METROPOLE Euro SRI

CSR policy  -   Our ESG approach  -   Engagement policy  -   Responsible Value investing   -   METROPOLE Euro SRI  -   Global initiatives

METROPOLE Euro SRI is invested in stocks with a market capitalisation of more than €5 billion that are undervalued compared to their industrial value, in sound financial health commensurate with their activity and the economic cycle, and strong extra-financial convictions. Companies rated above or equal to BBB- (Investment grade) may be selected with no Best effort condition; companies rated below or equal to BB+ may be selected subject to a minimum +++ Best effort rating; companies rated in the CCC bucket are ruled out.

Our Responsible Value management process aims to maintain a weighted average ESG rating for the portfolio higher than that of the universe of Eurozone listed companies with a market capitalisation in excess of €5 billion (some 280 companies), after deduction of 20% of the lowest ratings.

Since June 2010, METROPOLE Gestion has adhered to the AFG/FIR/EUROSIF SRI Transparency Code. This code is applied to the management of the METROPOLE EURO SRI sub-fund.

In November 2018, the METROPOLE Euro SRI subfund obtained the French SRI Label.

We believe there is much to be gained by combining responsible ethics with the Value process and a Best-in-Class/Best Effort process designed to encourage all efforts in support of ESG criteria. This three-dimensional approach is useful in investment terms.

Investors are welcome to consult our Impact Report by clicking here.