Responsible Investments
A UNPRI signatory since 2015, Mirae Asset (Hong Kong) practices ESG integration for our traditional investment equity strategies. We believe investing in responsibly managed companies makes good business sense.
Our ESG Funds
Invest with us to create sustainable value through ESG.
Key Highlights
One of the pioneers in Asia to launch SFDR Article 8 UCITS funds1
Launched Hong Kong’s first listed ESG product2 as an SFC-authorized green and ESG fund
One of the first asset managers in Hong Kong to become a signatory to the PRI since 20153
Practiced ESG integration, using our own proprietary ESG scorecard, for Asian equity investing since 2016
Climate change is a key topic we consider in our investment processes; we endeavour to allocate capital in support of the transition to a low carbon economy.
Task Force on Climate-related Financial Disclosures (TCFD) Supporter
We understand the importance of consistent and transparent climate disclosures, and strive to work with our investee companies to achieve this common goal.
Asia Investor Group on Climate Change (AIGCC) Member
We work together with the investment community to create awareness and encourage action about the risks and opportunities associated with climate change and low carbon investing.
Net Zero Asset Manager Initiative (NZAMI) Signatory
We support the goal of achieving net zero emissions by 2050 or sooner, in line with global efforts to limit warming to 1.5°C, and intend to align our investments according to this global goal.
1The classification of Mirae Asset Sustainable Asia Sector Leader, Sustainable India Sector Leader, and Sustainable Asia Pacific Equity Funds as financial products within the scope of Article 8 of the SFDR, are effective on 28 January 2022.
2Global X China Clean Energy ETF was authorised by SFC as a green and ESG fund on 13th January 2020. SFC authorization is not a recommendation or endorsement of a scheme nor does it guarantee the commercial merits of a scheme or its performance. It does not mean the scheme is suitable for all investors nor is it an endorsement of its suitability for any particular investor or class of investors.
3Mirae Asset Global Investments (Hong Kong) Limited became a signatory to the PRI (Principles for Responsible Investment) on 24th April 2015.
Tailored to the companies in our portfolio based on the sectors and markets they operate in, our ESG scores are internally audited against third party ESG scores to guarantee quality and control whilst ensuring scores are reflective of the company’s ESG performance based on our first-hand knowledge and expertise.
KEY FEATURES
24 Industry Groups
14 ESG Topics
Sector-specific Materiality
Qualitative and Quantitative Parameters
Company Data and Alternate Data
Environmental
- Emissions
- Resources & Waste Management
- Climate Change
- Biodiversity
- Supply Chain Management (Environmental)
Social
- Human Capital Management
- Health & Safety
- Data Security & Privacy
- Product Liability & Responsible Marketing
- Supply Chain Management (Social)
- Stakeholder Engagement
Governance
- Corporate Governance
- Business Ethics
SDG Impact
- Environmental and Social Opportunities
How is it applied?
Our sector analysts, who are highly knowledgeable on the respective industries they cover, are responsible for completing the Mirae Asset ESG Scorecard for all stocks in their Recommendation List. Moreover, as sector analysts are the key contact points with investee companies, they can act as effective enforcers of ESG engagement to influence companies to improve their ESG performance if required. ESG scores for all active holdings are updated on an annual basis. Should there be material ESG controversies or events, sector analysts or portfolio managers are also responsible to update a stock’s ESG score within 3 months if required.
Examples of ESG Scorecards
A few examples of sector-specific ESG Scorecards are provided below.