ESG issues are integrated in a number of ways for eight of the nine equity teams. The Realindex team don't currently incorporate ESG factors except for applying the policies on cluster munitions, landmine manufacturers and sanctions lists.
All but one team reduces or prioritises the investment universe (Two always, two often and four sometimes.)
One often and two sometimes overweight/underweight at a sector level (note three teams are sector strategies and so it was not applicable and two teams are benchmark unaware and so don't allocate across sectors)
Six teams overweight or underweight at a stock level as part of overall analysis (one always, three often, two sometimes and two are benchmark unaware and so doesn't seek to over or underweight stocks); and
All eight of the active equity teams' buy and sell decisions consider ESG factors with the frequency and degree to which they influence the decision differing by team based on the type of asset and its circumstances. The majority of teams report their buy/sell decisions are often influenced by ESG factors.