Pursuant to the Article L533-22-1 of the French Monetary and Financial Code, Metori Capital Management (Metori) has an obligation to disclose its general approach regarding the integration of Environmental, Social and Governance (ESG) Criteria in its investment policy.
1. GENERAL CONSIDERATIONS CONCERNING ESG:
Although Metori takes environmental, social and governance (ESG) considerations seriously, it does not include ESG criteria in the investment process of the funds it sub-manages. Metori implements a quantitative management strategy using Futures contracts. These instruments do not allow for voting rights or exclusion lists.
Given the importance of responsible investment, Metori reserves the right to modify such investment process in the future to include ESG criteria, if the company develops strategies on instruments allowing to specifically include these criteria in the investment decisions.
2. COMMUNICATION (MEDIA, CONTENT AND FREQUENCY):
Metori will inform investors and prospects through this section of the website (ESG and SRI Policies), of any modification of its investment management process, or launch of new strategies aiming to incorporate ESG criteria.
3. FUNDS CONCERNED BY ESG CONSIDERATIONS:
As of 31 August 2018, none of the funds sub-managed by Metori Capital Management takes ESG criteria into account in its investment policy.
4. MEMBERSHIPS WITHIN INITIATIVES, CODES AND LABELS:
In November 2017 Metori Capital Management became a signatory to the United Nations Principles of Responsible Investment (more information on www.unpri.org).
Having become a PRI signatory, Metori publicly commits to the adoption and progressive implementation of the Principles for Responsible Investment (PRI), instituted by the United Nations. Today, nearly 1000 institutional investors are PRI signatories and advocate for the integration of Environmental, Social and Governance considerations into investment practices.
Metori will report on its activities and progress in applying the Principles to the United Nations through the PRI Annual Report.