KBC-Life Managed Portfolio Comfort SRI Defensive

KBC
Product Identification
Product type: 
Class 23 Insurance fund
Manager(s): 
KBC Asset Management
Distributor(s): 
KBC Bank nv/ CBC Banque SA
Sustainability strategies used in the product
Exclusion of certain controversial activities: 
Selecting the best performing companies or countries in a peer group: 
Screening based on international norm & standards: 
Integration of non-financial criteria in the selection process: 
Focusing on specific sustainability themes: 
Pursuing measurable societal impact: 
Engaging in a dialogue with companies and/or exercising voting rights: 

Engagement is always performed towards energy and electricity sector companies, if applicable.

Sustainability policies applied
UN Global Compact
Exclusion of companies and countries involved in UN Global Compact violations: 
Policy type: 
Quantitative restrictions
Weapons
Exclusion of companies significantly involved in weapons: 
Policy type: 
Quantitative restrictions
Max. allowed company involvement (% of revenue): 
0%, 5% for non-weapons related military contracting
Max. allowed company involvement in controversial weapons (% of revenue): 
0%
Tobacco
Exclusion of companies significantly involved in tobacco: 
Policy type: 
Quantitative restrictions
Max. allowed company involvement (% of revenue): 
0% production, 10% distribution and retail
Fossil Fuel Extraction
Coal Extraction
Exclusion of companies significantly involved in coal extraction: 
Policy type: 
Quantitative restrictions
Max. allowed company involvement (% of revenue): 
0%
Unconventional Oil & Gas Extraction
Exclusion of companies significantly involved in unconventional oil & gas extraction: 
Policy type: 
Quantitative restrictions
Max. allowed company involvement (% of revenue): 
0%
Companies with a higher involvement in unconventional oil & gas extraction can be included within strict limits: 
No
Conventional Oil & Gas Extraction
Exclusion of laggard conventional oil & gas extraction companies: 
Policy type: 
Quantitative restrictions
Min. required share of natural gas and/or renewables: 
No more than 0% revenue from conventional oil & gas extraction
Portfolio exposure to the fossil energy sector (indicative): 
< 0,1%
Electricity Generation
Exclusion of laggard electricity generation companies: 
Nuclear energy policy type: 
Quantitative restrictions
Max. allowed carbon intensity or energy mix: 
Carbon emission intensity less than 429 gCO2/kWh or Energy mix max. 0% coal, 0% oil&gas, 30% nuclear
Portfolio exposure to the non-renewable electricity utility sector (indicative): 
< 0,1%
Tolerance for improving oil & gas and electricity companies
Max. share of the portfolio: 
0%
Other policies
Approach towards biodiversity: 
Part of ESG risk analysis
Approach towards water use: 
Part of ESG risk analysis
Approach towards taxation: 
Part of ESG risk analysis
Approach towards investing in agricultural commodities: 
Quantitative restrictions
Policies on other topics: 
Gambling , Adult entertainment, Fur & leather

Detailed policies can be found on the manager's website, on the product webpage (see links above) or on request by contacting the manager or distributor.

Country screening
Sustainability analysis of countries: 
Approach towards oppressive regimes: 
Qualitative conditions
Approach towards the death penalty: 
Part of ESG risk analysis
Portfolio Details
Portfolio carbon intensity (indicative): 
Not reported
Data sources used
Country ESG analysis data sources: 
Internal methodology based on data from amongst others: IMF, the World Bank, World Economic Forum, WHO, UN For International treaties, …
Corporate ESG analysis data sources: 
Sustainalytics, ISS Ethix, Norwegian Pension Fund, analyst team of KBC AM, SRI Advisory Board, World Bank, Freedom House

Important Notice

  • The information on this website is merely intended to help investors understand how financial products that have been awarded the “Towards Sustainability” label apply the requirements of the Towards Sustainability label to certain financial products.
  • The information on this website is no marketing material.
  • The information on this website does not constitute an invitation to invest in the financial products referred on this website. Persons considering investing in those financial products should refer to the website of the manufacturer of the product and consult all relevant product information and documents before doing so. They should also consider whether the relevant products are suitable for them, given their knowledge and experience, their financial situation and their investment objectives and needs.
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  • The release, publication or distribution of the materials on this website in certain jurisdictions may be restricted by law. Persons in such jurisdictions into which they are released, published or distributed, should inform themselves about, and observe, such restrictions.
  • Note that not all products are offered to retail clients in Belgium.
  • The information on this website is based on information received from the product manager. The information on this website will be updated from time to time. No investment decisions should be based relying only on the information on this website.