Brussels, 30 June 2011 – Dexia Asset Management (Dexia AM) has released its 2010 Sustainability Report.
Dexia AM has a longstanding culture of sustainability. As early as 1996, Dexia AM took the lead in developing sustainable and responsible investment in a professional asset management context.
However, for Dexia AM, being a responsible asset manager goes beyond boasting a leading position in SRI.
“While business is, of course, all about value creation, Dexia AM has always believed it is sustainable value creation that makes the difference. Economic growth and profits can only be sustainable when businesses behave responsibly and look beyond the immediate present by giving appropriate consideration to social, environmental and governance aspects.” states to Naïm Abou-Jaoudé, CEO of Dexia AM.
“Being responsible” for Dexia AM is also about:
- a commitment to behave responsibly towards all our stakeholders, towards the environment and towards the community;
- a commitment to take into account, in strategic business choices, the global trends shaping tomorrow’s world.
- fostering synergies between SRI and traditional investment activities;
Naïm Abou-Jaoudé explains why sustainability is important for an asset manager as Dexia AM: “We believe that this innate responsible and sustainable perspective constitutes a valuable distinguishing edge. It makes us steer clear of risky short-term behaviour and helps us anticipate influential trends; most of all, however, it strengthens our position as a reliable, trustworthy partner, capable of creating sustainable value for our clients in a rapidly changing world.”
About Dexia and Dexia Asset Management Belgium, Luxembourg and Turkey and on Public and Wholesale Banking, providing local public finance operators with comprehensive banking and financial solutions. Asset Management and Services provides asset management, investor and insurance services, in particular to the clients of the other two business lines. The different business lines interact constantly in order to serve clients better and to support the Group’s commercial activity.
Dexia Asset Management lies at the heart of Dexia group’s asset management activities, specialising in financial analysis, fund management and institutional and private mandates. Dexia AM is a first-tier, pan-European player managing EUR 86.3 billion (as at end March 2011) in assets, distributed among a full range of investment vehicles, including traditional management, alternative management and sustainable management. Dexia Asset Management has management teams in Brussels, Luxembourg, Paris and Sydney and sales teams throughout Continental Europe, Canada, Australia and Bahrain.
www.dexia-am.com
For more information
Ilse Devynck, Dexia Asset Management – ilse.devynck@dexia.com -Tel: +32 2 222 81 67
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