Seite 1 oekom research %&'(*-'"0 20105 : 1. oekom research 2. /%0*& 3. oekom Corporate Rating 4. oekom Country Rating!oekom Emerging Markets Risk Assessment -&$ 5. )+#0,.&
Seite 1
oekom research
2010 5
:
1. oekom research
2.
3. oekom Corporate Rating
4. oekom Country Rating oekom Emerging Markets Risk Assessment
5.
2
–––
– 32– 24–
–
– 900 2009 12 )
– 1993– – oekom
oekom
3
Dr. Arthur Braunschweig – E2 Management ConsultingPD Dr. Jürgen Glaser – Caspar von Hauenschild – Transparency InternationalProf. Dr. Johannes Hoffmann – Prof. Dr. Martin Jänicke – Thomas Korbun – Institute for Ecological Economy Research(IÖW)R. Andreas Kraemer – Ecologic InstituteProf. Dr. Gerhard Scherhorn – Wuppertal Insitute for Climate Environmentand EnergyDr. Manuel Schneider – Projektbüro !make sense!Frank Sprenger – SustainableProf. Dr. Bernd Wagner – Prof. Dr. Angelika Zahrnt – German Council for Sustainable Development
Prof. Dr. Thomas Dyllick – Universität St. GallenKlaus Pyter – Greenvest S. A.Jacob Radloff – ökom GmbH
Matthias BönningRobert Haßler, CEO
4
24 *** ***
Matthias BönningMember of Executive Board
Maike Hiltner, (Research Director))Oliver Rüdel, (Research Director) Kristina Rüter, (Research Director)Dietrich Wild, (Research Director)
Maike Hiltner,
(Research Director)
Maike Hiltner ( )
Frauke Demuth
Lisa Häuser
Ellen Mayer
Irina Oswald
Isabelle Reinery
Alexander Weigand
Dietrich Wild ( )
Michael Finette
Anja Löffler
Susanne Schwind
Saskia Themans
Oliver Rüdel ( )
Brigitte Bernard-Rau
Paul Kielmansegg
Claudia Kirschner
Claudia Laube
Marlen Rürup
Reinhold Windorfer
Kristina Rüter ( )
Karsten Greye
Johannes Nikolopoulos
Philipp Rühle
Susanne Schaller
5
––––––
–––––
6
oekom research
– AI CSRR - Association for Independent Corporate Sustainability and Responsibility Research
– CRIC - Corporate Responsibility Interface Center
– Eurosif - European Social Investment Forum
– Forum Nachhaltige Geldanlage (DE)
– UN Principles for Responsible Investment
– UKSIF - UK Social Investment Forum
– Bundesverband Deutscher Stiftungen (Association of German Foundations)
– “Eco-Manager of the Year" announced by the WWF Germany and the economy magazine Capital
– Germanwatch
– KSOE - Katholische Sozialakademie Österreich (Catholic Social Academy of Austria)
7
:
– MSCI World, DJ Stoxx 600, MSCI Emerging Markets
–
–
–
–
oekom Screening Universe
3,000
oekom Corporate Scouting
– ,
– , 200
– , 100
– , 270
– , 0
– , 50
oekom Rating Universe
1,100
oekom Prime Universe
500
oekom Corporate Rating
8
oekom Responsible Investment Products
oekom Responsible Investment Services
• Responsible Investment Advisory• Screening Services• Alert Services• Client Portal
oekom Responsibility Reports
• oekom Corporate Rating Report• oekom Country Rating Report• oekom Industry Reports / Industry Focus• oekom Position Papers
oekom Responsible Investment Portfolios & Indexes
• oekom Portfolio Sustainable Lifestyle• oekom Portfolio Biodiversity & Ecosystem Services• oekom Portfolio Climate Change• Global Challenges Index (GCX)
oekom Risk Assessments
Countries
• oekom Emerging Markets Risk Assessment (EMRA®)
Corporates
• Climate Risk Portfolio Check (CRPC)• Industry Climate Risk Index (ICRI®)• oekom Commodities ESG Screening (OCES)
9
oekom research
( )
: ( )
––
––
oekom Responsible Investment Advisory
10
oekom Responsible Investment Screening Services
11
oekom Responsible Investment Services (I)
oekom Client Portal oekom Alert Service
12
oekom Responsible Investment Services (II)
13
oekom Position Paper oekom Industry Focus oekom Industry Report
oekom Responsibility Reports (I)
14
oekom Responsibility Reports (II)
oekom Corporate Reports oekom Country Reports
15
Allianz Global Investors FranceAGICAMAmpegaGerling InvestmentAmundi Asset ManagementBaden-Württembergische BankBank für Orden und MissionBank für SozialwirtschaftBank VontobelBankhaus JungholzBankhaus Schelhammer & SchatteraBankInvestBayernInvestBNP Paribas Asset ManagementBÖAG Börsen AG Hamburg/Hannover
DekaBankDeutsche BankDJE KapitalDZ BankErste SparinvestEvangelische DarlehnsgenossenschaftGLS GemeinschaftsbankGroupama Asset ManagementHSBC InvestmentsHypoVereinsbank
Central Mission of the FranciscansDeutsche Bundesstiftung UmweltDiocese LinzDiocese Rottenburg-StuttgartEtablissement de Retraite Additionnelle de laFonction Publique (ERAFP)Evangelical Lutheran Church in BavariaFoundation “Remembrance, Responsibility andFuture”MAIFMunich Re GroupReligious ordersPensionskasse NovartisVBV Pensionskasse
Kaiser, Ritter, PartnerKD-BankKepler FondsLandesbank Baden-WürttembergLBBW Asset ManagementLIGA BankMEAGMetzlerMetzler Asset ManagementNatixis Asset ManagementNORDCONÖkoWorld LuxPioneer InvestmentsProventusRaiffeisen Capital ManagementSal. OppenheimSchwyzer KantonalbankSEB Investsks VermögensverwaltungSparkasse OberösterreichSteyler BankUmweltBankUnicreditVINISWilhelm von Finck
16
oekom research
:
– NGO
–
–
:
–
–
–
– Reuters/Factiva
– RepRisk
/
oekom
17
0 3 6 9 12 15 18 21 24
CSR
18
oekom
oekom
Corporate Rating
6
2
19
oekom
3
oekom research
20
oekom
21
oekom
oekom corporate rating
oekom Corporate Rating:
D- D D+ C– C C+ B– B B+ A– A A+
Renault FR
BASF DE
Sharp JP
Groupe Danone FR
Henkel DE
Allianz Group DE
Ericsson SE
Xerox US
Agilent Technologies US
ITV UK a
Norsk Hydro NO
Snam Rete Gas IT
sanofi-aventis FR
Migros CH
BT Group UK ons
Puma DE
EDP PT
D- D D+ C– C C+ B– B B+ A– A A+
Volvo SE
HVB Group DE
22
23
oekom
oekom Emerging MarketsRisk Assessment
oekom Emerging Markets Risk Assessment(EMRA®)
EMRA®
oekom Country Rating
oekom Country Rating oekom ekom
oekom research ekom Country Rating
24
oekom
• OECD
•
• BRIC
•
• Australia • Denmark • Ireland • Mexico • Slovakia
• Austria • Estonia • Israel • Netherlands • Slovenia
• Belgium • Finland • Italy • New Zealand • South Africa
• Bulgaria • France • Japan • Norway • Spain
• Brazil • Germany • Korea, Republic Of • Philippines • Sweden
• Canada • Greece • Latvia • Poland • Switzerland
• China • Hungary • Lithuania • Portugal • Thailand
• Croatia • Iceland • Luxembourg • Romania • Turkey
• Cyprus • India • Malaysia • Russian Federation • United Kingdom
• Czech Republic • Indonesia • Malta • Singapore • United States
25
oekom
Pressure - State - Response
(OECD)
7 Freedoms
( )
oekom Country Rating
50
2001 oekom
26
oekom
Country Rating
6
2
oekom
27
oekom
28
oekom
oekom
D- D D+ C– C C+ B– B B+ A– A A+
...
...
...
...
...
...
D- D D+ C– C C+ B– B B+ A– A A+
...
D- D D+ C– C C+ B– B B+ A– A A+AAA
Standard & Poor s Credit Rating
AA A BBB BB B CCC CC C D
29
EMRA®
1. oekom Emerging Markets Risk Assessment (EMRA®)
2. EMRA®
3. EMRA®
30
Standard & Poors Sovereign Credit Rating
oekom research
: 1% (Pearson) > 0.8
oekom
S&PSovereignCreditRating
31
32
oekom research :
oekom research HVB (2007 ):
oekom PRIME MSCI World
2001 ~
oekom research (2005 ):
oekom ROI)(EPS)2001 ~
oekom research Morgan Stanley (2004 ):
oekom PRIME- NOT- PRIME-
(2001 ~ 2004 )
33
oekom research AGGoethestr. 28D-80336 München
Tel: +49/89/54 41 84-90Fax: +49/89/54 41 84-99
Email: [email protected]: www.oekom-research.com