DWM requires target portfolio companies to complete our Social Impact Questionnaire during the pre-investment due diligence process and then an annual update once an investment has been made to monitor compliance with loan covenants related to social responsibility and social performance progress.
DWM has formally endorsed and become signatories to industry-wide initiatives that promote socially responsible lending, including the UN Principles for Responsible Investment (UNPRI) and the Principles for Investors in Inclusive Finance (PIIF). DWM became a signatory to the UNPRI in 2009 and was an original endorser of the PIIF in 2011. DWM submits annual progress reports for the UNPRI and has participated in the advisory groups for PIIF. Further, DWM is a signatory to the SMART Campaign’s Client Protection Principles (CPP) and requires portfolio companies to take reasonable action to become signatories as well.
In addition, DWM supports the following initiatives that relate to sustainable and responsible investing: Microfinance Information Exchange (MIX), Global Impact Investing Network (GIIN), and Global Impact Investing Ratings System (GIIRS) our second equity fund is in the process of becoming GIIRS rated.