ESG Newsletter

Established in 2005, Établissement de retraite additionnelle de la fonction publique (“ERAFP”) is responsible for investing the French public service additional pension scheme. As at December 31, 2019, they had € 34.7 billion ($US 38.3 billion) of assets under management.

As a UN PRI signatory, ERAFP integrates environmental, social and governance (ESG) considerations in its investment process. For example, they have developed an internal rating based on their Socially Responsible Investment (SRI) Charter to favour best in class investments. With regards to Active Ownership, the investor participates in collaborative engagement initiatives on corruption, labour relations and working conditions. Finally, it is a member of the Institutional Investors Group on Climate Change (IIGCC) and the Extractive Industries Transparency Initiative (EITI).

SRI Charter

Guidelines for ERAFP’s Shareholder Engagement