As shown above, Perennial collects ESG research from a range of sources including but not limited to internal fundamental research, extensive company meetings, public available sustainability and company reports, external ESG provides such as, CGI Glass Lewis. This research allows Perennial’s analysts to form their own view on each company and the ESG issues that may surround it and integrate this into the company’s valuation.
To promote quality research from the sell-side we discuss ESG issues with broking analysts so they are aware that we value their input. More formally, we include the quality of ESG research as part of our Broker panel analysis. Each broker is assessed during this analysis with these results used to allocate brokerage.