Sustainable Investing

Partnering with the best

A cornerstone of our investment offering is working with some of the world’s largest investment managers. Together with our partners, we aim to provide you with educational and insightful information about the growing area that is ESG and how this is impacting investment decisions and portfolios.

Investment Manager	2019 UN PRI Score	Number of PRI Membership Years
	A+	9 years
	A+	8 years
	A+	10 years
	A+	13 years
	A+	14 years
	A+	10 years

Sustainability Approach

Our Sustainability policy document covers the following information:

• Scope and Application
• Sustainability Themes addressed by this Policy
• Stewardship, Shareholder Voting & Engagement
• Exclusions and Screening
• Implementation
• Governance
• Conflicts of Interest

Regulatory Provision

The Sustainable Finance Disclosure Regulation (“SFDR”) is a new European wide regulation and applies from 10 March 2021 (with certain obligations taking effect later in the year). The SFDR lays down harmonised disclosure rules for investment managers and investment advisors.

New Ireland Assurance considers the principal adverse impacts of investment decisions on sustainability factors. To discover more about adverse sustainability impacts and our policies, click on the link to our Principal Adverse Impact Statement in the Key Documents section below.

As detailed requirements relating to adverse impact became final in January 2022, New Ireland has dedicated efforts to make sure it is prepared, for example by implementing new adverse impact tooling to assess how funds perform when measured against certain sustainability indicators. These range from carbon emissions, fossil fuel exposure and waste levels (E) to gender diversity and due diligence over human rights (S) and a company’s record on exposure to corruption, bribery or other scandals (G).

New Ireland also operates as a financial adviser for the purpose SFDR
New Ireland Financial advisors, who are tied agents, will disclose the sustainability risks that are likely to impact on the return of a fund when providing advice. New Ireland Financial Advisors do not currently consider the adverse impacts of sustainability on investment advice. This is because the required processes and procedures are currently being developed. New Ireland Financial Advisors may consider the adverse impacts of sustainability when acting as an investment advisor to our customers at a future date when the detailed requirements relating to adverse impact become final and we will provide further information at that time.

Remuneration Policy

Our Remuneration policy document will cover how our remuneration policies are consistent with the integration of sustainability risks.

Engagement Policy

The European Union (Shareholders’ Rights) Regulations 2020 (known as “SRD II”) seeks to encourage institutional investors such as New Ireland to promote shareholder engagement. As part of the regulation we are required to develop and publicly disclose an engagement policy which describes how we integrate shareholder involvement in our investment strategy. You will find our policy in the key documents section below.

Working with PRI - New Ireland as an International Signatory

The PRI works with its international network of signatories including New Ireland Assurance to put the six Principles for Responsible Investment into practice. Its goals are to understand the investment implications of ESG issues and to support signatories in integrating these issues into investment and ownership decisions. At New Ireland Assurance we view the adoption of responsible investment principles as both an integral part of an investment process and critical part of any investment firm’s fiduciary duty to its clients. We follow an investor-led ESG approach whereby investment decision-makers drive ESG integration across the firm. We believe that this approach yields more meaningful results than an isolated ESG function.

The Six Principles for Responsible Investment.

Our ESG Fund Range

We have a number of funds that fall under Article 8 (light green ESG funds) and the table below includes the fund names and links to the fund fact sheets. To find out more about what Article 8 Fund classification means, click here.

Each fund available through this product is, to some extent, exposed to sustainability risks. New Ireland considers sustainability risks when designing and managing our range of funds where possible.

Thought Leadership

Sustainable Finance Disclosure Regulation - What you need to know!
Rory Gallagher, Head of Compliance and Keith Jordan Head of Product & Provider Management with Investment Markets.
Click to view.

SFDR Glossary

We have created a high-level glossary to explain some common terms that appear in our Sustainable Finance Disclosure material. Hopefully this makes reading these various documents a little easier for you. Any text in bold, will also bring you to explanations of those words in this glossary.

Click here for our Sustainable Finance Disclosure Regulation Glossary