Indicate for which of the following externally managed asset classes your organisation, and/or your investment consultants, consider responsible investment factors in investment manager:
(b) Appointment (investment management agreements/contracts), and
Provide a brief description of how your organisation includes responsible investment considerations in your investment manager selection, appointment and monitoring processes.
The Plans prefer but are not limited to investment managers and funds that integrate ESG Policy Criteria in their investment philosophy and security selection process. While considering ESG criteria in the management of the Plans, it is understood that the primary goal remains the long-term objective of preserving and growing the assets for the benefit of the beneficiaries of the Plans.
At present ESG factors are incorporated by reference to the overall investment policy but not specifically. As part of our overall review process were are considering how that may change in the future.
Additional information. [Optional]