The UNamur investment policy

In view of the social and environmental issues that each actor has to face, the University of Namur adopts a policy of ethical and sustainable management of its portfolio of movable investments.

The Board of Directors, having taken note of the orientations currently favoured in the management of this portfolio, wished to consolidate these positions, structure them and reinforce them by adopting ten strong guiding principles in terms of ethical and sustainable investments:

  1. Our funds are managed and held by ESG/SRI certified financial intermediaries;
  2. The portfolio does not contain any currencies considered controversial by the financial and banking operators with which the university works;
  3. The portfolio's bond lines do not contain any countries considered controversial by the financial and banking operators with which the university works;
  4. The individual line portfolio is not invested in the following sectors: the gambling industry, the sex industry, tobacco production, arms manufacturing, coal mining, non-conventional oil and gas extraction (shale, tar sand, Arctic exploration...);
  5. The portfolio in individual lines is not invested in precious metals, precious metal mining, the commodities segment including notably foodstuffs;
  6. All individual equity lines, which are rated, meet the ESG/SRI criteria confirmed by the ESG/SRI rating systems available on the market.
  7. The portfolio is not invested in funds managed by companies delisted by the Financial Services and Markets Authority (FSMA);
  8. We are gradually converting to SRI funds if a similar fund exists (same procedure for ETFs), with the aim of completing this conversion by 2030;
  9. We have an exit policy if a security acquired in SRI becomes non-SRI;
  10. Our investment policy may include local sustainable companies, outside the ESG/SRI perimeter.


In this sense, recognising the quality of the work done in this area for many years, the Board of Directors is committed to proactively and voluntarily achieving a portfolio of securities with 85% of its assets in ESG (Environmental, Social and Governance)/SRI (Socially Responsible Investment) by 2030.