PSP Investments has adopted processes and activities in order to integrate ESG factors into the investment process. When making investment decisions within public and private asset classes, PSP Investments assesses a broad range of financial and ESG factors that may have an impact on a company’s competitiveness, risk profile, resilience and, ultimately, long-term viability. In analyzing the risks and opportunities inherent to any investment, PSP Investments looks to identify, monitor and mitigate ESG factors that are, or could become material to long-term financial performance. The materiality of ESG factors varies across companies, industries, geography and time. Therefore, the precise approach to integrating these factors into the investment decision-making process will vary by asset class and investment strategy.
Also, PSP Investments is committed to effectively and efficiently implementing legally-binding investment restrictions it is subject to, and any other investment restrictions that may be determined from time to time by the Board of Directors. PSP Investments therefore maintains a list of issuers in which investment is restricted.