Explain how you integrate ESG factors in the selection, appointment and monitoring of your passive funds
The focus is on outcomes at the market-level or sector-level. We would expect an external passive equities manager to demonstrate this, usually achieved either by working with large numbers of companies or by working with regulators or industry bodies. Membership of the PRI, robust Stewardship Code statements and advanced stewardship programmes and experienced members of the ESG team are all factors considered, as is a considered and consistent approach to voting.
Additional information. [Optional]