ERSTE RESPONSIBLE RETURN – The ESG Letter on Environmental, Social and Governance issues
In case of sustainably generated power, supply often does not match demand.
The Erste AM Investment Board gives a structured form to the ongoing and responsive dialogue with and among sustainability research agencies. The Board offers the chance to integrate in-house and external research. It also discusses rating details, the ESG‘s assessment of the IPOs of new issuers and sustainability issues in general.
The Company of the Month is selected due to recent developments and in connection with the topic ”Batteries”.
Germany is home to the currently biggest storage battery of Europe which produces 5 megawatts. More Facts about batteries in this blog entry.
Engagement is of great importance for EAM‘s sustainable investment approach. It combines own initiatives with collaboration on a national and international level. The structured engagement process is based on the „EAM Engagement Guideline“ which determines engagement issues, approach and procedures.
“Waste separation is pretty much a commonly held dogma in Austria” says Gerold Permoser, Chief investment Officer (CIO) and Chief Sustainable Officer (CSIO) of Erste Asset Management.
Erste AM sustainability labels and long-term partners in sustainability.