While our primary approach is not a "screening" process, the original screening criteria was established at the inception of our ESG investment program, which dates back to 1987. The approach has always been focused on two areas: Investment process and sustainability.
Over the decades, our clients have given attention to a variety of themes/topics in society, e.g., anti- apartheid, diversity, education, environmental stewardship, good governance, and more recently, a focus on impact of their investments as well as the SDGs (sustainable development goals).
We review our ESG integration approach continuously and make adjustments, as appropriate - given the macro, societal and regulatory norms as appropriate.
We rely on our internal research analysts to analyze and assess the material and relevant ESG factors by industry. Each analyst assigns an ESG rating to all of the stocks under their coverage. The ESG ratings range from "AAA, AA, A, B"
Our analysts also give their views on emerging areas of risk and opportunities within their given sectors throughout the year.
Our general focus is not to take an exclusionary approach, but rather, to identify long-term sustainable investments that have met both our robust financial criteria and material ESG sector-specific criteria.