VER’s ESG criteria

In its investment activities, VER focuses on ESG criteria that are consistent with its investment objectives and in respect of which VER is in a position to implement and monitor the criteria, given the resources available. Key criteria:

Respect for the PRI and promotion of ESG goals; Respect for universal international standards; Transparency of ESG issues in all asset classes

Implementation of responsible investing

The methods used in responsible investing may vary in terms of the adopted approach because there is no universally applicable definition of ESG in the investment industry; instead, each player perceives it differently placing the emphasis on different priorities. The methods used by VER to pursue responsible investing are governed by the following considerations with due allowance for the asset class involved: 

Integration of ESG issues in the decision-making process;
Direct monitoring of ESG performance – active ownership; 
Indirect monitoring of ESG performance – passive ownership;
Active participation in meetings of shareholders;

Exercise of influence;
Compliance monitoring;
Exits.