Definition
We consider ESG to be part of the corporate performance criteria that tell us something about the robustness of a portfolio fund manager's governance mechanisms and its ability to effectively manage environmental and social risks, opportunities and impacts.
Our position
We believe the professional integration of ESG factors can be a source of cost savings and value creation. In addition, current research supports the claim that good corporate management of ESG issues typically results in improved operational metrics.
Also, we recognize that addressing ESG issues often is a crucial part of investment risk management as the impacts of climate change will affect most asset classes and must be considered carefully.
And finally, we are concerned about the state of the world and believe that companies should strive to limit their negative impacts and/or contribute to the transition to a more sustainable economy.
Our approach
We strive to influence portfolio fund managers to accomodate the ESG priorities of our investment communities. However, we always:
- Evaluate fund managers' commitment to ESG by applying our ESG Maturity Model during due diligence
- Maintain ESG risk assessments post investment
- Evaluate the investment scope of the funds from an ESG perspective
- Work to deepen our understanding of the rapidly evolving ESG domain through training and knowledge sharing
For more details on how we work with ESG across the investment process, read our ESG policy.
"The ESG due diligence is part of the final investment recommendations that are evaluated by the investment committee."
Our commitments
We are committed to support and implement the universal sustainability principles defined by the UN Global Compact and the UN Principles for Responsible Investment.
Furthermore, we adhere to an exclusion policy as defined in our sustainable finance disclosures.