Sustainability Report 2022

Portfolio checks
Ongoing training
Since 2021, interested investors can have the sustainability of their securities examined by
our experts. Our analyses use a traffic light system to illustrate, for example, the proportion
of undesirable business activities or the CO 2 intensity of a portfolio.
Training our employees is essential to ensure that our clients are properly informed and
advised. That is why they regularly attend programmes and tutorials on the topic of
sustainability. Around half of VZ Asset Management employees have already completed
further training in this area (CFA Certificate in ESG Investing, EFFAS Certified ESG
Analyst, GARP Certificate in Sustainability and Climate Risk). VZ supports such training
and covers 100 percent of the costs. Also in 2022, additional employees have completed
certified ESG training. With these measures, we ensure that the entire asset management
team is familiar with ESG topics and continuously passes this knowledge on to the consultants.
The key topics of sustainable investment are discussed in several meetings every
month. In this way, our asset management staff stay informed about the latest trends and
regulatory requirements.
4.6 Data suppliers and network
In the area of sustainability, we cooperate with renowned data suppliers. We are members
of industry organisations and support an international network for sustainable investment
with the UN Principles for Responsible Investment (UN PRI). These are our main
collaborations:
MSCI ESG Research
VZ uses the expertise and data of MSCI ESG Research, a leading US-based rating agency
in the assessment of sustainability.
Morningstar/Sustainalytics
We enrich our data with information and ratings provided by Morningstar/Sustainalytics,
another major provider of ESG data from the Netherlands and the US.
UN Principles for Responsible Investment (UN PRI)
The UN PRI are an investor initiative in partnership with the UN Environment
Programme UNEP and the UN Global Compact. VZ is a member and has committed to
comply with the six UN PRI principles and to gradually integrate sustainability into its
investment processes. As a member, we contribute to making the financial system more
sustainable.
Swiss Sustainable Finance (SSF)
We are a member of SSF, a platform of financial service providers, investors, universities
and public bodies. The aim of SSF is to make Switzerland the leading centre for sustainable
financial services.
Sustainability report 2022
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