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You are in Indirect – Manager Selection, Appointment and Monitoring » Outputs and outcomes
One of our managers scored poorly on ESG. SPMS has addressed this and spurred the manager on to improve its ESG framework and comply.
The external manager had made some progress and showed this to SPMS. However, BlackRock as fiduciary manager hasn't been convinced yet and has further continued the dialogue with this manager in order to raise their ESG awareness.
SPMS has seen some progress so far in the ESG integration in the investment process of this manager but has signalled it wants to see further improvement. Ongoing.