BlackRock is our fiduciary manager. We closely monitor how they implement our sustainable investing policies and integrate ESG in the investment processes and decisions including in the selection of external managers.
BlackRock provides qualitative and quantitative descriptions of the ESG policies of each investment strategy within the Stichting Pensioenfonds Medisch Specialisten portfolio. The Client Solutions Manager Research team has sourced and collated information pertaining to firms’ commitments to ESG, including, but not limited to, devoted resources, integration approaches, management capabilities, and monitoring/ reporting transparency. After synthesizing managers’ responses to the Client Solutions Responsible Investing survey, and after several conversations with managers about the practical applications of their ESG philosophies, the Manager Research team has formed and articulated opinions on the ESG approaches of each manager in the portfolio of SPMS.
Each manager in SPMS’ portfolio integrates ESG into their investment processes to varying degrees. While ESG is considered to varying degrees across strategies, the Manager Research team affirms that each manager is taking conscious, demonstrable steps to develop their ESG policies and procedures to meet evolving client needs.