This report shows public data only. Is this your organisation? If so, login here to view your full report.

Avanz Capital

PRI reporting framework 2017

You are in Indirect – Manager Selection, Appointment and Monitoring » Outputs and outcomes

Outputs and outcomes

SAM 11. Percentage of externally managed assets managed by PRI signatories (Private)


SAM 12. Examples of ESG issues in selection, appointment and monitoring processes

12.1. Provide examples of how ESG issues have been addressed in the manager selection, appointment and/or monitoring process for your organisation during the reporting year.

Topic or issue
          Manager selection and due diligence includes review of ESG issues
        
Conducted by
Asset class
Scope and process

During pre-due diligence a short ESG questionnaire is used to receive framework information from the managers. Starting in January 2016, the PRI RI DDQ was used for all due diligence of managers and funds and managers were encouraged to incorporate the PRI RI DDQ into their due dilignece of portfolio companies.

Outcomes

We are incorporating ESG issues into investment analysis. 

Topic or issue
          Reporting across the portfolio of managers on common metrics
        
Conducted by
Asset class
Scope and process

The inital RI Report for Avanz Capital's first fund was released in 2016. The fund is fully deployed and some managers, which added to the portfolio more recently, have few companies to date, so we have taken a deliberate apporach to reporting across the portfolio once meaningful results are available. The process involved re-visiting the Avanz Capital ESG template with all investment managers, particularly the ones who may have received a commitment before we incorporated the template into our side letters. 

Outcomes

We produced a complete report with preliminary results to demonstrate the commitment to the PRI is reporting to our shareholders and to guide the results we are seeking for 2017. 

12.2. Additional information.


Top