IPE: "The decision by ERAFP is a major vote of confidence in Scientific Beta’s CIC index offering, the firm added. Since 2021, Scientific Beta has been offering these indices with pure climate objectives that allow climate exclusions and weightings to be combined in order to translate companies’ climate alignment engagement into portfolio decisions."

IPE 17/01/2023

"(...) The €41.7bn additional pension scheme for French civil servants, ERAFP, has awarded an equity mandate worth approximately €300m to an undisclosed asset manager to be benchmarked to the Scientific Beta Eurozone Climate Impact Consistent (CIC) EU PAB Compliant index. The choice of index reflects ERAFP’s climate commitments, made notably within the framework of the Net Zero Asset Owner Alliance (NZAOA), according to Scientific Beta. The decision by ERAFP is a major vote of confidence in Scientific Beta’s CIC index offering, the firm added. Since 2021, Scientific Beta has been offering these indices with pure climate objectives that allow climate exclusions and weightings to be combined in order to translate companies’ climate alignment engagement into portfolio decisions. (...)"