Direct investment in fixed income in WPV on WPV´s own balance sheet will not be expanded any further but reduced. Therefore we confine ourselves to monitoring.
If we would decide to expand direct investments in fixed income on our own balance sheet we would integrate ESG issues in our due diligence process and in the decision-making.
Individual research is carried out inhouse by our own investment professionals who keep contact to the external managers and the issuers. Additionally we receive ESG research data from our master capital management company (which we also use as basis for our recommendations to the capital management company).