Products_

Candriam Sustainable Bond Euro

(Mutual) Fund in category EAA Fund EUR Diversified Bond
Reference date - 12-07-2022
Products

Overview

Candriam Sustainable Bond Euro
General info
Manager: Candriam Belgium SA
Producttype: (Mutual) Fund
Domicile: Luxembourg
Product category: EAA Fund EUR Diversified Bond
Synthetic risk & reward indicator
  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
Low riskTypically lower rewards
High riskTypically higher rewards
Asset allocation
Liquidities
7%
Bonds
89%
Other
1%
Issuers
Corporates
46%
Sovereigns
52%
Other
2%
Sustainability disclosure
i
The EU Sustainable Finance Disclosures (SFDR) regulation requires disclosure about the proportion of sustainable investments, investments aligned with environmental or social characteristics, and other assets, in the portfolio
Source: Morningstar/Sustainalytics of product manager

Data not yet available

Product discloses in line with Article 9 of Regulation (EU) 2019/2088: Product with sustainable investment as its objective

Sustainability strategies
i
Each investment is screened for its potential positive or negative impact on sustainability issues like nature, labour conditions and good governance (ESG). Additionally, the possible impact of sustainability events like climate change, social unrest or legal controversies on the performance of the investments, is analysed.
Integration
i
Exclusion of harmful activities such as weapons, tobacco, coal, unconventional oil & gas and laggard oil & gas and electricity utilities.
Exclusion
i
Investee companies must not violate high-level normative frameworks like the UN Global Compact, the UN Guiding Principles on Business and Human Rights, the OECD Guidelines for Multinational Enterprises, and the ILO Conventions.
Norms & standards
i
Best-in-class or Best-in-universe. Investing in companies with the highest ESG ratings: overall, per industry, sector or region
Best performers
i
Investing in companies or sectors related to a specific sustainability theme, e.g. clean energy, health, sustainable agriculture, diversity.
Thematic
i
Investing in companies or projects dedicated to creating concrete and measurable positive social or environmental impact through their products or services.
Impact
i
Underweighting investments with lower ESG scores and overweighting investments with higher ESG scores in the portfolio, relative to the product’s benchmark.
Over/ underweighting
i
Building the investment portfolio in such a way that overall it scores better than a benchmark on one or more ESG indicators, e.g. carbon intensity.
Beating benchmark
i
Another way to favour more sustainable issuers in the selection process, if recognized by the CLA.
Other
i
Engaging in a dialogue with companies and/or exercising voting rights in the companies invested in.
However, following this strategy as the only additional strategy is not sufficient.
For investments in the fossil fuel sector, engagement is mandatory.
Engagement
i
Donating part of the return of the portfolio or of the management fees to a charity or a good cause.
However, following this strategy as the only additional strategy is not sufficient.
Charity
ESG due diligence using the ‘double materiality' perspective
Exclusion of harmful activities
Respect for international norms & standards
Investing in companies with the highest ESG ratings: overall. per industry. sector or region
Underweighting investments with lower ESG scores and overweighting investments with higher ESG scores. relative to the benchmark
Building the investment portfolio so that overall it scores better than a benchmark on one or more ESG indicators
Another way to favour more sustainable issuers in the selection process
Engaging in a dialogue with and/or exercising voting rights in the companies invested in
Donating part of the return of the portfolio or of the management fees to a good cause
Average portfolio reduction
i
Reduction of the initial investable universe as a result of applying sustainability strategies. This is only relevant for broad portfolios, not for thematic or impact products that already start with a reduced universe.
Source: Product manager
57%
Initial investable universe
1900
After negative screening
1700
After positive selection
800
Exposure to controversial sectors
Tobacco exposure
0
0
0.3
2

Data not yet available

The bar above shows the exposure of the product (little triangle arrow). in comparison to the average exposure of the product category (line).
In of the portfolio.
Source: Morningstar/Sustainalytics
i
The portfolio's exposure to tobacco products manufacturing, related products & services, and (wholesale) distribution.
Source: Morningstar/Sustainalytics
Tobacco
The bar above shows the exposure of the product (little triangle arrow). in comparison to the average exposure of the product category (line).
In of the portfolio.
Source: Morningstar/Sustainalytics
i
The portfolio's exposure to military contracting, small arms production, dedicated components & services and distribution.
Source: Morningstar/Sustainalytics
Weapons
The bar above shows the performance of the product (little triangle arrow). in comparison to the average performance of the product category (line).
In of the portfolio.
Source: Morningstar/Sustainalytics
i
The portfolio's exposure to controversial weapons production, key components & services. Controversial weapons consist of anti-personnel mines, biological and chemical weapons, cluster weapons, depleted uranium ammunition, nuclear weapons, and white phosphorus weapons.
Source: Morningstar/Sustainalytics
Controversial weapons
The bar above shows the exposure of the product (little triangle arrow). in comparison to the average exposure of the product category (line).
In of the portfolio.
Source: Morningstar/Sustainalytics
i
The portfolio's exposure to thermal coal extraction.
Source: Morningstar/Sustainalytics
Coal
The bar above shows the exposure of the product (little triangle arrow). in comparison to the average exposure of the product category (line).
In of the portfolio.
Source: Morningstar/Sustainalytics
i
The portfolio's asset-weighted percentage revenue exposure to extraction of tar sands and Arctic oil & gas exploration.
Source: Morningstar/Sustainalytics
Controversial oil & gas extraction
The bar above shows the exposure of the product (little triangle arrow). in comparison to the average exposure of the product category (line).
In of the portfolio.
Source: Morningstar/Sustainalytics
i
The portfolio's asset-weighted percentage revenue exposure to oil & gas production (exploration, transportation, refining).
Source: Morningstar/Sustainalytics
Conventional oil & gas production
The bar above shows the exposure of the product (little triangle arrow). in comparison to the average exposure of the product category (line).
In of the portfolio.
Source: Morningstar/Sustainalytics
i
The portfolio's asset-weighted percentage revenue exposure to utilities that generate electricity by burning coal, oil or natural gas.
Source: Morningstar/Sustainalytics
Non- renewable energy generation
The bar above shows the exposure of the product (little triangle arrow). in comparison to the average exposure of the product category (line).
In of the portfolio.
Source: Morningstar/Sustainalytics
i
The portfolio's exposure to nuclear power generation.
Source: Morningstar/Sustainalytics
Nuclear energy generation
The bar above shows the exposure of the product (little triangle arrow). in comparison to the average exposure of the product category (line).
In of the portfolio.
Source: Morningstar/Sustainalytics
Adverse impact indicators
Carbon footprint performance
0
0
80.4
1295

Data not yet available

If data is available. the bar above shows the performance of the product (little triangle arrow). in comparison to the average performance of the product category (line).
In tonnes per million EUR.
Source: Morningstar/Sustainalytics
Corporates
i
The amount in tonnes per million (Euro) invested for the Greenhouse Gas (GHG) scope 1 and 2 emissions that are attributable to the portfolio. The amount of emission of GHG (in tonnes) divided by the amount invested (in Euros) is known as the Carbon footprint of a portfolio. Calculated by working out for each unique holding the percentage of that company that the portfolio owns. The portfolio is therefore responsible for that portion of the company's Green house gas scope 1 and 2 emissions. Then each holdings responsible share of the Green house gas scope 1 and 2 emissions are summed to given an overall emissions in tonnes, divided by the millions (Euro) invested in total in those companies. This only includes the long portion of the holdings for which the data is available. The principal adverse impacts (PAIs) are defined by the EU Sustainable Finance Disclosures (SFDR) regulation and are used to measure the adverse impacts of investments.
Source: Morningstar/Sustainalytics
Carbon footprint
If data is available. the bar above shows the performance of the product (little triangle arrow). in comparison to the average performance of the product category (line).
In tonnes per million EUR.
Source: Morningstar/Sustainalytics
i
The weighted average for the portfolio of the underlying holding's Greenhouse Gas (GHG) intensity scope 1 and 2. The average only includes holdings for which the Greenhouse Gas (GHG) intensity scope 1 and 2 are known. It is calculated only on the long holdings portion of the portfolio. The GHG intensity for a company is a measure of it's emissions per million (in Euros) of revenue. The principal adverse impacts (PAIs) are defined by the EU Sustainable Finance Disclosures (SFDR) regulation and are used to measure the adverse impacts of investments.
Source: Morningstar/Sustainalytics
GHG intensity
If data is available. the bar above shows the performance of the product (little triangle arrow). in comparison to the average performance of the product category (line).
In tonnes per million EUR.
Source: Morningstar/Sustainalytics
i
The percentage of the long only portfolio that is exposed to corporations that make any revenue from activities related to Fossil Fuels. The principal adverse impacts (PAIs) are defined by the EU Sustainable Finance Disclosures (SFDR) regulation and are used to measure the adverse impacts of investments.
Source: Morningstar/Sustainalytics
Fossil fuel involvement
If data is available. the bar above shows the performance of the product (little triangle arrow). in comparison to the average performance of the product category (line).
In of the portfolio.
Source: Morningstar/Sustainalytics
i
The weighted average for the portfolio of the percentage of the underlying holding's energy consumption that comes from non-renewable sources. The average only includes holdings for which the non renewable percentage of energy consumption are known. It is calculated only on the long holdings portion of the portfolio. The principal adverse impacts (PAIs) are defined by the EU Sustainable Finance Disclosures (SFDR) regulation and are used to measure the adverse impacts of investments.
Source: Morningstar/Sustainalytics
Non-renewable energy consumption
If data is available. the bar above shows the performance of the product (little triangle arrow). in comparison to the average performance of the product category (line).
In of the portfolio.
Source: Morningstar/Sustainalytics
i
The percentage of the long only portfolio that is exposed to corporations that make any revenue from activities that have a negative affect on biodiversity. The principal adverse impacts (PAIs) are defined by the EU Sustainable Finance Disclosures (SFDR) regulation and are used to measure the adverse impacts of investments.
Source: Morningstar/Sustainalytics
Negative effect on biodiversity
If data is available. the bar above shows the performance of the product (little triangle arrow). in comparison to the average performance of the product category (line).
In of the portfolio.
Source: Morningstar/Sustainalytics
i
The amount in tonnes per million (Euro) invested for the emissions to water that are attributable to the portfolio. Calculated by working out for each unique holding the percentage of that company that the portfolio owns. The portfolio is therefore responsible for that portion of the company's emissions to water. Then each holdings responsible share of the emissions to water are summed to given an overall emissions in tonnes, divided by the millions (Euro) invested in total in those companies. This only includes the long portion of the holdings for which the data is available. The principal adverse impacts (PAIs) are defined by the EU Sustainable Finance Disclosures (SFDR) regulation and are used to measure the adverse impacts of investments.
Source: Morningstar/Sustainalytics
Emissions to water
If data is available. the bar above shows the performance of the product (little triangle arrow). in comparison to the average performance of the product category (line).
In tonnes per million EUR.
Source: Morningstar/Sustainalytics
i
The weighted average of the covered holdings' water withdrawal intensity values. At the holding level, water withdrawal intensity represents the volume of water withdrawal per unit of revenue (milion USD). Water withdrawal differs from water consumption or water usage, and is defined as the total volume (in cubic meters) of water withdrawn or diverted from various water sources, such as groundwater, lake, municipal supplies, etc. (including sea water).
Source: Morningstar/Sustainalytics
Water withdrawal Intensity
If data is available. the bar above shows the performance of the product (little triangle arrow). in comparison to the average performance of the product category (line).
In m3 per million USD.
Source: Morningstar/Sustainalytics
i
The amount in tonnes per million (Euro) invested for the hazardous waste emissions that are attributable to the portfolio. Calculated by working out for each unique holding the percentage of that company that the portfolio owns. The portfolio is therefore responsible for that portion of the company's hazardous waste emissions. Then each holdings responsible share of the hazardous waste emissions are summed to given an overall emissions in tonnes, divided by the millions (Euro) invested in total in those companies. This only includes the long portion of the holdings for which the data is available. The principal adverse impacts (PAIs) are defined by the EU Sustainable Finance Disclosures (SFDR) regulation and are used to measure the adverse impacts of investments.
Source: Morningstar/Sustainalytics
Hazardous waste
If data is available. the bar above shows the performance of the product (little triangle arrow). in comparison to the average performance of the product category (line).
In tonnes per million EUR.
Source: Morningstar/Sustainalytics
i
The percentage of the long only portfolio that is exposed to corporations that have violations of the United Nations Global Compact principles or Organisation for Economic Co-operation and Development (OECD) Guidelines for Multinational Enterprises The principal adverse impacts (PAIs) are defined by the EU Sustainable Finance Disclosures (SFDR) regulation and are used to measure the adverse impacts of investments.
Source: Morningstar/Sustainalytics
UNGC principles/OECD guidelines violations
If data is available. the bar above shows the performance of the product (little triangle arrow). in comparison to the average performance of the product category (line).
In of the portfolio.
Source: Morningstar/Sustainalytics
i
The weighted average for the portfolio of the underlying holding's gender pay gap. The average only includes holdings for which the gender pay gap details are known. It is calculated only on the long holdings portion of the portfolio. The principal adverse impacts (PAIs) are defined by the EU Sustainable Finance Disclosures (SFDR) regulation and are used to measure the adverse impacts of investments.
Source: Morningstar/Sustainalytics
Gender pay gap
If data is available. the bar above shows the performance of the product (little triangle arrow). in comparison to the average performance of the product category (line).
In .
Source: Morningstar/Sustainalytics
i
The weighted average for the portfolio for the percentage of female board members of the underlying holdings. The average only includes holdings for which the percentage of female board members details are known. It is calculated only on the long holdings portion of the portfolio. The principal adverse impacts (PAIs) are defined by the EU Sustainable Finance Disclosures (SFDR) regulation and are used to measure the adverse impacts of investments.
Source: Morningstar/Sustainalytics
Female board members
If data is available. the bar above shows the performance of the product (little triangle arrow). in comparison to the average performance of the product category (line).
In of female board members of the underlying holdings.
Source: Morningstar
Sovereigns
i
The weighted average for the portfolio of the underlying holding's carbon intensity for sovereign issuers. The average only includes holdings for which the carbon intensity for the countries of the sovereign bonds are known. It is calculated only on the long holdings portion of the portfolio. The principal adverse impacts (PAIs) are defined by the EU Sustainable Finance Disclosures (SFDR) regulation and are used to measure the adverse impacts of investments.
Source: Morningstar/Sustainalytics
Carbon intensity
If data is available. the bar above shows the performance of the product (little triangle arrow). in comparison to the average performance of the product category (line).
In of the portfolio.
Source: Morningstar/Sustainalytics
i
The percentage of countries invested in (not percentage of the portfolio) that have social violations as referred to in international treaties and conventions, United Nations principles and, where applicable, national law. This only includes the long portion of the holdings. The principal adverse impacts (PAIs) are defined by the EU Sustainable Finance Disclosures (SFDR) regulation and are used to measure the adverse impacts of investments.
Source: Morningstar/Sustainalytics
Social violations
If data is available. the bar above shows the performance of the product (little triangle arrow). in comparison to the average performance of the product category (line).
In number of countries.
Source: Morningstar/Sustainalytics
Sustainability impact
Impact themes
i
The percentage of the long only portfolio that is exposed to corporations that make any revenue (>0%) from these 5 impact themes.
Source: Morningstar/Sustainalytics
30%
25%
20%
15%
10%
5%
0%
3%
3%
0%
3%
0%
Climate action
Resource security
Healthy ecosystems
Basic needs
Human development
Top 3 SDG's
i
The 3 UN Sustainable Develeopment Goals (SDGs) to which the long only portfolio has the highest involvement, measured by exposure to corporations that make any revenue from the SDG
Source: Morningstar/Sustainalytics
Data not yet available
EU Taxonomy
EU Taxonomy alignment exposure
0
0
0
20

Data not yet available

If data is available. the bar above shows the performance of the product (little triangle arrow). in comparison to the average performance of the product category (line).
In of the portfolio.
Source: Morningstar/Sustainalytics
i
The percentage of the long only portfolio that is exposed to economic activities aligned with the EU Taxonomy regulation.
Source: Morningstar/Sustainalytics or product manager
EU Taxonomy alignment
If data is available. the bar above shows the performance of the product (little triangle arrow). in comparison to the average performance of the product category (line).
In of the portfolio.
Source: Morningstar/Sustainalytics
Other portfolio details
Can derivatives be used in the portfolio management?
Yes
Does the portfolio contain use-of-proceeds instruments?
Yes
Can the product practice securities lending?
Yes
Does the product practice short selling?
No
Does the product invest in unlabelled underlying products?
Yes
Important Notice
  • The information on this website is merely intended to help investors understand how financial products that have been awarded the “Towards Sustainability”label apply the requirements of the Towards Sustainability label to certain financial products.
  • The information on this website is no marketing material and some of the products might not be registered for public distribution in Belgium.
  • The information on this website does not constitute an invitation to invest in the financial products referred on this website. Persons considering investing in those financial products should refer to the website of the manufacturer of the product and consult all relevant product information and documents before doing so. They should also consider whether the relevant products are suitable for them, given their knowledge and experience, their financial situation and their investment objectives and needs.
  • The information on this website is not intended to provide any personal advice or recommendation (including but not limited to financial, investment, tax, accounting or legal advice).
  • The information on this website is for information purposes only and is not intended to constitute, and should not be construed as, an offer to sell or a solicitation of any offer to buy the financial products, especially not in jurisdictions where to do so would constitute a violation of the relevant law.
  • The release, publication or distribution of the materials on this website in certain jurisdictions may be restricted by law. Persons in such jurisdictions into which they are released, published or distributed, should inform themselves about, and observe, such restrictions.
  • Note that not all products are offered to retail clients in Belgium.
  • The information on this website is based on information received from the product manager and on external data sources. The information on this website will be updated from time to time. No investment decisions should be based relying only on the information on this website.