fair-finance: Most Socially Responsible Pension Fund Central Europe 2018
fair-finance, with assets of over €500m, has long and fruitful experience in responsible investment. By focusing on the green economy, the fund consistently manages to outperform the competition. All investments are judged according to the standards of ÖGUT (an independent platform for the environment and technology). Significantly, in the first half of this year, fair-finance had in the course of its membership to the network Shareholders for Change intervened at 15 company AGMs to draw attention to ESG concerns. fair-finance has been recognised as Austria’s Best Provident Fund, and this is its fourth consecutive year as a CFI.co award-winner. Clients now have the opportunity to invest in two fair-finance funds (one is for sustainable, convertible bonds; the other is for sustainable hybrid bonds). The CFI.co judging panel regards this an important development. This year fair-finance has been improving its real estate rating system, which goes beyond energy criteria to include broader social concerns. The fund’s work in housing has also received governmental recognition. The judging panel – noting fair-finance’s outstanding progress over the years, and its commitment to sustainability principles – extends, without hesitation, the award for the Most Socially Responsible Pension Fund (Central Europe) 2018.
