Our approach to responsible investment
Responsibility is embedded in everything we do, starting with our investment framework.
The right thing to do
Responsibility goes hand-in-hand with a long-term, partnership approach. It means having a sense of responsibility and integrity not only towards the present generation but also to future generations – and to the real economy and the wider world.
We believe in responsible capitalism and take an enlarged view of the economy and its interactions with civil society and the natural environment.
We are convinced that Environmental, Social and Governance (ESG) considerations can help us make better long-term investment decisions for our clients.
The strength of our convictions led us to create for our clients a range of innovative environmental and social equity strategies that are today among the oldest and largest in the market, such as Water, launched in 2000.
Our approach to responsible investing: 5 main pillars
1. We integrate ESG into investment processes and risk management
All our active long-only equity and fixed-income investment strategies integrate ESG considerations when making investment decisions, to complement financial analysis.
For investors with higher ESG ambitions, our best-in-class strategies invest in companies with stronger governance as well as cleaner operations and products. We offer equity and fixed income sustainable strategies.
For those investors looking to have a specific and measurable impact, our environmental and social impact strategies invest in companies that provide solutions to challenges such as climate change, the energy transition or water scarcity.
Click here to find out more about our product range
2. We engage with companies and governments
As active managers we can add value and mitigate risks by engaging with sovereign and corporate issuers on ESG topics. Through our engagement, we aim both to exercise our responsibilities as investors and to contribute to shaping a more sustainable, prosperous, healthy and equitable society.
Click here to see some of our engagement examples
3. We systematically exercise voting rights
Leveraging our power as investors to achieve positive change, we systematically exercise our voting rights in the best interests of our clients.
Click here to discover how we influence decision processes
4. We are transparent with clients
Transparency and detailed reporting differentiate true integration from box-ticking. In our reports, ESG characteristics are measured at a portfolio level and compared with the benchmark. Our Sustainability Reports provide additional data on our environmental and social impacts.
Company-level reports:
SDGs exposure report
Active Ownership report
Proxy voting policy
A responsible vision brochure
UNPRI transparency report
5. We act as stewards of responsible investing
We are committed advocates of responsible investing and play an active role in supporting organisations that promote responsible finance and sustainable investments. We also see it as our mission to educate investors about responsible and sustainable investment practices.
Click here to access our e-learning about Responsible Investing
A few key facts
How are ESG risks integrated into fundamental research and day-to-day investment decisions?
Pictet Asset Management employees share their involvement in responsible investing.
Pictet Asset Management, November 2019
recent initiatives
Responsible investment: the evidence stacks up
Sébastien Eisinger, Managing Partner, Head of Investments
August 2018
Controversial weapons: a call to index providers
Laurent Ramsey, Managing Partner and Co-CEO
October 2019
Important legal information
This marketing document is issued by Pictet Asset Management. It is neither directed to, nor intended for distribution or use by any person or entity who is a citizen or resident of, or domiciled or located in, any locality, state, country or jurisdiction where such distribution, publication, availability or use would be contrary to law or regulation. Only the latest version of the fund’s prospectus, the KIID (Key Investor Information Document), regulations, annual and semi-annual reports may be relied upon as the basis for investment decisions. These documents are available on assetmanagement.pictet.
This document is used for informational purposes only and does not constitute, on Pictet Asset Management part, an offer to buy or sell solicitation or investment advice. It has been established on the basis of data, projections, forecasts, anticipations and hypothesis which are subjective. Its analysis and conclusions are the expression of an opinion, based on available data at a specific date. The effective evolution of the economic variables and values of the financial markets could be significantly different from the indications communicated in this document.
Information, opinions and estimates contained in this document reflect a judgment at the original date of publication and are subject to change without notice. Pictet Asset Management has not taken any steps to ensure that the securities referred to in this document are suitable for any particular investor and this document is not to be relied upon in substitution for the exercise of independent judgment. Tax treatment depends on the individual circumstances of each investor and may be subject to change in the future. Before making any investment decision, investors are recommended to ascertain if this investment is suitable for them in light of their financial knowledge and experience, investment goals and financial situation, or to obtain specific advice from an industry professional.
The value and income of any of the securities or financial instruments mentioned in this document may fall as well as rise and, as a consequence, investors may receive back less than originally invested. Risk factors are listed in the fund’s prospectus and are not intended to be reproduced in full in this document.
Past performance is not a guarantee or a reliable indicator of future performance. Performance data does not include the commissions and fees charged at the time of subscribing for or redeeming shares. This marketing material is not intended to be a substitute for the fund’s full documentation or for any information which investors should obtain from their financial intermediaries acting in relation to their investment in the fund or funds mentioned in this document.
EU countries: the relevant entity is Pictet Asset Management (Europe) S.A., 15, avenue J. F. Kennedy, L-1855 Luxembourg
Switzerland: the relevant entity is Pictet Asset Management SA , 60 Route des Acacias – 1211 Geneva 73
Hong Kong: this material has not been reviewed by the Securities and Futures Commission or any other regulatory authority. The issuer of this material is Pictet Asset Management (Hong Kong) Limited.
Singapore: this material is issued by Pictet Asset Management (Singapore) Pte Ltd. This material is intended only for institutional and accredited investors and it has not been reviewed by the Monetary Authority of Singapore.
For Australian investors, Pictet Asset Management Limited (ARBN 121 228 957) is exempt from the requirement to hold an Australian financial services license, under the Corporations Act 2001.
For US investors, Shares sold in the United States or to US Persons will only be sold in private placements to accredited investors pursuant to exemptions from SEC registration under the Section 4(2) and Regulation D private placement exemptions under the 1933 Act and qualified clients as defined under the 1940 Act. The Shares of the Pictet funds have not been registered under the 1933 Act and may not, except in transactions which do not violate United States securities laws, be directly or indirectly offered or sold in the United States or to any US Person. The Management Fund Companies of the Pictet Group will not be registered under the 1940 Act.
For US investors, Shares sold in the United States or to US Persons will only be sold in private placements to accredited investors pursuant to exemptions from SEC registration under the Section 4(2) and Regulation D private placement exemptions under the 1933 Act and qualified clients as defined under the 1940 Act. The Shares of the Pictet funds have not been registered under the 1933 Act and may not, except in transactions which do not violate United States securities laws, be directly or indirectly offered or sold in the United States or to any US Person. The Management Fund Companies of the Pictet Group will not be registered under the 1940 Act.
Pictet Asset Management Inc. (Pictet AM Inc) is responsible for effecting solicitation in North America to promote the portfolio management services of Pictet Asset Management Limited (Pictet AM Ltd) and Pictet Asset Management SA (Pictet AM SA).
In Canada Pictet AM Inc. is registered as Portfolio Manager authorised to conduct marketing activities on behalf of Pictet AM Ltd and Pictet AM SA. In the USA, Pictet AM Inc. is registered as an SEC Investment Adviser and its activities are conducted in full compliance with the SEC rules applicable to the marketing of affiliate entities as prescribed in the Adviser Act of 1940 ref. 17CFR275.206(4)-3.