Oquendo carries out a broad, all-encompassing materiality assessment. This materiality assessment aims to appraise a potential investment's performance in a series of ESG criteria, in order to thus evaluate what ESG risks the investment poses. On top of that, there is an investment restriction process that shuns certain activities and sectors.
During 2019, Oquendo has started to work on a new ESG scoring system that will be fully operational during 2020. This will help us to better understand the drivers for the ESG performance in our portfolio and establish improvement measusres.