Sasria's investment principles support the generation of long-term sustainable returns which is dependent on a stable, well-functioning and well governed ESG systems.
Sasria's investment beliefs support the code of responsible investing in South Africa as well as PRI
The overall strategy takes a wider view, acknowledging the full spectrum of risks and opportunities facing Sasria, in order to allocate its assets in a manner that is aligned with the short and long-term interests of Sasria.
Sasria strives to continuosly improve its approach to responsible investing by gaining a thorough understanding of the asset managers responsible investing approach through annual due diligence reviews.
Asset consultants are requested to perform ESG benchmarking exercise to measure Sasrias performance.
Sasria engages with its asset managers on a regular basis to gain feedback on any discussions held with companies regarding environment, social and goverance aspects.
The Board has taken the decision that any voting rights accruing to Sasria in its capacity as a shareholder will be delegated to the asset manager in terms of the portfolio management agreement, except when otherwise instructed by the Board of Directors. Sasria monitors the proxy voting activity on its portfolio on a quarterly basis.