1. Fossil fuel exposure of external manager strategies and the ability to successfully invest fossil fuel free portfolios going forward are key factors when reviewing selection documentation. For example, documentation may show if excluding such investments comes from explicit (negative) screens or are a consequence of the overall ESG approach leading to sustainable investments. Managers also need to be able to report on this exposure on an ongoing basis.
2. Through our investment consultant, we also study detailed ESG DDQ responses from managers. Operational and investment due diligence documentation from our consultant also provides key RI-related information.