Monday 22 July 2019

KBI Investors extend range of responsible investing strategies

Eoin Fahy, head of responsible investing at KBI Global Investors
Eoin Fahy, head of responsible investing at KBI Global Investors
Ellie Donnelly

Ellie Donnelly

KBI Global Investors has extended its range of responsible investing strategies with the introduction of fossil fuel free versions of its global, Eurozone and emerging markets equity funds.

With climate change issues becoming increasingly prominent, the new funds satisfy the concerns and requirements of a growing band of investors, KBI said.

In recognition of its decision to exclude fossil fuel companies from these portfolios, and to give them a distinct identity within the KBI Global Investors suite, the trio of funds have adopted the ‘Integris’ brand.

Reinforcing KBIGI’s decision to launch its new funds, a recent study, ‘1000 Divestment Commitments and Counting’, from global campaign organisation ‘Fossil Free’, found that more than 1,000 institutions with managed investments worth almost $8tn (€7tn) have committed to divest from fossil fuels. 

That is a marked change on the end of 2014 when 181 institutions managing assets in the region of $50bn (€44bn) had made such a commitment.

Eoin Fahy, head of responsible investing at KBI Global Investors said: "We have three decades of experience in managing Responsible Investing portfolios for our clients, and for certain portfolios already rule out investments in certain controversial industries and activities, such as tobacco and weapons." 

"In adding fossil fuel stocks to that list of exclusions, we are enabling investors to declare their investments to be ‘fossil fuel reserves free’.  This affords them the flexibility to make their own decision on this important topic and to implement their investment strategy accordingly."

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