A fully-committed
asset manager
Over the course of 2018, HOMA CAPITAL showed strong interest in responsible investments and identified Green Bonds as instruments capable of providing a reliable impact measurement of each financing.
In 2019, the management company launched the 1st Green fund dedicated to financing projects with an environmental and social impact in France. Since its launch, this fund has helped create more than 15,000 jobs and finance projects that have avoided the emission of over 16 million tons of CO2 per year.
To support its responsible approach, particularly at the “S” level of ESG, HOMA CAPITAL has an impact committee composed of Jean-Claude Mailly, Dr. Jean-Martin Cohen-Solal and Karine Melloul, all three independent directors of the company. They supervise, in particular, the respect of the investment policy with regard to extra-financial criteria and ensure its shareholder commitment.
In April 2021, HOMA CAPITAL signed the PRI agreement and also launched the HOMA Social Impact France fund, which has been awarded the Relance label. Its mission is to improve the social rating of the companies in which it is a shareholder.
HOMA CAPITAL’s commitment is pragmatic: by aiming to improve the social factor, HOMA CAPITAL aims to achieve shared and sustainable prosperity.
HOMA CAPITAL’s ambition is to offer meaningful investment solutions, and the company is thus pursuing two key commitments:
Fostering an inclusive economy
Encouraging solidarity within our economy is essential to produce positive change in society. HOMA Capital prohibits investments related to activities that violate human rights, labor rights, professional ethics, and more generally those that do not comply with key international standards;
Achieving carbon neutrality by 2050
Climate change is undoubtedly one of the most complex and major challenges our society faces today, given its proven effects on the global economy, the physical environment, habitats and populations, as well as its ethical, social and political impacts.
Exclusions
Our framework integrates ESG objectives into the investment process by excluding companies based on normative and sector criteria.
REGULATORY
Objective
Respecting all relevant legal norms
Exclusions
- illegal weapons (e.g. anti-personnel mines, cluster munitions, and biological and chemical weapons)
- Money laundering
- Terrorist financing
- Tax havens
NORMATIVE
Objective
Exclusion of issuers suspected of serious and/or repeated violations of the principles of the Global Compact
Exclusions
Companies with problematic compliance practices :
- Human rights
- Labour Law
- Environment
- Professional ethics and corruption issues
SECTOR
Objectives
- Fight against global warming (by achieving carbon neutrality
before 2050) - Fight against addictions
Exclusions under certain conditions *
- Energies :
Coal
Oil
Nuclear energy - Health and Addiction :
Tobacco
Gambling
Adult Content
* To go further, kindly check our Exclusion Policy
Exclusion
Exclusion of mining companies or power producers deriving a significant part of their turnover from thermal coal mining or coal-fired power generation, unless a clear diversification strategy is in place and consistent with a 2°C / below 2°C scenario and ideally validated by the Science Based Target (SBT) Initiatives.
Exclusion of unconventional gas companies (shale gas, shale oil and oil sands) and the oil sector, starting with the most controversial techniques given their negative impact on the environment.
Exclusion of nuclear power producers: analysis of the strategies of the players in the nuclear sector on a case-by-case basis.
A minimum level of “safety” (Maintaining the integrity of mechanisms, processes, tools or instruments containing radioactive material) and nuclear “security” (protecting people and the environment against malicious acts such as theft, detour or sabotage) are required.
- Exclusion of the tobacco industry: including manufacturers and wholesalers of cigarettes, tobacco, electronic cigarettes and related products
- Exclusion of tobacco leaf growers (excluding production for medical purposes)
- Exclusion from the gambling industry: Any business offering gambling or gambling of chance, whether offline or online.
- Exclusion of companies involved in the gambling industry: printers, distributors, service companies, etc. that generate more than 10% of their turnover from key players in the gambling industry.
- Exclusion of any company producing sexually explicit content.
- Exclusion according to the precautionary principle of all intermediaries between the producer and the final viewer or reader.
- Coal
-
EnergyCOAL
Exclusion of mining companies or power producers deriving a significant part of their turnover from thermal coal mining or coal-fired power generation, unless a clear diversification strategy is in place and consistent with a 2°C / below 2°C scenario and ideally validated by the Science Based Target (SBT) Initiatives.
- Oil, Shale Gas & Oil Sands
-
EnergyOIL, SHALE GAS & OIL SANDS
Exclusion of unconventional gas companies (shale gas, shale oil and oil sands) and the oil sector, starting with the most controversial techniques given their negative impact on the environment.
- Nuclear energy
-
EnergyNUCLEAR ENERGY
Exclusion of nuclear power producers: analysis of the strategies of the players in the nuclear sector on a case-by-case basis.
A minimum level of “safety” (Maintaining the integrity of mechanisms, processes, tools or instruments containing radioactive material) and nuclear “security” (protecting people and the environment against malicious acts such as theft, detour or sabotage) are required.
- Tobacco
-
Health & AddictionTOBACCO
- Exclusion of the tobacco industry: including manufacturers and wholesalers of cigarettes, tobacco, electronic cigarettes and related products
- Exclusion of tobacco leaf growers (excluding production for medical purposes)
- Gambling
-
Health & AddictionGAMBLING
- Exclusion from the gambling industry: Any business offering gambling or gambling of chance, whether offline or online.
- Exclusion of companies involved in the gambling industry: printers, distributors, service companies, etc. that generate more than 10% of their turnover from key players in the gambling industry.
- Adult content
-
Health & AddictionADULT CONTENT
- Exclusion of any company producing sexually explicit content.
- Exclusion according to the precautionary principle of all intermediaries between the producer and the final viewer or reader.
Is committed to...
- Apply its policy to all open funds for which it takes investment decisions. We will not knowingly hold securities of companies which have been identified as breaching the principles set out in this policy.
- Encourage our clients to implement this policy within their dedicated funds and/or mandates managed by HOMA Capital.
Due to their specificities, the following investment solutions are excluded from the application scope:
Fund of funds (FOF)
Index-based investment solutions
