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Russell Inv Global Real Estate Secs C RRSCX Sustainability

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Sustainability Analysis

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Sustainability Summary

Russell Inv Global Real Estate Secs Fd has several promising attributes that may appeal to sustainability-focused investors.

The ESG risk of Russell Inv Global Real Estate Secs Fd's holdings is comparable to its peers in the Real Estate Sector Equity category, thus earning an average Morningstar Sustainability Rating of 3 globes. Funds in the same category rated 4 or 5 globes tend to hold securities less exposed to ESG risk. Unlike impact, which measures positive environmental and societal outcomes attributable to an investment, ESG risk reflects the degree to which investments could be affected by material ESG issues, including climate change, biodiversity, product safety, community relations, data privacy and security, bribery and corruption, and corporate governance.

One key area of strength for Russell Inv Global Real Estate Secs Fd is its low Morningstar Portfolio Carbon Risk Score of 8.87 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. No companies held by Russell Inv Global Real Estate Secs Fd are recognized as being involved in controversies at a high or severe level. From bribery and corruption to workplace discrimination and environmental incidents, controversies are incidents that have a negative impact on stakeholders or the environment, which create some degree of financial risk for the company. Severe and high controversies can have significant financial repercussions, ranging from legal penalties to consumer boycotts. In addition, they can damage the reputation of both companies themselves and their shareholders.

One potential issue for a sustainability-focused investor is that Russell Inv Global Real Estate Secs Fd doesn’t have an ESG-focused mandate. A fund with an ESG-focused mandate would have a higher probability to drive positive ESG outcomes.

ESG Commitment Level Asset Manager