E Fund Management

E Fund Management has an active ownership policy where it describes its approach on sustainability themes and impact topics with investees.

As a member of Climate Action 100+, E Fund Management discloses that it collectively engages with its clients on the topic of climate change.

No leading practices were identified for the financial institution in the adhering to societal conventions measurement area.

In terms of its approach to senior leadership accountability, there is no evidence that E Fund Management assigns responsibility for sustainability to the group’s highest governing body and that it links the remuneration of its executive or management teams to sustainability performance criteria. Furthermore, no evidence was found that the financial institution is committed to gender equality and women’s empowerment. It also has an opportunity to disclose the proportion of women in its highest governance body and in senior leadership roles as well as how it addresses any gender pay gaps. Although the financial institution has an engagement policy that includes a framework with success criteria, there is no evidence that this policy includes escalation points.

Although the asset manager discloses that it has become a public supporter of the TCFD recommendations and the Paris Agreement, there is no evidence that it discloses a target to reach net-zero financed emissions by 2050. The financial institution also 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. Additionally, there is no evidence that the financial institution discloses its financing activities devoted to climate solutions and that it is committed to minimising its negative impacts or financing regenerative solutions.

There is no evidence that E Fund Management has a publicly available policy statement committing it to respect human rights laid out in the United Nations Guiding Principles for Business and Human Rights and the ILO declaration on fundamental rights at work. The financial institution also has an opportunity to describe a comprehensive process for identifying its human rights risks and impacts across all its activities, especially its financing activities. Furthermore, to provide transparency on financial inclusivity, E Fund Management has an opportunity to disclose the amount of investments directed towards low-income developing countries.