Financial Investments

In 2016, ULiège made a commitment to exit all investments directly linked to fossil fuels within 5 years and to no longer make any new investments based primarily on oil, coal or natural gas.

At December 31, 2018, even though the 5-year transition period had not ended, ULiège no longer held any investments directly linked to fossil fuels.

Furthermore, following the mentions specified in successive calls for tenders since 2015, the percentage of investments labeled "SRI and/or ethical" is increasing every year, as expired products are increasingly replaced by socially responsible products. SRI products are investments that aim to reconcile economic performance with social and environmental impact, by financing companies and public entities that contribute to sustainable development, whatever their sector of activity. By influencing the governance and behavior of stakeholders, these products promote a responsible economy.

In practical terms, these products, which at the end of 2016 represented 19% of investments made as part of the management of the structural cushion, have gradually taken on greater importance within the investment portfolio. As a result, at December 31, 2020, SRI/ethics-labeled investments accounted for over 35% of our structural cushion (compared with 30% at December 31, 19). It should also be noted that most fund managers, even if they do not yet have an official SRI label for their products, are increasingly integrating a sustainability policy into their management and excluding companies with a major negative impact on climate change from their investment universe.

Politique d'investissement durable à l'ULiège