Established in 2006, the Swiss Federal Pension Fund PUBLICA (“PUBLICA”) is the pension fund of the federal state employees of Switzerland. As at December 31, 2019, they had CHF 41 billion of assets under management.
As a responsible investor, PUBLICA has implemented screening criteria around the Swiss Association for Responsible Investments SVVK-ASIR'S list of exclusions and the UN Global Compact’s principles. With regards to its infrastructure bond portfolio, PUBLICA favors investments with a better ESG profile over alternatives that have the same risk/return profile. With respect to active ownership, PUBLICA actively exercises its voting rights and actively seeks dialogue with portfolio companies on ESG issues. To further its commitment to responsible investing, the organization became a signatory to the UN PRI in November 2020.