Established in 1967 as a non-profit organization by 12 pension schemes for pension schemes, IST is Switzerland’s first independent investment foundation. Our primary objective is the management of well diversified high-quality collective investments. The selection and monitoring of externally mandated asset managers are subject to our best-in-class criteria. In line with IST's strategic direction, the launch of a new investment group involves large investors as anchor investors. IST's investment policy covers various levels: Consistent positioning, exclusion of sectors and countries using the SVVK recommendations as a last resort Use of ESG-specific benchmarks for investment groups with a strong focus on sustainability Complementing IST's ESG standards with those of external asset managers at investment group level Renovation of directly held real estate assets using best possible sustainability standards, installation of photovoltaic systems if possible Investments in infrastructure assets based on the UN SDGs and further exclusions (nuclear facilities, prisons, military)