Investment Manager appointments are made following an open and transparent procurement process. Responsible investment is one of the criteria in which managers need to demonstrate their capabilities. The details they provide are assessed and 5% of the total marks is awarded to this criteria. Only those managers who demonstrate satisfactory ESG Practices will be considered for appointment.
NILGOSC monitors and evaluates the performance of its investment managers on a quarterly basis. The evaluation process incorporates qualitative as well as quantitative factors and each individual manager is assessed against a range of pre-determined criteria. One of these criteria is the manager’s ability to integrate ESG issues into the investment process.