In 2022, the ESG.IAMA label was born. A recognition to the Asset Managers that accept the challenge of the ESG Identity Asset Manager Assessment.
What does it mean to accept the challenge of ESG.IAMA?
1. SUSTAINABILITY AS A PRIORITY
It means investing in a dialogue/confrontation on the topic of Esg factors, under the banner of stakeholder engagement and interaction, key aspects of sustainability. The questionnaire submitted to the Asset Managers is a challenge of understanding and induction on Esg frontiers.
2. ORGANIZATIONAL CULTURE AND ESG PURPOSE
It means deeming it important to improve and compare one’s organizational culture, which is considered an enabling factor of long-term sustainable identity. And demonstrating having a higher purpose, an Egs Purpose, prerequisite to be always on the frontier of sustainability.
3. COHERENCE BETWEEN ITS PRODUCTS AND THE ASSET MANAGER
It means making sustainability an integral and determining part of one’s business and governance. Which translates into “being sustainable” before even “selling sustainable products.”
Which is the label’s value?
It certifies the Asset Manager’s ability to expose itself on these three areas and signals the activation of a serious path to transform and evolve its Identity through the Esg key. It is not an outcome stamp, but an indicator of consistency, commitment and vision.
Why a label?
The ESG.IAMA label was born within the path of the ESG Identity Asset Manager Assessment, a scientific project developed by ET.Group in 2022. The research is the first quantitative index that set out to measure the Asset Managers’ ESG Identity, which includes the set of distinctive elements of an entity, starting from its organizational structure (governance) to the ESG consistency and coherence of its products to the market, going through the ways in which the entity thinks (its ESG corporate culture) and engages on the sustainable front (its ESG purpose).
The results of the ESG.IAMA project have created great knowledge value.
- For the system, from the Asset Managers community to investors, because trend analysis allows for the development of dialogue, discussion, and the identification of trends and best practices.
- For the Asset Managers, because it allows them to have a tool to: 1. Implement awareness; 2. Develop internal alignment and comparison between functions; 3. Benchmark against other Asset Managers; 4. Develop benchmarking with themselves.
Today, the ESG.IAMA project has taken on the connotations of an indicator of the Asset Manager’s ESG Identity.
Therefore, it can also represent great value in terms of recognition for the Asset Managers.
That is why the ESG.IAMA label was created: it is an award for courage, commitment and the belief that we are on the frontier of sustainability.