As signatories to the PRI, EDM factors ESG issues into our evaluation processes, avoiding companies we believe pose outside ESG risks that can negatively impact our results as investors. EDM focuses on investing in companies it deems not only creditworthy, but that are also well-run with regard to their ESG exposures.
EDM’s investment team broadly incorporates ESG-related research, particularly as it creates economic risk, into the standardized Credit Reports the team produces. These reports are shared between portfolio managers and analysts through formal meetings and through ongoing interaction in our open office environment. Constant communication of ideas and results allows for the free flow of questions and supports the maintenance of high research standards.
As a portfolio manager, EDM has a professional duty to act in the best interests of its clients and to exercise due diligence in its investment process. EDM believes that Environmental, Social and Governance (ESG) factors can be incorporated into its investment and decision-making processes in line with its fiduciary duties.