For many years, the Intercommunal Pension Fund has had a charter defining the general principles of its responsible investment policy and, since 2020, a climate investment strategy. With the targets set for 2025 having been achieved, the Board of Directors has revised the climate strategy by setting new targets for 2030.
The Intercommunal Pension Fund (CIP) has an investor responsibility towards its beneficiaries. With a long-term investment perspective, it has been taking environmental, societal, and corporate governance (ESG) issues into account in its investment policy for several years.
In 2015, in order to materialize its commitment, the CIP adopted a charter defining the general principles of the responsible investment policy that it implements through the following 4 axes: Shareholder engagement, ESG integration, Inclusion, Exclusion.
In 2020, to strengthen the resilience of its investments and structure its contribution to a climate-friendly economy, CIP adopted a climate investment strategy. In this strategy, CIP is committed to achieving carbon neutrality in its property portfolios by 2050 and to significantly reducing CO2 emissions from the heat production of its real estate assets.
This approach is an extension of its responsible investment policy and is aligned with the principles ratified by the Paris Agreements and the Confederation.
This climate strategy – up to 2030 – replaces the first version published in October 2020 and essentially includes a strengthening of the measures already applied within the framework of the responsible investment policy.
It details the short- and long-term objectives set and the means defined to achieve them, plans to intensify the management of climate risks and the reduction of the carbon intensity of investments and covers more asset classes.
This update is part of a desire to accelerate the reduction of the negative effects of investments on the climate, while actively promoting those which generate positive effects.
The CIP reviews its climate investment strategy every 5 years.
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