SCOR Investment Partners’ sustainable investment approach is endorsed with the attainment of LuxFLAG ESG and LuxFLAG Environment labels across several funds.
|PRESS RELEASE | January10, 2023||N° 01- 2023|
SCOR Investment Partners’sustainable investment approach is endorsed with the attainment ofLuxFLAG ESG and LuxFLAG Environment labelsacross several funds.
SCOR Investment Partners, the asset management company of the SCOR group, is proud to announce that six of its investment vehicles have been granted the use of the LuxFLAG label.
Luxembourg Finance Labelling Agency (LuxFLAG) is an independent and international non-profit association created to support sustainable finance. It promotes sustainable investments by awarding a recognizable label to eligible investment vehicles.
- The LuxFLAG ESG label certifies that the Investment Product incorporates Environmental, Social & Governance (ESG) criteria throughout the entire investment process while screening 100% of the invested portfolio according to one of the ESG strategies and standards recognized by LuxFLAG.
- The LuxFLAG Environment label certifies that the Investment product primarily invests its assets in environment-related sectors in a responsible manner. The eligibility criteria for the LuxFLAG Environment label require eligible funds to have a portfolio of investments in environment-related sectors corresponding to at least 75% of the fund’s total assets.
Four SCOR Investment Partners funds have been granted the LuxFLAG ESG label:
- The SCOR Sustainable Euro Loans fund (label renewal), classified as Article 8 under the European Sustainable Finance Disclosure Regulation (SFDR),
- The SCOR Sustainable Euro High Yield fund (label renewal), classified as Article 8 SFDR,
- The SCOR Funds - ESG Euro Short Term Duration High Yield fund, (label granted) newly classified as Article 8 SFDR following the strengthening of its sustainable investment process, and
- The SCOR Euro Loans Natural Capital fund ("Applicant Fund Status" label granted), launched in November 2022, classified as Article 9 SFDR. The fund aims to finance companies committed to limiting their environmental impact, through the sustainable use of water, energy, or a policy of waste reduction.
Two SCOR Investment Partners infrastructure debt funds have been granted the LuxFLAG Environment label:
- The SCOR Infrastructure Loans III fund (label renewal), classified as Article 8 SFDR, which has completed its investment period, and
- The SCORLUX Infrastructure Loans IV fund (label confirmed following the grant of an "Applicant Fund Status" label in 2021), classified as Article 9 SFDR. This fund is the fourth vintage of the senior infrastructure debt strategy. It invests exclusively in projects with a positive environmental or social impact. Fundraising and capital deployment are on-going.
Fabrice Rossary, CEO of SCOR Investment Partners, comments: " These labels independently confirm both the strength of ESG criteria integration in our investment processes, as well as our capacity for innovation in private asset classes. We reaffirm our positioning as a responsible investor and our commitment to financing the sustainable development of societies, together."
- End -
For more information, please contact Louis Bourrousse, Head of Business Development,
+33 1 58 44 78 62, firstname.lastname@example.org
About SCOR Investment Partners
Financing the sustainable development of societies, together.
SCOR Investment Partners is the asset management company of the SCOR Group. Created in 2008 and accredited by the Autorité des Marches financiers, the French financial market regulatory body, in May 2009 (no. GP09000006), SCOR Investment Partners has more than 80 employees and is structured around seven management desks: Fixed Income, Corporate Loans, Infrastructure Loans, Direct Real Estate, Real Estate Loans, Insurance-Linked Securities and Fund Selection. Since 2012, SCOR Investment Partners has given institutional investors access to some of the investment strategies developed for the SCOR Group. Assets managed for outside investors totaled EUR 6.1 billion as of September 30, 2022. As of that same date, SCOR Investment Partners had total assets under management of EUR 18.4 billion (including undrawn commitments).
Visit the SCOR Investment Partners website at: www.scor-ip.com
This advertising communication, intended exclusively for journalists and professionals of the press and media, is produced for informational purposes only and should not be construed as an offer, solicitation, invitation, or recommendation to purchase any service or investment product.
Before making any final investment decision, you must read all regulatory documents of the Fund, available free of cost upon request to the Sales & Marketing team of SCOR Investment Partners SE.
AttachmentTo view this piece of content from www.globenewswire.com, please give your consent at the top of this page.
To view this piece of content from ml-eu.globenewswire.com, please give your consent at the top of this page.
About GlobeNewswire by notified
One Liberty Plaza - 165 Broadway
NY 10006 New York
GlobeNewswire by notified is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.
Subscribe to releases from GlobeNewswire by notified
Subscribe to all the latest releases from GlobeNewswire by notified by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from GlobeNewswire by notified
SKEL fjárfestingafélag hf.: Amendment to the financial calendar and previously disclosed information4.2.2023 19:13:54 CET | Press release
The audit of SKEL’s financial statements for the year 2022, which has not been finalized, has resulted in a change of its presentation due to the company‘s transition into an investment company. Shares in subsidiaries were capitalized according to the equity method until year end 2021 but are recognised at fair value through profit or loss from the beginning of 2022. This results in a previously unrealized fair value change from 2021 of ISK 2.6 billion that was formerly accounted for directly through equity, will instead be recognised in the income statement for 2022. This change of presentation has no effect of previously announced equity for year-end 2022 of ISK 33.0-33.5 billion. Further, this does not alter the company’s ability to pay dividend. The company‘s estimated earnings net of tax will, however, increase by ISK 2.6 billion and amount to ISK 17.1-17.6 billion instead of ISK 14.5-15.0 billion as was previously announced on 31 January 2023. The company has decided to change th
City of Vacaville Introduces Next Generation to Biotechnology and Advanced Manufacturing4.2.2023 05:18:05 CET | Press release
Vacaville high school students explore local career opportunities to honor National Career Technical Education Month VACAVILLE, Calif., Feb. 03, 2023 (GLOBE NEWSWIRE) -- February is National Career Technical Education (CTE) Month, and the City of Vacaville joined the celebration by hosting a field trip for 58 Vacaville high school students February 3. The field trip included several locations around Vacaville and Solano County to explore advanced manufacturing and biotechnology. Every February, the Association for Career and Technical Education encourages communities to celebrate CTE Month, to raise awareness of the role that CTE has in readying learners for college and career success. This is also a time when the City of Vacaville recognizes and celebrates the contributions and achievements of community CTE partners including Solano Community College (SCC) and The Workforce Development Board of Solano County. “This field trip is an excellent opportunity for Vacaville’s young people to
Patients with hidradenitis suppurativa experienced sustained efficacy and symptom improvement at one year when treated with Novartis Cosentyx®4.2.2023 00:30:00 CET | Press release
In two of the largest Phase III trials conducted in hidradenitis suppurativa (HS), Cosentyx® (secukinumab) treatment response rates continued to improve beyond the primary endpoint analysis at Week 16 to more than 55% at Week 52, as evaluated by the HS Clinical Response (HiSCR) measure1 Safety findings were consistent with the well-established safety profile of Cosentyx in its approved indications1 HS is a recurrent skin disease affecting one in 100 people worldwide, causing painful, boil-like abscesses that can lead to open wounds and irreversible scarring in the most intimate parts of the body2,3 There is only one approved therapy for HS and many patients, even those on treatment, still experience uncontrolled symptoms4 Basel, February 4, 2023 – Novartis announced today that The Lancet has published long-term data from the pivotal SUNSHINE and SUNRISE trials evaluating Cosentyx® (secukinumab) in moderate-to-severe hidradenitis suppurativa (HS)1. In two of the largest Phase III trials
Maha Energy meddelar reserv- och resursrapport per 31 december 20223.2.2023 21:45:00 CET | Pressemelding
McDaniel & Associates Consultants Ltd. (“McDaniel”) har genomfört sin första utvärdering av Maha Energy AB:s (publ) (”Maha” eller ”Bolaget”) reserver och resurser. Väsentliga förändringar från föregående års reserv- och resurssiffror är hänförliga till: att den tidigare annonserade utfarmningen och Joint Operating Agreement avtalet med Mafraq Energy LLC avseende Block 70 i Oman slutförs. Maha är operatör på Block 70 och Mahas licensandel minskar till 65 procent till följd härav.att den tidigare offentliggjorda transaktionen avseende den förväntade avyttringen av Mahas brasilianska verksamhet och följaktligen bolagets olje- och gastillgångar, där försäljningsavtalet undertecknades den 27 december 2022, resulterar i att inga reserver redovisas för fälten Tie och Tartaruga. Mahas reserver1 per 31 december 2022 2022 Maha Energy AB bruttoreserver före skatt (miljoner fat)KategoriTillgångar i USAMafraqTotalt1P1,340,421,762P2,740,523,263P3,590,624,21 De huvudsakliga förändringarna i årets res
Maha Energy AB announces December 31st, 2022 Reserve Report and Resource Report3.2.2023 21:45:00 CET | Press release
McDaniel & Associates Consultants Ltd. (“McDaniel”) has completed their first annual reserve and resource determination for Maha Energy AB (publ) (“Maha” or the “Company”). Main changes from last year’s reserves and resources numbers are related to: the successful completion of the previously announced Farm Out and Joint Operating Agreement with Mafraq Energy LLC for Block 70 in Oman, in which Maha is the Operator of the block and reduces its working interest (“WI”) to 65%;The previously disclosed transaction involving the expected divestment of Maha’s Brazilian entity and, consequently, its oil and gas assets, which SPA was signed on December 27th,2022, and is why no reserves are being reported for Tie and Tartaruga fields. Maha Reserves1 as of 31st December 2022 2022 Maha Energy AB Company Gross Reserves before income tax (Million barrels)CategoryUS Assets MafraqTotal1P1.340.421.762P2.740.523.263P3.590.624.21 The main changes to this year’s reserve volumes are: A reduction of 1.0 mil