Integration of ESG
At Triasima, we believe that proper disclosure and consideration of material ESG risks and opportunities regarding the entities in which we invest can help enhance our analysis and decision making.
Given our unique approach, our investment process takes ESG factors into account in the fundamental pillar of our Three-Pillar approach. ESG factors are integrated in such way to understand growth patterns and to identify material risk exposure of an entity. If the risk exposure of an ESG factor is too high, it can be used as an argument to veto the entity.
< >Triasima's portfolio managers engage with entities in which we invest. ESG is systematically part of the conversation to limit the risk of leaving behind material information.
The goal of our engagement is to better understand the entities in which we invest, explore if ESG is meaningful in the entity's future evolution, have a collaborative dialogue with management, bring awareness to issues identified by Triasima, proxy and encourage entities to disclose on such issues.
ln addition to direct engagement with the company, Triasima also takes part in collaborative engagement to leverage resources and improve ESG disclosure and performance of the companies in which we invest.
Proxy voting is an important component of active ownership. Consistent with our responsibility as an investment manager, we have established policies and procedures regarding the voting of proxies we received. Our Proxy Voting Policy can be made available upon request. Proxy circulars, together with available proxy research, are reviewed in advance of each meeting. Non-routine proposals, including those involving ESG-related issues, may be given special attention and reviewed in detail. Triasima may refrain from voting when power of attorney documentation, issuer-specific special documentation, or various markets or issuer certifications are required, and where voting will have a material impact on its ability to trade the security.