Investment Europe: "One of the most prominent pension schemes in Europe, the €23.5bn additional pension scheme for French civil servants ERAFP, will benchmark €500m to €1bn euro zone mandate to ERI Scientific Beta low carbon index. The mandate will be awarded for a six-year term and must be managed while respecting the socially responsible investing (SRI) principles under which all of ERAFP’s allocations are managed."
Investment Europe 10/06/2016
"(...) One of the most prominent pension schemes in Europe, the €23.5bn additional pension scheme for French civil servants ERAFP, will benchmark €500m to €1bn euro zone mandate to ERI Scientific Beta low carbon index. The mandate will be awarded for a six-year term and must be managed while respecting the socially responsible investing (SRI) principles under which all of ERAFP’s allocations are managed. (...) The institute has been conducting research for several years on the possibility of reconciling financial and environmental performance. The launch of a new series of low carbon indices by ERI Scientific Beta earlier this year marked the practical realisation of these research efforts. (...)"
Copyright Open Door Media Publishing Limited