Describe how you integrate ESG information into portfolio weighting.
ESG is used to identify the structural risk in the benchmark.
Describe the methods you have used to adjust the income forecast / valuation tool
In some portfolios the exposure to different sectors is directly adjusted based on ESG-analysis. For other portfolios with more narrow benchmarks, the company's exposure to the structural risk in their sector is valued by quantification of their exposure relative to peers. This is also used in the dialogue with the company.