Anima Holding is an asset management operator, headquartered in Milan, Italy. The financial institution offers a range of investment solutions available on the market, addressed to institutional as well as retail and private investors. As of 2021, Anima Holding had EUR 204 billion in assets under management and 319 employees.
In terms of its approach towards impact management, Anima Holding acknowledges that its financing activities have both positive and negative impacts and identified and prioritised its impacts through a materiality assessment process. As for senior leadership accountability, the responsibility for sustainability issues within the financial institution lies with the Controls, Risks and Sustainability Committee (CRSC), which has several board members’ involvement. Anima Holding publicly commits to gender equality and women’s empowerment and has been a signatory of the Women’s Empowerment Principles since 2019. The financial institution discloses the ratio of basic salary and remuneration of women to men in its operations for each employee category. Anima Holding publishes an annual engagement report describing how its engagement policy is applied in practice and how many companies it has engaged with in the past year.
Anima Holding has a publicly available policy statement committing it to respect human rights as well as a grievance mechanism accessible to all workers to raise human rights complaints or concerns. In addition, Anima Holding has a publicly available policy statement which shows it is committed to respecting the health and safety of workers and a policy prohibiting bribery and corruption. Anima Holding discloses the proportion of its total direct operations workforce for each employee category by age group and gender as well as the proportion of its total direct operations workforce covered by collective bargaining agreements. The financial institution specifies that it does not make political contributions.
In terms of female representation in leadership positions, women are underrepresented on the board of directors where only two out of 10 board members are women. In terms of gender equality, the asset manager also has an opportunity to reach at least 40% female representation in senior leadership positions. Although Anima Holding has an engagement policy that includes sustainability and impact topics, this policy could be publicly disclosed.
While the asset manager discloses its aim to reduce CO2 emissions, there is no evidence that it discloses a target to reach net-zero financed emissions by 2050. Anima Holding has an opportunity to disclose the key sectors and companies it has identified as priorities to engage with on climate change, specifically on the alignment with the Paris Agreement. There is no evidence that the financial institution discloses its financing activities devoted to climate solutions. Regarding nature and biodiversity, no evidence was found that Anima Holding is committed to minimising its negative impacts or financing regenerative solutions.
Anima Holding has an opportunity to describe a comprehensive process for identifying its human rights risks and impacts across all its activities, especially its financing activities. To provide transparency on financial inclusivity, the financial institution has an opportunity to disclose the amount of investments directed towards low-income developing countries.