Responsible Investing report

KBC Safe4Life ExpertEase SRI Defensive Conservative
BE6208726479
SFDR Classification: art.8

Publication date: 06-12-2022

Responsible Investing report

Your responsible fund is actively screened and adjusted to maximise sustainability. Based on a number of sustainability indicators, you can see to what extent your fund is achieving the predefined goals.

Click on the arrows next to each indicator for the most recent information.

The ESG risk score for companies measures the difference between a company's exposure to the sustainability and social responsibility (ESG) risks relevant to its sector and the extent to which the company covers these risks. The lower the score, the better.
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Fund
18.49

Target
Lower than 19.16

Source: KBC Group Economics

The ESG country score assesses how well the government policies of countries perform in terms of sustainability and social responsibility (ESG). The higher the score, the better.
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Fund
83.73

Target
Higher than 80.00

Source: KBC Group Economics

The CO2 intensity (carbon intensity) of a company indicates how many tonnes of CO2 (Scope 1+2) per million USD turnover (tCO2e/$M turnover).
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Fund
22.20% decrease compared to 2019

Target
50% decrease by 2030

FundTarget
2019-12-31187,98
2020-01-31131,59
2021-12-3176,55
2022-10-3154,35
2022-11-04120,1
2030-01-0193,99
Source: S&P Trucost Limited © Trucost (2022) - Data coverage rate: 58.62% fund
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Did you know that one ton of CO2 is equal to:

70 x flights from Brussels to Rome
500 x annual CO2 uptake of a tree

The CO2 intensity (carbon intensity) of a country indicates how many tonnes of CO2 that country emits per million USD of Gross Domestic Product (tCO2e/$M GDP).
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Fund
362.51

Target
Lower than 429.46

Source: S&P Trucost Limited © Trucost (2022) - Data coverage rate: 99.95% fund
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Did you know that one ton of CO2 is equal to:

70 x flights from Brussels to Rome
500 x annual CO2 uptake of a tree

Companies which seriously violate the United Nations Global Compact sustainability principles are excluded by KBC from its universe of responsible funds.
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Fund

100% In line with UNGC
Source: KBC Group Economics

Some terms explained

The CO2 intensity of a company indicates how many tonnes of CO2 per million USD turnover (tCO2e/$M turnover).

The number of tonnes of CO2 emitted by a company is the sum of:

  • the direct CO2 emissions resulting from of the company's own activities (Scope 1)
  • the direct CO2 emissions resulting from the generation of purchased electricity (Scope 2)

The indirect CO2 emissions resulting from the activities of suppliers and customers, for example  (Scope 3),  are not included in the sum.

At fund level, this figure represents the weighted average score of all CO2 intensities of the  underlying companies in which the fund invests and for which data is available.

The CO2 intensity of a country indicates how many tonnes of CO2 that country emits per million USD of Gross Domestic Product (tCO2e/$M GDP).

The number of tonnes of CO2 emitted by a country is the sum of:

  • CO2 emissions resulting from the domestic production of goods and services for domestic consumption and export
  • CO2 emissions resulting from the import of goods and services, back to the country of origin

At fund level, this figure represents the weighted average of all CO2 intensities of the underlying countries represented in the fund and for which data is available. 

The data coverage rate reflects the proportion of investment instruments for which relevant data is available, expressed as a percentage. In calculating this, technical elements such as cash or derivatives are not taken into account.

ESG stands for Environment, Social and Governance and refers to the three themes that are central to a sustainability screening.

ESG bonds are bonds whereby the money raised is used to finance a predetermined ESG project. We distinguish three types:

  1. Green bonds: for financing projects which have a positive impact on the environment.
  2. Social bonds: for financing projects which have a positive impact on society.
  3. Sustainable bonds: for funding projects which have a positive impact on both the environment and society.

Both companies and governments are authorised to issue these types of bonds. To qualify as an ESG bond with KBC, the bonds must comply with the International Capital Market Association (ICMA) principles as regards the use of the proceeds.

The ESG risk score for companies measures the difference between  a company's exposure to the sustainability and social responsibility (ESG) risks relevant to its sector and  the extent to which the company covers these risks. The lower a company's ESG risk score is on a scale of 0 to 100, the better.

The ESG risk score for companies is determined from three perspectives:

  1. Environment: waste policy, water intensity and greenhouse gas emissions;
  2. Social: employment conditions, workforce diversity and union rights;
  3. Governance: independence of the board of directors and transparency on pay and taxes.

The ESG country score assesses how well the government policies of countries perform in terms of sustainability and social responsibility (ESG). The higher the ESG score for a country on a scale of 0 to 100, the better.

The score is determined from five perspectives:

  1. General economic performance and stability;
  2. Socio-economic developments and public health;
  3. Equality, freedom and rights of all citizens;
  4. Environment;
  5. Security, peace and international relations.

At fund level, this figure represents the weighted average of all ESG scores of the underlying countries in the fund for which data is available. 

The Responsible Investing Advisory Board is an independent body comprised of academics, committed to the improvement of Responsible Investing practices. Any changes KBC makes to its responsible investment methodologies must pass their test. In this way, KBC keeps a finger on the pulse of social trends.

This report contains information (the “Information”) sourced from MSCI Inc., its affiliates or information providers (the “MSCI Parties”) and may have been used to calculate scores, ratings or other indicators. The Information is for internal use only, and may not be reproduced/redisseminated in any form, or used as a basis for or a component of any financial instruments or products or indices. The MSCI Parties do not warrant or guarantee the originality, accuracy and/or completeness of any data or Information herein and expressly disclaim all express or implied warranties, including of merchantability and fitness for a particular purpose. The Information is not intended to constitute investment advice or a recommendation to make (or refrain from making) any investment decision and may not be relied on as such, nor should it be taken as an indication or guarantee of any future performance, analysis, forecast or prediction. None of the MSCI Parties shall have any liability for any errors or omissions in connection with any data or Information herein, or any liability for any direct, indirect, special, punitive, consequential or any other damages (including lost profits) even if notified of the possibility of such damages.