Given the societal and environmental challenges facing every player and actress, the University of Namur affirms its desire to adopt a policy of ethical and sustainable management of its portfolio of movable investments.
The Board of Directors, having taken cognizance of the orientations currently favored in the management of this portfolio, wished to consolidate these positions, structure them and strengthen them by adopting ten strong guiding principles for ethical and sustainable investments:
- Our funds are managed and held by ESG/SRI-labeled financial intermediaries;
- The portfolio contains no currencies considered controversial by the financial and banking operators with which the university works;
- The portfolio's bond lines contain no countries considered controversial by the financial and banking operators with which the university works;
- The individual line portfolio is not invested in the following sectors: gambling industry, sex industry, tobacco production, weapons manufacturing, coal mining, non-conventional oil and gas extraction (shale, tar sand, Arctic exploration...);
- The portfolio in individual lines is not invested in precious metals, precious metals mining, the commodities segment including notably foodstuffs;
- All individual equity lines, which are subject to a rating, meet the ESG/SRI criteria confirmed by the ESG/SRI rating systems available on the market.
- The portfolio is not invested in funds managed by companies deregistered by the FSMA (Financial Services and Markets Authority);
- We are gradually converting sicavs to SRI funds if a sicav of the same type exists (identical procedure for ETFs), with the aim of finalizing this conversion by 2030 ;
- We have an investment exit policy if an SRI-acquired security becomes non-SRI;
- Our investment policy may include sustainable local companies, lying outside the ESG/SRI perimeter.
In this sense, recognizing the quality of the work done in this area over many years, the Board of Directors is committed to proactively and voluntarily achieving by 2030 a portfolio of securities investments in which 85% of its assets will be ESG (Environmental, Social and Governance)/SRI (Socially Responsible Investment).