During the selection process we expect from managers to be a UNPRI signatory. Furthermore in the selection process we discuss the way in which they integrate ESG in their investment decisionmaking. To arrive at a short list many criteria are scored, of which ESG integration is one.
Upon appointment we formally put in the Investment Management Agreement the manager's obligation to integrate ESG criteria.
When monitoring, ESG is discussed in each quarterly review conference call with the manager. The manager also has to adhere to our restriction list.