MAPFRE's asset management company, MAPFRE AM, has been listed in the “Avant Gardist” category of the Hirschel and Kramer (H&K) Responsible Investment Brand Index (RIBI).
This is the most demanding category of the index, which identifies European firms in the sector most committed to socially responsible investments. Approximately 17 percent of managers analysed have been admitted to this category.
The index assesses over 220 asset managers operating in Europe, and takes into account compliance with the principles for responsible investment. This is a joint initiative with the UN Global Compact which aims to enhance environmental, social and governmental compliance (ESG) with investments.
MAPFRE joined the network of signatories to the principles in May 2017, and its asset management company has recently launched, in partnership with La Financière Responsable , the MAPFRE Inclusión Responsable fund. This seeks to invest in companies that promote the inclusion of people with disabilities. It is one of a full range of ESG integrated funds MAPFRE AM offers to investors.
Financial consultants Jean-Francois Hirschel and Markus Kramer are publishing the second edition of the RIBI index this year. Sustainable investment assets totaled $30.7 billion worldwide in 2018, which is 34 percent more than the previous year. According to data from the Global Sustainable Investment Alliance (GSIA), 400 ESG-focused funds focused were launched in 2018 alone.
MAPFRE has a team of 150 professionals manages more than EUR 60 billion worldwide, and is an active investor in 26 countries.