, as part of our sustainable investing strategy. Body Negative Screening: Exclusions The Group excludes certain activities or issuers from its investment universe, including: those involved in the production of cluster munitions countries that do not adhere to anti-money laundering and anti-terrorism-financing rules, as defined by the Financial Action Task Force (FATF) issuers for whom more than 10% of their turnover/more than 10% of the electricity they generate comes from thermal coal, and companies on the Urgewald list of the 120 largest coal developers companies involved in oil sands and oil development in the Arctic region above a threshold 30% of oil reserves (thresholds will be gradually lowered, reaching 10% by end 2021) the tobacco industry. SCOR also encourages our investment managers to favor issuers with good ESG ratings and decisive strategies. Body Image Body SCOR has accelerated its sustainability journey, strengthening its commitment to investing in a more sustainable world. Author name François de Varenne Author position Chief Executive Officer of SCOR Global Investments FR EN SCOR (PAR) : 27.57 EUR (-0.33%) 24/11/2021 17:35 Pied de page CORPORATE ABOUT US SUSTAINABILITY INVESTORS MEDIA CAREERS SOLUTIONS PROPERTY & CASUALTY LIFE & HEALTH INVESTMENTS THE ART & SCIENCE OF RISK RISK KNOWLEDGE RISK MANAGEMENT Contact us CONTACT US Menu Footer Gauche Terms of Use & Legal Notice Report a Concern © SCOR 2021 Menu Footer Droite Cookies & Privacy Policy Cookies Settings UK Modern Slavery Act Statement close Manage cookies Our site SCOR.COM uses cookies necessary for the operation of the site and allowing to know the pages and the content which interests you. You can find out more about cookies by consulting our data protection and cookies policy. We keep your choices for 100 days. You can change your mind by consulting this page link to settings. ACCEPT ALL REFUSE ALL CONFIGURE YOUR CHOICES