glossary glossary
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glossary glossary

What makes us unique

AN INTEGRATED VISION OF ESG ANALYSIS

Carried out directly by fund manager/analysts

DIRECT DISCUSSIONS WITH BUSINESS LEADERS ON ESG ISSUES

Engagement | Voting

QUANTITATIVE AND SYSTEMATIC INTEGRATION INTO ALL MANAGEMENT

Equities | Fixed Income | Multi-Asset

SRI MANAGEMENT PROCESSES ADAPTED TO EACH STRATEGY

Best-in-Universe | Best-in-Class | Exclusion

Source: Lazard Frères Gestion.
1 SRI-labelled funds as of 31 July 2023, Institutional Management and Private Management scope.
The opinion expressed above is subject to change.

€0bn
in SRI-labelled
assets
under
management1
0
SRI-labelled
funds1
0%
of funds
integrate ESG
François-Marc Durand

François-Marc Durand

Chairman of Lazard Frères Gestion
Now more than ever, the interactions of companies with their social, economic and financial environment determine their lasting presence in the economic landscape.

Our collective commitments

glossary glossary

What makes us unique

AN INTEGRATED VISION
OF ESG ANALYSIS

Carried out directly by fund manager/analysts

DIRECT DISCUSSIONS WITH
COMPANY LEADERS ON ESG ISSUES

Engagement | Voting

QUANTITATIVE
AND SYSTEMATIC INTEGRATION IN ALL MANAGEMENT

Equities | Fixed Income | Multi-Asset

SRI MANAGEMENT PROCESSES
ADAPTED TO EACH STRATEGY

Best-in-Universe | Best-in-Class | Exclusion

€0bn
in SRI-labelled
assets
under
management1
0
SRI-labelled
funds1
0%
of funds
integrate ESG

Source: Lazard Frères Gestion.
1 SRI-labelled funds as of 31 July 2023, Institutional Management and Private Management scope.
The opinion expressed above is subject to change.

François-Marc Durand

François-Marc Durand

Chairman of Lazard Frères Gestion
Now more than ever, the interactions of companies
with their social, economic and financial environment
determine their lasting presence in the economic landscape.

Our collective commitments

OUR COMMITMENT

.

Trusting
science

The scientific community anticipates continued global warming linked to the build-up of greenhouse gases in the atmosphere.

Everyone must do their part to address this problem, including companies, public administrations, consumers and investors.

.

Selecting virtuous
companies

Our role as an investor gives us real leverage in environmental, social and governance matters.

Aligning the interests of all stakeholders requires credible and effective corporate governance.

.

Transforming
the economy

We allocate the capital entrusted to us to companies with responsible and sustainable projects.

We encourage the companies we invest in to continually improve by means of direct engagement.

.

Benefiting from a
virtuous circle

Investing in institutions that have grasped these future challenges is therefore less risky and offers better long-term prospects.

This approach builds a virtuous circle for companies, investors and society as a whole.

Because investing for the future starts now.

our ESG approach

our ESG approach<
.
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CLIMATE POLICY

CLIMATE POLICY
.
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glossary glossary

SRI-labelled funds AND SFDR Article 9

Fonds labellisés ISR
Equities
Lazard Alpha Euro SRI
Lazard Dividend LowVol SRI
Lazard Equity
Inflation SRI
Lazard Equity SRI
Lazard Small Caps Euro SRI
NORDEN SRI
Multi-Asset
LAZARD PATRIMOINE SRI
LAZARD PATRIMOINE
OPPORTUNITIES SRI
LAZARD PATRIMOINE
ACTIONS SRI
Fixed Income
Lazard Capital Fi SRI
Lazard Credit Fi SRI
Lazard Short Duration SRI
Lazard Euro Short Duration
High Yield SRI
Lazard Euro Credit SRI
SFDR Article 9 funds
9
Lazard Human Capital
9
LAZARD GLOBAL GREEN
BOND OPPORTUNITIES

For more information on product features, please refer to the prospectus available at www.lazardfreresgestion.fr or from our company on request.

Gestion Institutionnelle
Find out more about our

Institutional Management

Gestion Privée
Find out more about our

Wealth Management

OUR RESPONSIBLE MANDATE

NOTRE MANDAT RESPONSABLE

Extra-financial documentation

- Sustainability information – Summary

- Sustainability information

This is a marketing communication and is not intended to constitute investment advice. Past performance is not a reliable indicator of future results. The value of investments and the income from them can fall as well as rise and you may not get back the amount you invested. Any yield quoted is gross and is not guaranteed. It is subject to fees, taxation (particularly where presented gross of fees and taxes, which is specifically relevant for retail clients with Belgian residence) and charges within the portfolio and the investor will receive less than the gross yield. There can be no assurance that the portfolio's objectives or performance target will be achieved. Any views expressed herein are subject to change. The returns from your investment may be affected by changes in the exchange rate between the portfolio's base currency, the currency of the portfolio's investments, your share class and your home currency. The information provided herein should not be considered a recommendation or solicitation to purchase, retain or sell any particular security. It should also not be assumed that any investment in these securities was or will be profitable. The mandate presents a risk of capital loss. The tax treatment of each client will vary and you should seek professional tax advice. For any information on the risks and financial and extra-financial characteristics of the responsible mandate, please contact at Lazard Frères Gestion or consult our website https://www.lazardfreresgestion.fr/EN/ESG-ISR/Notre-conviction_112.html

.

Exclusion

We do not invest in controversial weapons, companies that violate the United Nations Global Compact, tobacco or thermal coal.

.

Investment

We identify ESG opportunities and risks to select the investments to be included in your portfolio.

.

Engagement

We implement a policy of engagement with the companies in which we invest in order to promote their sustainable growth.

Find out more about our

Wealth Management

glossary glossary
Gestion Institutionnelle
Find out more about our

Institutional Management

Gestion Privée
Find out more about our

Wealth Management

SRI-labelled funds AND SFDR Article 9

Fonds labellisés ISR
Equities
Lazard Alpha Euro SRI
Lazard Dividend LowVol SRI
Lazard Equity
Inflation SRI
Lazard Equity SRI
Lazard Small Caps Euro SRI
NORDEN SRI
Multi-Asset
LAZARD PATRIMOINE SRI
LAZARD PATRIMOINE
OPPORTUNITIES SRI
LAZARD PATRIMOINE
ACTIONS SRI
Fixed Income
Lazard Capital Fi SRI
Lazard Credit Fi SRI
Lazard Short Duration SRI
Lazard Euro Short Duration High Yield SRI
Lazard Euro Credit SRI
SFDR Article 9 funds
9
Lazard Human Capital
9
LAZARD GLOBAL GREEN
BOND OPPORTUNITIES

For more information on product features, please refer to the prospectus available at www.lazardfreresgestion.fr or from our company on request.

OUR RESPONSIBLE MANDATE

NOTRE MANDAT RESPONSABLE

This is a marketing communication and is not intended to constitute investment advice. Past performance is not a reliable indicator of future results. The value of investments and the income from them can fall as well as rise and you may not get back the amount you invested. Any yield quoted is gross and is not guaranteed. It is subject to fees, taxation (particularly where presented gross of fees and taxes, which is specifically relevant for retail clients with Belgian residence) and charges within the portfolio and the investor will receive less than the gross yield. There can be no assurance that the portfolio's objectives or performance target will be achieved. Any views expressed herein are subject to change. The returns from your investment may be affected by changes in the exchange rate between the portfolio's base currency, the currency of the portfolio's investments, your share class and your home currency. The information provided herein should not be considered a recommendation or solicitation to purchase, retain or sell any particular security. It should also not be assumed that any investment in these securities was or will be profitable. The mandate presents a risk of capital loss. The tax treatment of each client will vary and you should seek professional tax advice. For any information on the risks and financial and extra-financial characteristics of the responsible mandate, please contact at Lazard Frères Gestion or consult our website https://www.lazardfreresgestion.fr/EN/ESG-ISR/Notre-conviction_112.html

.

Exclusion

We do not invest in controversial weapons, companies that violate the United Nations Global Compact, tobacco or thermal coal.

.

Investment

We identify ESG opportunities and risks to select the investments to be included in your portfolio.

.

Engagement

We implement a policy of engagement with the companies in which we invest in order to promote their sustainable growth.

Extra-financial documentation

- Sustainability information – Summary

- Sustainability information

Gestion Privée
Find out more about our

Wealth Management

glossary glossary

Lazard Frères Gestion sees investment as a long-term driver for economic, social and human development. This vision is reflected in the integration of environmental, social and governance (ESG) criteria into all our activities, from financial and extra-financial analysis to shareholder dialogue and the construction of our portfolios.

Our ESG Approach
.
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Climate policy
.
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Our Sustainable Investment Methodology (SFDR)
.
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The investment process at Lazard Frères Gestion is characterised by active management with a long-term investment perspective. Moreover, through constant dialogue with company management and our voting policy, we can also constructively influence the company’s behaviour in terms of governance, as well as on social and environmental issues, based on a voluntary approach.

Engagement and Voting policy
.
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Report on the use of voting rights
.
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ENGAGEMENT REPORT
.
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Several European and French regulations have emerged to regulate sustainable investment and seek to develop a precise overall framework. Their aim is to make it easier for financial market players to align their investment strategies with EU climate and social objectives. As a long-term investor, Lazard Frères Gestion is firmly in favour of the transition to greener and more responsible finance and so, in complete transparency, publishes several policies and reports on our practices in terms of sustainability.

List of OPCs that integrate ESG criteria
.
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Methodological note
.
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We have developed an SRI offering intended to satisfy our most demanding clients by offering them products that incorporate more advanced sustainability criteria. The extra-financial performance of our SRI funds is subject to in-depth publications that track the most relevant environmental, social and governance indicators, as set out in the following Transparency Codes.

TRANSPARENCY CODE – Equities
.
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TRANSPARENCY CODE – Fixed Income
.
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TRANSPARENCY CODE – Multi-Asset
.
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TRANSPARENCY CODE – Private Management
.
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TRANSPARENCY CODE – Systematic Management
.
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glossary glossary

ESG
TEAM

ESG analysis is part of our fundamental analysis and is taken into account in investment decisions across all asset classes.

ESG
Thibaut Mihelich

Thibaut Mihelich

Head of ESG

Claire Nguyen-Quang

Claire Nguyen-Quang

ESG Specialist
Fixed Income Management

Omar Slaoui<

Omar Slaoui

ESG Specialist
Fixed Income Management

Armance Palleau

Armance Palleau

ESG Specialist
Private Management

Axel Berrebi

Axel Berrebi

ESG Specialist
Equities Management

Marianne Pichaud

Marianne Pichaud

ESG Specialist
Equities Management

Private Management

16 Portfolio Managers

Institutional Management

FIXED INCOME

11 Portfolio Managers

Equities

12 Portfolio Managers
Our teams are traditionally stable, although we cannot guarantee the presence of the above-mentioned individuals.
glossary glossary
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  • H
  • I
  • J
  • K
  • L
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  • O
  • P
  • Q
  • R
  • S
  • T
  • U
  • V
  • X
  • Y
  • Z
  • Captage et stockage du CO2 (CCS) 
  • Climat
  • Changement climatique 

Captage et stockage du CO2 (CCS)

Processus consistant à extraire un courant gazeux de dioxyde de carbone relativement pur des sources d’émission industrielles et énergétiques, à le conditionner, le comprimer et le transporter vers un site de stockage afin de l’isoler de l’atmosphère pendant une longue période.

glossary glossary

DISCLAIMERS

This web page aims to include all documentation relating to LFG’s ESG approach and sustainable investment. These extra-financial items should be linked to the funds’ financial documentation. A copy of full Prospectuses, the Key information document for packaged retail and insurance-based investment products (PRIIPs) and the most recent financial statements in English and other languages, where relevant, can be obtained upon request at www.lazardfreresgestion.com [provide the precise link to the documentation]. Existing and potential investors are advised to read them and take note of the risk warnings. Investment decisions must be based on the review of all fund documentation; final investment decisions should not be made solely on the basis of this message. Lazard Frères Gestion reserves the right to withdraw funds from marketing at any time and without notice.

Past performance is not a reliable indicator of future performance. The value of investments is subject to market fluctuations and the income they generate may rise and fall. They are subject to the risks inherent in any investment (including the risk of loss of capital) and you may not get back the full amount of the capital you invested. No guarantee can be given that the fund will achieve its investment or performance objectives. The opinions expressed in this document are subject to change. Taxation may vary for each client and it is recommended that you consult a professional tax adviser.

glossary glossary