EFA's sustainability awarded with EcoVadis Gold rating

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Social and environmental issues impact every industries, and that affects investment funds as a key source of financing to the economy as a whole.

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09/12/2019 |
  • EFA Ecovadis Print (002)

The trend among asset managers is toward incorporating environmental, social responsibility and governance criteria into their investment strategies. But are their funds really "green" if their fund administration is not?

For EFA, CSR and ESG are much more than the Corporate Social Responsibility and Environmental, Social and Governance acronyms on its Annual Report... For years, EFA has been acting to reduce its impact on environment and to ensure a high level of ethics and human rights in its staff daily work. As a result, and for the second consecutive year, EFA has been awarded the top-rank Gold rating by the independant assessment agency EcoVadis.

EcoVadis assesses more than 55,000 companies is 155 countries. These assessments comprehensively covers four key CSR practices : environment, ethics, fair labor and human rights and sustainable procurement. EcoVadis methodology is built on international CSR standards including the Global Reporting Initiative, the United Nations Global Compact, and the ISO 26000.

EFA is a socially and environmentally responsible company improving its EcoVadis score each year. That gives funds managers the assurance their funds stay "green" along the value chain.

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