Increasing our positive impact on society
Ostrum AM is actively committed to developing its positive impact on society and to be exemplary in its internal operations. This commitment involves reducing our carbon footprint, adopting responsible purchasing policy and management of resources, as well as leading corporate philanthropythat highlight our employees’ commitment. Ostrum AM also actively participates in market and collaborative initiatives to improve investment practices across the industry, in line with the UN’s Sustainable Development Goals.
MANAGING OUR CARBON FOOTPRINT
CONCRETE MEASURES TO REDUCE OUR EMISSIONS
- Ensuring eco-friendly management of our buildings: The real-estate division of Natixis Workplace Management is in charge of monitoring and maintaining the technical facilities used by Ostrum AM. This unit is ISO 9001 and ISO 14001 certified. Furthermore, the new building occupied by Ostrum AM since March 2018 is certified for its high environmental performance (NF Bâtiments Tertiaires, Démarche HQE®, HPE, Effienergie+ and BREEAM® certifications*).
- Preventing environmental and pollution-induced risks: Employees in charge of monitoring, managing and maintaining our buildings have received specific training on BPCE Group’s Regulatory and Environmental Charter to gain a comprehensive understanding of the protocols and means used to prevent environmental pollution-induced risks.
- Engaging and mobilising our staff: a series of events are planned throughout the year to encourage employees to adopt the good practices needed to limit our environmental impact.
- Promoting a responsible business travel policy: numerous initiatives are deployed to limit the impact of business travel like CO2 emission ceilings for our vehicle fleet, parking area for bycicles etc.
OFFSETTING 100% OF OUR CARBON EMISSIONS
Every year since 2016, Ostrum Asset Management has been offsetting all its carbon emissions. Led by a participatory working group, this approach is based on several eco-projects implemented in conjunction with our partner EcoAct.
For exemaple, the “borehole rehabilitation” eco-project in Eritrea, supported by Ostrum AM, aims at repairing broken boreholes to provide access to quality drinking water with a low carbon impact. With the drilling, locals won’t have to boil their water to make it drinkable, thus reducing the community’s carbon emissions.
ENSURING SUSTAINABLE RESOURCE MANAGEMENT
- Eliminating plastic cups: 300 reusable Gobi bottles were distributed to employees in 2019; Elimination of most plastic cups in cafeterias and offices, replaced by glass cups and glasses
- Eliminating cigarette butts: 3,2 kg of cigarette butts recycled thanks to the installation of Cy-clope ashtrays outside our headquarter building
- Water: Automated water systems with motion sensors in lavatories
- Waste management: sorting and recycling of office paper
and plastics ; collection and specific recycling of used ink cartridges and batteries ; recovery of e-waste.
- 100% Paperless : -89 % of paper consumed between 2018 and 2019.
OUR RESPONSIBLE PROCUREMENT POLICY
- Assessing our suppliers on social and environmental issues
- Promoting official eco-labels and eco-designed products
- Incentivising suppliers to be more transparent.
To achieve this policy, we use:
- Responsible procurement guidelines, which lay out the regulatory social and environmental criteria
- A supplier relationship charter which reaffirms our sustainable development values
- Sustainable development clauses included in calls for tenders and contracts
A PARTNERSHIP APPROACH TO PHILANTROPY
After consulting all its employees, Ostrum AM partnered with non-profit association Planète Urgence in 2018. The association supports development projects for vulnerable or economically isolated people and for the preservation of natural environments by intervening through voluntary work, most notably via the Congé Solidaire scheme and through reforestation and economic support projects.
Ostrum AM has decided to support the AP-HP Foundation (Public Assistance – Paris Hospitals) in its research into combating the virus for a period of three years. This initiative will help support one or several research projects selected by the Foundation across all areas: patient treatment trials, prevention for caregivers, research into patient homecare, etc. We have also decided to set up a collection so that all staff can each individually contribute if he wants to this initiative.
OSTRUM AM IS COMMITTED TO RESPONSIBLE INVESTMENT
Ostrum AM is actively involved in market groups and bodies to help build the responsible investment standards of tomorrow, and ensure the dissemination and harmonisation of CSR and ESG issues.
OUR MARKET COMMITMENTS
Ostrum AM is also committed to
OUR COLLABORATIVE ENGAGEMENTS
Ostrum AM partners with other investors to raise awareness on the importance of ESG and CSR issues among issuers, governments and regulators.
New Engagements in 2020
Commitement of global investors regarding meat supply - Phase II
|Life on Land
Investor Statement for the need for biodiversity impact measures
|Good Health and Well-Being
Investor Statement on the response to coronavirus
Aims to encourage the companies in which we invest to ensure the well-being of their stakeholders.
- Decent Work and economic Growth|
Open letter to investors for EU leaders on a sustainable recovery following COVID-19
|Life on Land
Traceability of indirect suppliers in the Brazilian livestock supply chain
Aims to fight against deforestation in the Amazon rainforest.
Science Based Target Campaign
To enable investors to encourage more ambitious companies by specifically asking them to set targets based on science (SBT).
The 30% Club Investor Group
Aims to increase the representation of women in the SBF120 management teams to at least 30% by 2025.
Our Corporate Social Responsibility
Our CSR News
04/15/2021 viewsArticleOn February 12, Ostrum co-signed an investor letter to the British Prime Minister, raising strong co ...
03/05/2021 viewsArticleGender equality has long been a priority for Ostrum AM and forms a crucial dimension of its CSR poli ...
12/10/2020 viewsPress releaseOstrum Asset Management (Ostrum AM), an affiliate of Natixis Investment Managers, has revised its co ...