Groupe Mutuel Prévoyance-GMP joint fund

Gains are paid out in the form of interest on insured persons' retirement assets.

No shareholder receives dividends or has an influence on decisions.

 

Sustainable and responsible investment policy

• Monitoring by an independent external company (annual review of securities held): no major controversies detected in 2023.
• Main improvements noted in 2023:
  • The overall rating is “green” (A on a scale of A+ to D). GMP is better ranked than its benchmark, rated at B+.
  • The proportion of issuers rated with a positive consensus is stable at 86%, including 26% with a very positive consensus regarding their management of sustainable issues (2022: 22%).
  • Exposure to high impact investment themes (clean energy, water management, green and sustainable bonds, microfinance, green infrastructure) reached almost 10%, in line with the Foundation's target.
  • CO2 emissions continued to fall in 2023, in line with the target of reducing CO2 emissions on the equity side by 7% per year.
  • The Foundation has implemented an energy monitoring system for its buildings and planned renovations to meet its environmental goals and those of the Federal Council.
• Partnerships:
  • Voting rights at companies' general meetings: application of the Ethos Foundation recommendations for Swiss shares
  • Commitments to foreign companies: cooperation with the ISS Engagement Pool to have an influence on the climate policy of certain companies
  • Quarterly portfolio monitoring: partnership with the company Canopia to monitor GMP's ESG criteria
  • Real estate: partnership with the company Signaterre to take into account the quality of the buildings held by GMP and to plan the necessary energy renovations