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;
The fundamental policies outlined in our responsible investing may only be revised by the decision of VER’s Board of Directors. VER’s Management Team issues guidelines and seeks to develop the procedures to promote the practical implementation of the principles of responsible investing.
The screening criteria is defined in our policy for responsible investing which is reviewed by continuous basis.
We do not actively notify our clients nor our beneficiaries about changes made in our responsible policy.