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Calvert US Large Cap Core Rspnb Idx A CSXAX Sustainability

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Sustainability Analysis

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Sustainability Summary

Calvert US Large Cap Core Rspnb Idx Fd has a number of positive attributes that a sustainability-focused investor may find appealing.

This strategy has an above-average Morningstar Sustainability Rating of 4 globes, indicating that the ESG risk of holdings in its portfolio is relatively low compared with those of its peers in the US Equity Large Cap Blend category. ESG risk measures the degree to which material environmental, social, and governance issues, such as climate change, biodiversity, human capital, as well as bribery and corruption, could affect valuations. ESG risk differs from impact, which is about driving positive environmental and social outcomes for society’s benefit.

Based on its latest prospectus, sustainability or ESG factors are a focus in the investment process of Calvert US Large Cap Core Rspnb Idx Fd. Funds with ESG-focused mandates are more likely to deliver positive sustainability outcomes. One key area of strength for Calvert US Large Cap Core Rspnb Idx Fd is its low Morningstar Portfolio Carbon Risk Score of 5.37 and very low fossil fuel exposure over the past 12 months, which earns it the Morningstar Low Carbon Designation. Thus, the companies held in the portfolio are in general alignment with the transition to a low-carbon economy.

Calvert Us Large Cap Core Rspnb Idx Fd shows 18.3% involvement in carbon solutions. This percentage surpasses the 13.1% average involvement of its peers in the Large Blend category. Carbon solutions include products and services related to renewable energy, energy efficiency, green buildings, green transportation, and so on. The fund aims to avoid, or limit exposure to, companies in violation with international norms, such as the UN Global Compact or the Universal Declaration of Human Rights.

By prospectus, the fund aims to avoid, or limit its exposure to, companies associated with controversial weapons, tobacco, and and small arms. The fund mostly fulfills this goal; however, it does exhibit 0.24% exposure to companies involved in small arms. This compares with 0.86% for its average peer in the US Equity Large Cap Blend category. The fund has a modest level of exposure (6.75%) to companies with high or severe controversies. Companies with controversies are involved in incidents such as corruption, employee abuses, and that pose some degree of business risks to the company. Severe and high controversies can have significant financial repercussions, ranging from legal penalties to consumer boycotts. In addition, they controversies can damage the reputation of both companies themselves and their shareholders.

ESG Commitment Level Asset Manager

 | Basic